NEWSDESK


Watford becomes the latest DALROD Service Centre


DALRODare excited to announce that the company is once again growing. Today marks the launch of our eighteenth service centreDALRODWatford.DALRODhas so far defied the challenges presented throughout during the pandemic by taking on 8 new service centres since January 2020.


Working in close proximitywith our other new centre in Aylesbury & Slough (launched in March 2021), this latest service centrewill be


workingwith both commercial and residential customerswithin theWatford area. DALROD Watfordwill be focused on growing their client base and supplying a portfolio of expert drainage services to the local community.


The addition of DALRODWatford extends our reach to customers in the East of the country and strengthens our tight knit network of local service centres even further. The responsibility for DALRODWatford lieswith Narthan


Moodley. Narthan is an enthusiastic and highly driven businessmanwho has already demonstrated his core values are closely matchedwith DALROD’s, especiallywhen it comes to delivering excellent customer service.


Everyone throughout the DALROD family wishes the very best of luck to DALROD Watford as they begin their journey, andwe are all so excited to continue towelcome new businesses into the expanding network.


Developing sustainable wastewater


treatment solutions Globally Wastewater is key to solving the global water crisis: United Nations


IWCapital is proud to announce the completion of a successful investment in LATWater Ltd. Led by IWCapital, £4.7million has been raised in the round to accelerate LATWater’s commercial growth in developing sustainablewastewater treatment solutions globally, following early success both in the UK and China.


The LAT™ technology process separates and recovers cleanwater fromhighly contaminated industrialwater utilisingwaste heat. The systemis highly scalable and can be installed for treating flows fromone to over 1,000 cubicmetres per day of effluent, delivering up to 60%cost savings for the operator and contributing to reductions in greenhouse gas emissions.


The process is capable of treatingwastewater for awide range of applications, including,


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notably, the treatment ofwastewater fromlandfill sites. This helps bothwith the odour associated with such sites aswell as reducing the costly and environmentally damaging need to transport the waste off-site for treatment.


The investment follows a successful start to 2021 for the company. Despite difficulties faced by COVID-19, LATWater has kept on trackwith key targets both across the globe and closer to home. Themaiden installation located at the Daxin landfill, in Shenyang, China, has now been successfully operating for over two years. This has been followed by the construction of a showcase facility at a Viridor site in thewest of England.


Mark Hardiman, LATWater CEO commented: "LATWater are delighted to conclude this latest


| June 2021 | www.draintraderltd.com


round of funding and partnerwith IWCapital. IW share our direction,motivation and ambition and we are excited to begin this partnership. This funding enables us to push forwards our targets of providing innovative, sustainable, low-cost solutions forwastewater treatment."


Luke Davis, CEO of IWCapital, commented on the investment:


"We are very excited to invest in this innovative water treatment company that is positioned to make amajor positive impact in addressing the climate crisis. It is inspiring to see the steps the company is taking in addressingwhat is a growing problemfor industriesworldwide.We look forward to supporting LAT’s experienced management teamand help deliver future growth."


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