Gradiant Corporation’s Momentum Continues with Asia Expansion

Water Treatment Innovator Secures New Partner to Expedite
Commercialization

BOSTON–(BUSINESS WIRE)–Gradiant Corporation, a leader in innovative solutions for industrial
wastewater treatment and desalination, unveiled significant milestones
achieved in 2017 that set the stage for continued growth and expansion
throughout 2018. Last year, following
the successful formation of the oilfield services division, Gradiant
Energy Services, Gradiant focused its attention on the growing $500
million wastewater desalination and zero liquid discharge market in
Asia. The company secured contracts in China and India using their
patented humidification – dehumidification (HDH) process to transform
complex waste streams from power generation and textile manufacturing
into fresh, reusable water.

Today, Gradiant announced their latest collaboration with Hong Kong
based Esquel Group, the world’s largest woven shirt manufacturer. With
production facilities in China, Malaysia, Mauritius, Sri Lanka and
Vietnam, the Esquel Group is one of the most dynamic global-scale
textile and apparel manufacturers. The partnership will allow Gradiant
to expedite commercialization of their advanced water treatment
solutions within the textile market.

“As a large vertically integrated textile and apparel manufacturer, we
make efforts to minimize our ecological footprint every step of the way
from cotton seed to shirt. Our goal is to institute innovative solutions
to set new industrial benchmarks and preserve the environment where we
operate. Gradiant has proven themselves as a true innovator in
wastewater treatment and as a partner who can help us with our vision of
making a difference,” said Mr. Yugao Zhang, Head of Research and
Development at Esquel.

Textile and garment production requires roughly 150 liters of water to
produce one kilo of textile material or the equivalent of one day’s
attire for one person. The resulting wastewater carries with it dyes and
chemicals that require advanced treatment to be safely discharged into
the environment or reused in the process. Progressive textile
manufacturers are adopting desalination and evaporation technologies to
remove dissolved solids and achieve zero liquid discharge.

Gradiant’s HDH system removes harmful pollutants to recover clean water.
This evaporator alternative mimics nature’s rain cycle to reduce the
cost of treatment by as much as 50 percent. Gradiant first demonstrated
the process at full-scale in 2013 treating produced water from North
American oil and gas exploration and production.

“At Gradiant, we help industrial water users minimize their cost of
treatment and their impact on the environment,” said Anurag Bajpayee,
CEO of Gradiant Corporation. “We look forward to working with the Esquel
Group to support their goals.”

About Gradiant Corporation

Gradiant Corporation and its operating subsidiaries provide sustainable
solutions for complex water challenges. With a portfolio that includes
patented desalination, brine minimization and other water recycling
systems, Gradiant is globally recognized for innovative technologies
that reduce the total cost of treatment and minimize the impact on the
environment from industrial processes. Established in 2013 at the
Massachusetts Institute of Technology (MIT), Gradiant is headquartered
in Boston with offices and partners across the globe. Visit
www.gradiant.com.

About Esquel Group

Founded in 1978, Esquel Group is a global textile and apparel
manufacturer with a vertically-integrated supply chain that straddles
from cotton to retailing. Through our retail brands PYE and Determinant,
we communicate our belief directly to the world. With manufacturing
facilities located in China, Malaysia, Mauritius, Sri Lanka and Vietnam,
and merchandising offices servicing markets worldwide, Esquel
manufactures over 100 million pieces of garments annually for leading
brands including Ralph Lauren, Tommy Hilfiger and Hugo Boss. Long an
advocate in innovation, environmental protection and corporate social
responsibility, Esquel aspires to make a difference in the textile and
apparel industry and contribute to the well-being of a wider community.

Contacts

Gradiant Corporation
Lisa Marchewka, 781-625-5238