Phoslock Environmental Technologies Limited (PET.AX)
Phoslock Environmental Technologies Limited operates in the Industrial - Pollution & Treatment Controls industry of the Industrials sector, headquartered in Sydney, NSW, AU. The stock last traded at $0.01, up 0.00% on the session, giving a market capitalisation of $3.7M. Its beta of 1.12 implies it has historically moved more than the broad market.
Phoslock Environmental Technologies Limited specializes in devising, developing, and executing water management solutions, in addition to supplying advanced water purification products. The company's primary offerings include Phoslock, a unique bentonite lanthanum compound engineered to extract excess phosphate from water, and Zeolite, which is employed in heavily contaminated water bodies to sequester nitrogen. These innovative products are instrumental in restoring and cleaning various aquatic ecosystems, such as lakes, rivers, canals, wetlands, and crucial drinking water reservoirs. Its global operations encompass Australia, New Zealand, Europe, the United Kingdom, North and South America (specifically the United States, Canada, and Brazil), and China. The entity, initially incorporated as Phoslock Water Solutions Limited in 2002, rebranded to Phoslock Environmental Technologies Limited in August 2018 and is headquartered in South Yarra, Australia.
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