Salttech is pleased to announce that National Energy Services Reunited Corp. (NESR), a global leader in energy services, has acquired a minority stake in Salttech BV. This partnership marks a powerful step forward in advancing Salttech’s patented Dynamic Vapor Recovery (Dyvar®) technology—a breakthrough in sustainable water management and mineral recovery.
Salttech and NESR have collaborated for years to pioneer effective water treatment solutions tailored to the unique needs of the MENA region. Now, with Dyvar® successfully deployed in industrial scale pilot projects, this investment amplifies the reach and impact of our Circular Water concept across vital sectors. As part of the NEDA segment, NESR has selected Dyvar® as a cornerstone for its innovative water solutions, aiming to meet the urgent water challenges in Saudi Arabia and beyond.
Solving water challenges, Scaling up Dyvar®
This acquisition not only signifies the technical acceptance of the Dyvar® in our industry, but also underscores NESR’s commitment to bringing leading water technologies into the region to help solve the massive water challenges of MENA In conjunction with optimizing and scaling up the Dyvar®, our vision with this investment is to domicile in Saudi the manufacturing, ongoing research, and training of national talent to truly localize the Dyvar® in the Kingdom and across the region.
Salttech Founder & CEO Reimond Olthof “Our partnership with NESR embodies a shared vision to address and tackle water challenges in the energy sector. NESR’s commitment to sustainable innovation was key in our collaboration to develop a robust ESG solution for water and mineral recovery. With NESR as a shareholder, Salttech is poised to accelerate global Dyvar® deployment across these wide-ranging industries, boosting water stewardship in both the MENA region and beyond.
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