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Ion Exchange completes JV agreement with AWJ ENERGY

21 Feb 2019 Evaluate

Ion Exchange (India) has completed a Joint Venture (JV) agreement with AWJ ENERGY LLC to strengthen its operations in Saudi Arabia. The company will hold 60% stake in the JV under the name and style 'ION Exchange Arabia'. The balance 40% stake will be held by AWJ ENERGY.

Ion Exchange (India) pioneered water treatment in India and is today the country's premier company in water and environment management, with a strong international presence.

Peers
Company Name CMP
VA Tech Wabag 2099.45
ION Exchage 431.95
Refex Industries 293.75
Antony WasteHandling 364.35
Race Eco Chain 98.73
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