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Highlights
- Sprintex lands key trial order in Europe
- Groundbreaking manure-to-fertiliser system gains traction
- Dutch government support signals wider adoption
Sprintex Ltd (ASX:SIX) is gaining strong momentum in Europe, with its advanced manure treatment technology poised to revolutionise agricultural emissions management. The latest breakthrough comes via its partner Mest Water, which has secured a high-profile trial order for Sprintex’s innovative ZLD-UP system. This system is designed to convert manure into high-grade fertiliser while eliminating liquid waste, aligning with Europe’s growing demand for responsible and sustainable farming practices.
At the heart of the deal is a forecasted A$8.4 million revenue stream from a trial order with the Van Drie Group, one of the largest veal producers in Europe. The trial represents a pivotal milestone, further validating Sprintex’s zero-liquid discharge solution and its potential to set new standards in eco-friendly agriculture. CEO Jay Upton highlighted the significance of the development, stating the ZLD-UP enhancements have already exceeded internal performance expectations.
The ZLD-UP system integrates Sprintex’s proprietary compressor technology and is available in two configurations: a high-capacity stationary unit for large-scale operators and a newly launched mobile version suited for smaller farms. The stationary system processes 1,000 kilograms of manure per hour and is priced at €36,000 (A$63,336) for initial evaluation units, with prices reducing for bulk orders. The mobile unit, equipped with three Sprintex MW30 compressors, can process 3,000 kilograms per hour and is priced at €93,000 (A$163,617) for trials.
In a move that underscores government backing, Mest Water is collaborating with the Dutch government to secure subsidies and co-financing for farm-level adoption. With over 17,000 farms in the Netherlands required to reduce ammonia emissions by 50% before 2030 under EU regulations, Sprintex’s technology could play a crucial role in meeting environmental targets.
As part of a June 2024 agreement, Sprintex will deliver 18 systems—17 stationary and one mobile—worth €705,000 (A$1.24 million), with full deployment expected by mid-2025. This rollout forms a major step in the broader trial program and sets the foundation for potential expansion across Europe.
Investor interest is likely to rise with Sprintex gaining visibility through events like Hannover Messe and planned launches of three new Mechanical Vapour Recompression (MVR) models in 2025. These developments could also enhance the company’s position among ASX dividend stocks, offering growth potential combined with sustainable technology exposure.
As Sprintex advances its European footprint and aligns with clean energy transitions, it strengthens its case for relevance within the ASX200, positioning itself among innovative Australian industrials set for long-term impact.
