BUDAPEST, Hungary, October 10, 2013 /PRNewswire/ --
List Recognizes the Top Private Companies in Clean Technology
Organica Water, a global provider of innovative solutions for the treatment and recycling of wastewater, has been named "Company of the Year - Europe and Israel" in the Cleantech Group's prestigious 2013 Global Cleantech 100, a list of the 100 most promising companies selected from a list of over 5,800 by hundreds of leading experts from cleantech innovation around the world.
Over the past two decades Organica has developed a truly original approach to biological wastewater treatment, enabling customers to address urban water challenges in a cost and resource efficient manner. The Organica Food Chain Reactor (FCR) solution utilizes a waste-processing biofilm on both natural (plant) and artificial (patented biofiber media) root structures, all housed in a fully-enclosed, odorless, greenhouse facility. The result is a solution which offers a significantly reduced physical footprint and lower operational and infrastructure costs when compared to conventional wastewater treatment solutions, all in the form of a pleasant botanical garden like environment.
"Organica's unique solutions for biological wastewater treatment offer an answer for today's changing demographic landscape," said Ari Raivetz, CEO of Organica Water. "Our planet is currently experiencing one of the greatest population migrations in its history. By 2050, two out of three people in the world will live in an urban center. The result is that more and more waste is created in less space, making it cost prohibitive to transport and treat that waste far away from these urban centers. Organica's economic and sustainable approach based on a proven technology enables global engineering and construction companies to build smaller facilities closer to where people live, enhancing surrounding property values and eliminating all the negative connotations associated with traditional wastewater treatment plants. It is a tremendous honor for us to be recognized as the #1 ranked Cleantech company in Europe and Israel. We think it recognizes that the time has come for the next generation of wastewater management, and we look forward to continuing our work to become the standard operating system for all municipal wastewater treatment plants in the 21st century."
The Global Cleantech 100 list is unique because it highlights the promise of private clean technology companies from all around the world, focusing on those companies that market leaders consider likely to make the most significant market impact over the next 5-10 years.
The list is derived from Cleantech Group's own data and research, combined with the weighted qualitative judgments of hundreds of nominations, and the viewpoints of a global 90-person Expert Panel. To qualify for the list, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.
5,864 companies were nominated this year from 60 countries. These companies were weighted and scored to create a short list of 300 companies. Vital information on these short-listed companies was presented to the expert panel for final input. The end result was 100 companies from 18 countries.
About Cleantech Group
Cleantech Group helps clients accelerate sustainable innovation. The company's i3 platform allows subscribers to discover companies and explore cleantech trends strategically with proprietary real-time data. Cleantech Forums bring together thought leaders and innovators in the cleantech and sustainability ecosystem. The company's advisory services leverage expertise in designing and executing corporate strategies for sustainable growth and innovation sourcing. Details at http://www.cleantech.com
About Organica Water
Since its founding in 1998 as a Hungarian EPC Contractor, and its transformation to a global solutions provider via a Series A financing in 2008, Organica has worked to bring its sustainable wastewater treatment solutions to cities and communities around the world. The company's latest offering is the Organica Food Chain Reactor (FCR) solution, a type of Integrated Fixed-Film Activated Sludge (IFAS) system which utilizes a fixed-bed biofilm that grows on both natural (plant) and artificial (patented biofiber media) root structures, resulting in a significantly reduced physical footprint, zero "psychological" footprint, and lower operational and infrastructure costs when compared to other activated sludge-based wastewater treatment solutions. Each Organica FCR is housed in a fully-enclosed, odorless greenhouse facility with the appearance of a botanical garden, preserving the surrounding land value and allowing the wastewater treatment plant (WWTP) to be placed directly adjacent to the wastewater source, thereby greatly reducing infrastructure costs and enabling cost-efficient reuse of the treated effluent. With nearly two decades of experience and more than 30 operating references (15+ under construction), Organica offers proven economic and sustainable solutions for today's wastewater management challenges. Organica has offices in Budapest (Hungary), New Delhi (India), Shanghai (China), and Princeton, NJ (USA).
SOURCE Organica Water, Inc.