Summary: De.mem (ASX: DEM)
De.mem started operations in 2014 with the vision to become the leading provider for de-centralized, membrane-based solutions for industrial water and waste water treatment. In the meantime, the company has grown to about 75 employees with offices in Brisbane, Perth, Launceston, Melbourne (Australia), Singapore, Ho Chi Minh City (Vietnam) and Velbert (Germany).
De.mem offers a range of Singapore-made hollow fibre membranes, often deployed as the key component of its products. This includes innovations such as the company’s hollow fibre nanofiltration technology and its graphene-oxide enhanced polymer membrane, which it presented in September 2021.
Key milestones in the development of De.mem are as follows:
- 2015 Completed a number of municipal / residential projects in Vietnam
- 2016 Expanded into the industrial waste water treatment segment and signed lighthouse contracts with multinational corporations in Singapore
- 2017 Listed on the Australian Stock Exchange
Started factory for the production of hollow fibre membranes in Singapore
Acquired Akwa-Worx Pty Ltd, Queensland, Australia (now: De.mem-Akwa)
Signed contracts with leading players from the Australian mining sector - 2018 Received 1.7 million A$ award for waste water treatment plant in South Australia
- 2019 Received 2.8 million A$ project award for seawater desalination plant in Australia
Signed 1.7 million A$ Build, Own, Operate contract for industrial waste water treatment in Singapore
Acquired Pumptech Tasmania Pty Ltd (now: De.mem-Pumptech)
Entered into Germany/Europe via acquisition of Geutec GmbH, Essen, Germany (now: De.mem-Geutec) - 2020 Signed new 2.7 million A$ contract for supply of a seawater desalination plant
- 2021 Acquired Capic in Perth, Western Australia (now: De.mem-Capic)
- 2022 Acquired Stevco in Epping/Melbourne, Victoria (now: De.mem-Stevco)