Press Release: May 22, 2020
Golden, Colorado USA— IX Power Clean Water, Inc. announced today that it is raising funds through an SEC-regulated crowdfunding campaign on StartEngine (StartEngine.com/Ix-Water) to enter the market with its machines that clean highly contaminated water produced by oil and gas recovery, mining, and other industries.
The oil and gas industry generates 150 billion barrels of natural wastewater each year. IX Water’s advanced system treats a wide variety of dangerous pollutants in industrial wastewater such as organic hydrocarbons, heavy metals, and dissolved salts, which are all hazardous to human health.
Instead of disposing of the toxic water underground or in surface ponds, or treating it with even more chemicals, IX Water cleans the water so it can be used again. The cleaned water meets or beats the stringent standards set in the U.S., European Union, and China.
Oil and gas companies currently spend $75 billion per year to treat naturally produced wastewater. IX Water costs at least 50 percent less than traditional treatment and disposal methods and it creates a new source of clean water for reuse by industry, recycled for other uses, or discharged to the environment. IX Water’s goal is to provide clean water for 50 cents to $1 per barrel.
The technology was invented by scientists at the world-renowned Los Alamos National Laboratory in a unique collaboration with New Mexico Tech and the University of Texas to provide an economical, efficient, and complete system to treat oil and gas produced water.
To learn about the raise, visit www.StartEngine.com/Ix-Water
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About IX Power Clean Water
IX Power Clean Water, Inc. was founded by IX Power LLC, a technology commercialization and product development firm spun-out from Los Alamos National Laboratory in New Mexico. Offices for IX Power Clean Water are located in Golden, Colorado, and Dalian, China. Visit https://IxWater.com/
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