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Executive Summary | www.lesico-cleantech.com The information contained herein is updated as of the date appearing on the cover page hereof. The delivery of this document after such date does not imply that the information herein has been updated at any time subsequent to the date appearing on the cover page hereof. This document is for informational purposes only, and does not confer any contractual rights whatsoever. The recipient may not rely on the information contained herein for any purpose. This document does not constitute an offer to sell or the solicitation of an offer to buy in any jurisdiction.
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Lesico Technologies (CleanTech)
Source: GWI, Desalination Markets A Global Industry Forecast
Total expenditure in desalination sector: $32B (2010-2015);CAGR 10%-15%
Competitive Landscape Current brine disposal methods are limited – Disposal
methods that are practiced (surface water discharge, deep well disposal, evaporation ponds and thermal evaporators) are limited due to constraints such as climate, geology, soil conditions, distance from plant, and the local regulatory position.
Key Players in the Market GE Water (US) 1. Siemens Water (Germany) 2.
Veolia (France) 3.
Doosan (Korea) 4.
Hyflux (Singapore) 5.
Suez (France) 6.
IDE Technologies (Israel) 7.
What do we do? Delivering brine management and zero liquid
discharge (ZLD) technologies for water production processes, wastewater treatment and gas&oil production.
What is Brine? Brine is a byproduct liquid waste with high levels of
salinity. Brine is usually generated by large scale industrial processes, primarily desalination.
The Market Main growth engines:
(a) stringent regulations enforcing water reuse&recycling and ZLD practices. Financial&insurance companies as well as manufacturers must also comply with regulations and international treaties aimed to enforce sustainable approach. (b) The growing use of membranes in desalination and wastewater treatment processes generate vast amounts of byproduct brine that requires economical and environmentally sustainable disposal and created a considerable market for brine management technologies.
Target Markets: Desalination, Mining, Gas&Energy and industrial processes involving membranes (pharmaceutical, food&beverage, microelectronics etc.). The market is estimated at nearly $1 billion!
The Need Lack of cost effective solutions – while membrane
technologies, particularly reverse osmosis, have developed significantly and are widespread in recent years, there are few or no cost-effective brine disposal methods and technologies.
Threat on land development in inland locations - Following decades of continuing expansion of seawater desalination capacity at coastal sites, considerable interest has now shifted to inland water sources. Innovative and cost effective brine technologies will provide growing communities with fresh water and industrial plants with sustainable disposal options.
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About the Company
Lesico CleanTech is developing and commercializing advanced desalination solutions and sustainable brine management technologies, primarily desalination rejected brine.
Lesico Cleantech has contractual relationships with Ben Gurion University (BGU) and the Zuckerberg Institute for Water Research (ZIWR) – leading water research institutes with extensive research activities in diverse water sciences, and with Mekorot – Israel's national water company.
Lesico CleanTech was selected as one of the top 50 water technology companies in the world by the Artemis Project for its leading game-changing technologies that provide venture grade investment opportunities in the water sector.
Product Portfolio 1. WAIVTM (Wind Aided Intensified eVaporation) – A state-of-the-art enhanced evaporation
technology for brine volume reduction/minimization. The device is operated by the wetting of evaporation surfaces, mounted on suitably constructed modules.. The device uses the driving power of the wind, which drives away excess humidity from the surfaces to intensify the evaporation process by a factor of 15-20 X more than a conventional evaporation pond! See appendix 1.
2. Modular Electrodialysis – A breakthrough customary stack structure with modular design, low hydrodynamic resistance and particle tolerance. The new ED unit is aimed for pretreatment for reverse osmosis to develop a different hybrid for Zero Discharge Desalination (ZDD). The new design will allow significant improvement of water production rates and will inherently reduce capital&operational costs of brackish water desalination and brine volumes. See appendix 2.
The Business Model Beta Sites – Operating beta sites in key regional markets with strategic partners, research centers
and opinion leaders in cooperation with local regulatory authorities. Go to Market Strategy – Sales in target markets throughout distributors, strategic and channel
partners with a commercial platform. Exit Strategy – M&A or IPO
Intellectual Property (IP) Strategy A firm "Intellectual Capital Management" with processes and measures (official patents,
trademarks, trade secrets and know-how) which supports the company's business strategy. NOT a list of patents and patent applications but a proactive plan that is mainly aimed to protect
our competitive advantage, achieve freedom to operate, meet the company's market objectives and leverage partnerships with key players in the market.
CEO Nissim Asaf (MBA) – with over 10 years of vast experience in leading managerial roles in the hi-
tech field, Mr. Asaf joined Lesico Group in 2006 to lead the company in capturing and commercializing new innovative water technologies.
Lesico CleanTech is a subsidiary of Lesico Group, one of the leading privately owned companies in Israel's development and construction since 1969. Lesico's expertise as a developer encompasses residential, environmental (BOT), energy and civil engineering projects
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Appendix 1 – Wind Aided Intensified eVaporation
A state-of-the-art enhanced evaporation technology for brine volume reduction/minimization. The device is operated by the wetting of evaporation surfaces, mounted on suitably constructed modules. A pump brings the water from small holding pond or storage tank to a distribution network on top of the vertical surfaces from which the vertical strips are fed by gravity.
The device uses the driving power of the wind, which drives away excess humidity from the surfaces to intensify the evaporation process by a factor of 15-20 X more than a conventional evaporation pond!
Commercial demonstration in Ktziot – Israel's
largest brackish water desalination plant
Figure 1.2: WAIV Modular Unit
How Does it Work? 1. Holding pond from which WAIV is fed
2. Pump to lift brine to perforated pipes which distributes it to wetted surfaces
3. Wetted surfaces from which brine evaporates
4. Impervious surface (concrete) sloping back to pond to allow excess brine to return to pond by gravity
Technology Benefits
- Extremely low waste volume
- Reduced footprint (Land/Co2)
- Ideal for inland groundwater treatment
- Easy retrofit for existing systems
- Compliance with discharge regulation
- Simple and yet reliable
- Modular
- Salable or reusable byproducts in some applications
- Pilot testing available
WAIV Patents
- Patent No’ 147002
- Patent No’ 7166188
- Pending: PCT/IL 2010/000517
- Pending 202169
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Appendix 2 – Modular Electrodialysis
Electrodialysis: Background
Electrodialysis (ED) is a relatively mature desalting technology: it was invented before Reverse
osmosis (RO). The potential advantage of ED over RO is its applicability in very high salt
concentrations as well as in brackish water, since no high pressures are required for the process.
Since ED, unlike reverse osmosis, removes salts from the feed water, and not water from the
solutes, it is particularly advantageous for the treatment of brackish water containing relatively
low amounts of salt. Hence ED can serve as a high recovery desalination system and to solve the
crucial currently expensive unsolved problem of brine disposal in the desalting of brackish water.
The conventional ED stack consists of an array of parallel flat sheet membranes: alternating anion-
exchange and cation-exchange membranes, known as cell pairs. The array is held in a filter-press-
type structure. The feed water flows through the compartments created by these membranes,
and the direct current which is passed through the stack, concentrates and dilutes the alternating
"brine" and "diluate" compartments, respectively. In order to keep the total electrical resistance
low, the compartments should be as thin as possible, usually 0.5-1 mm. Clearly, leaks between
the two types of compartment must be avoided. Leak-free sealing is achieved by accurate design
and structure of spacers and gaskets, substantial and carefully balanced pressure applied by the
end elements of the press, and by specially designed entrance and exit ports of the
compartments. The narrow ports may lead to clogging, which should be avoided. A large fraction
of the hydrodynamic resistance of the conventional ED stack is due to these ports. This extra
resistance increases the pumping energy necessary for fast enough flow of the feed water.
In currently available commercial ED equipment (figure 1.3), the cost of the membrane stack is a
large part of the total initial investment. The filter press concept, the expensive membranes and
the gaskets all contribute to the high cost of the stack. A less expensive stack would make the
process more competitive, facilitate desalting of additional saline water sources, and help in
achieving the goal of Zero Liquid Discharge (ZLD) by reducing the large volumes of concentrated
brines. A simplified stack would also make operation and maintenance of the plants less
complicated.
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The innovation of the new ED design:
Our new design concept (figure 1.4) is based on sealed modules allowing free flow of solutions within the stack, new polymer membranes that can be sealed to each other and ion-conductive spacers that reduce polarization. The new stack has no gaskets and no holes, and thus we do not fight the leaks around holes, and there are no thin (0.3) channels. The hydrodynamic resistance is due only to the compartments themselves and not to entrance/exit ports.
Figure 1.3: The structure of current available
commercial ED: filter-press-type structure
with many inlet and outlet ports leading to
high electrical resistance, clogging and high
maintenance costs
Figure 1.4: New design of ED membrane
stack module: No gaskets between the
membranes and no inlet/outlet ports lead
to Improved hydrodynamic performance
and reduction in pumping energy
Technology Benefits
- Sealed modules allowing free flow of solutions
- Reduced energy consumption and precipitates
- Based on new polymer membranes with reduced polarization
- Easy retrofit for existing RO systems to achieve Zero Discharge
Desalination
- Ideal for RO softening and inland groundwater treatment
- Ease of operation and maintenance
- Modular
- Pilot testing available
Patents Pending:
PCT IB2008/055380
3 U.S Provisional's under
process
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251, Jerusalem Ave. Holon 58827 ISRAEL
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E-mail: [email protected]
www.lesico-cleantech.com