Modern Water signs new product development contract
Modern Water plc (AIM:MWG), the owner of leading water technologies for the production of fresh water and monitoring of water quality, has entered into a new substantial product development contract with global agrochemical company United Phosphorous Inc. (UPI). Under the contract Modern Water will develop and supply a new herbicide testing system.
The new test system will detect Endothall, an aquatic herbicide used in rivers, streams, irrigation canals, lakes and other waterways to control Hydrilla and other vegetation. Endothall was first synthesised in 1928 and has since been used extensively for aquatic weed control. Development of the test system will focus on increased portability and obtaining near instant results when in the field.
This contract is part of a 13 year collaboration between UPI and Modern Water’s monitoring division involving the development and production of testing products and will provide UPI with an exclusive license to use and distribute the new test kits.
Modern Water’s CEO, Simon Humphrey, commented, “We are very pleased to continue working with UPI, one of the world’s fastest growing agrochemical companies, and look forward to providing UPI with a new high quality, rapid test kit.”
Gerald Adrian, Business Manager for UPI’s Aquatics Division commented “We are excited about having a field test that will provide us with practically instant results with very good accuracy. This has been needed for some time, and Modern Water has developed the technology we need.”
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