Fluence operates in the small to mid range of water treatment, desalination project size.... They work globally from a minesite in Chili, a chicken factory in Italy, a resort in the Philipines, the worlds longest highway in China....and on and on.
This market is saturated with huge multinationals that are chemical companies like ECOLAB, Solenis, filtration companies such as Pentair, some Chinese giants.
On the small cap space I also own Scidev Ltd (ASX:SDV) which imports chemicals that coagulate all the crap in the water that you can then filter out with standard processes.... SDV have a big market in coal mines and recently building sites.
None are as compelling as Fluence, which is weird as I am down on FLC and up on SDV even though I'm more bullish on FLC, as their product offering is diverse, scalable, environmentally friendly, energy efficient, and are fast approaching cashflow positive.
Some countries import water to survive...eg Turkmenistan imports 97% of its use!!! Ok that is an extreme example.. Zimbabwe imports 39%. Not only poor countries.. Switzerland imported 24% of its use ****All these stats are in 2017****
By reusing wastewater, having decentralised desalination plants in an energy efficient, environmentaly friendly, cost effective solution I believe and hope that Fluence and the communities it serves can prosper.