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- Energy Recovery, Inc. ERII received an award to supply its Ultra PX energy recovery devices to support industrial wastewater treatment operations at a lithium-ion battery manufacturing facility in China. Financial terms were not disclosed.
- Energy Recovery's Ultra PX helps manufacturing facilities to meet the demand for energy storage technologies while ensuring their operations are more cost-effective and sustainable.
- Energy Recovery previously announced contracts to supply its Ultra PX to a natural gas plant in China, a chemical manufacturer in India, and three other Chinese manufacturers.
- Price Action: ERII shares are trading higher by 1.99% at $19.48 on the last check Thursday.
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