Evac's growth fueled by booming cruise newbuilds
Evac, provider of integrated waste-, wastewater-, and water management systems for the marine, offshore and building industries reports 40% annual growth in business with the cruise ship building boom through to 2026 being a prime driver of its success.
In 2015, Evac’s turnover grew 40% to €98m thanks especially to large cruise, navy, coast guard, and offshore contracts. At the end of the year, Evac’s backlog value grew 50% compared to the same period in year 2014.
In the first quarter of 2016, Evac won two cruise projects including Evac Complete Cleantech Solution covering the integrated waste and wastewater management systems for altogether seven cruise vessels. The total value of these projects was about €40m These, and many other already contracted projects, will fuel Evac’s turnover in future years.
'The cruise industry continues to grow,' says Tomi Gardemeister, ceo Evac, 'and its growth means great things for the state of the art cleantech marine products that Evac provides.'
Evac’s Complete Cleantech Solution is a five-system product array that includes waste-, wastewater- and water management systems. Evac systems purify wastewater to 99% clean effluent and one percent sludge that can be burned in Evac incinerators.
Evac says its vacuum toilets consume 1.2 liters of water per flush versus 3 to 10 liters consumed by traditional gravity toilets. With an average cruise passenger flushing a toilet 10 times per day, Evac systems save a typical vessel a minimum of 59,000 liters of water per day.
'Evac’s competitive edge is our ability to offer in-house product development, product testing, constant product development, plus the largest product offering on the market,' says Mika Karjalainen, chief technology officer at Evac.
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