CTI-ORELIS Acquires CeraMem

Salindres, France – CTI-ORELIS announced today the acquisition of the CeraMem assets from Veolia Water Technologies. CTI-ORELIS will immediately begin integrating the new business, developing synergies for advanced ceramic membrane based solutions for the oil and gas industry. “This is a major step forward for our Group,” says François Garcia, CEO of CTI-ORELIS. “Through the acquisition of CeraMem, we will significantly strengthen our position in North America, particularly in the USA. It will allow us to further expand our product offerings to customers while enhancing our capabilities in the global oil and gas markets.” CTI-ORELIS acquires all the assets based in Boston, Massachusetts USA, including the membrane manufacturing plant, personnel, patents and stocks. After the acquisition, Veolia Water Technologies will become a key partner by continuing to use CeraMem membranes and systems. Meeting the economic and environmental challenges of the oil and gas market was also a strong driver. CeraMem membrane solutions are proven to be particularly effective for the treatment of produced water for reuse and reinjection, as well as to meet strict effluent discharge criteria. “To include CeraMem makes sense with our growth strategy,’’ adds François Garcia. “While current ceramic technologies from CTI-ORELIS are oxide-based products, CeraMem provides expertise in silicon carbide membranes. The synergies will accelerate our growth and our capability to satisfy our customers’ needs with a comprehensive, global and greatly enhanced offering.”