Ontario in Emerging Markets: China and India
Real Tech Inc. (Whitby) is experiencing some exciting momentum in the Chinese market. In early October 2015, the company attended a trade mission to the Sichaun province and presented at the Chengdu International Water Treatment Technology Innovation Forum. There, Real Tech signed a Memorandum of Understanding with Ruiyan Water to commence a demonstration project in the first half of 2016. At the same time, the company signed a partnership agreement with a new Chinese distributor.
Drew Evans, the company’s Vice President of Business Development and Government Relations, says China is a very promising market for Real Tech. “China is beginning to seriously address its water and air quality challenges. We believe we can provide benefits in this market. Our real-time monitoring technology is simple, accurate, and affordable—and it can help to ensure drinking water is kept safe.”
Real Tech’s solutions also help end users optimize their chemical use in treatment processes, which Evans thinks is one of the other main selling points for China. “Chemicals represent a huge percentage of a treatment plant’s operating costs,” he says. “Optimizing chemical use prevents end users from using more than they need to use, minimizes sludge production, protects human and environmental health, and ultimately offers value for their bottom line.” Evans says Ontario-led trade missions have advanced Real Tech’s success in the market. In 2013, the company joined Premier Dalton McGuinty’s mission to China. Real Tech looks forward to participating in Premier Kathleen Wynne’s mission to India in early 2016.
See more at: WaterTAP Blog
Credit: WaterTAP Ontario