JE Cleantech (JCSE) Partners with Singapore-based Deep Tech Manufacturer to Develop Autonomous Cleaning Robots, Expands into Robotics Market

SINGAPORE, Feb 20, 2023 – (ACN Newswire) – JE Cleantech Holdings Limited (Nasdaq: JCSE), (the "Company"), a Singapore-based cleantech company, today announced that it has entered an exclusive partnership with a leading Singapore-based deep tech robot developer, through its subsidiary JCS-Echigo Pte Ltd. As part of the joint venture, JE Cleantech will develop a family of commercial cleaning robots, representing its expansion into the robotics market.

JE Cleantech is the leading manufacturer of precision cleaning systems in Singapore, with customers in a wide range of sectors, including cleaning and equipment manufacturing for hard disk drives, semiconductors, biomedical, food and beverage, and industrial electronics companies, and most recently tech hardware. The entry into this new sector continues to demonstrate JE Cleantech's ability to apply its expertise to different sectors to scale and support its growth.

Specifically, under this partnership, JE Cleantech will provide product specifications, cleaning and vacuum technology, manufacturing and production of robots as well as international and local marketing. Its partner will integrate JCS-E's cleaning technology with its autonomous robot platform and cloud-based fleet management system, and will provide specialty electronics as well as robotic engineering to create a new cleaning robot that is set to surpass many of today's existing solutions.

Low-speed commercial robots for the last mile, inter-building (via sidewalks), and intra-building have a global market potential of more than USD 100 billion per year and a potential of SGD 1 billion in Singapore. Factors such as the increasing demand for automatic cleaning, the development of hygienic solutions to disinfect floors, as well as an optimistic economic outlook, and positive demographics in APAC are driving forces for the market's growth.

"We are excited to enter the new robotics market to develop advanced commercial cleaning robots. With years of experience and a stable and mature performance, our cleaning technology will provide our customers with an exceptional autonomous cleaning solution. It demonstrates our continuous efforts and determination in striving for sustainable growth as well as confidence in the positive prospects of the cleaning market. Looking ahead, we will keep proactively widening our product offerings, exploring new markets, and dedicate ourselves to bringing sustainable returns to our shareholders and investors in the long run," said Ms. Bee Yin Hong, CEO and Founder, JE Cleantech.

About JE Cleantech Holdings Limited

JE Cleantech Holdings Limited is based in Singapore and is principally engaged in (i) the sale of cleaning systems and other equipment; and (ii) the provision of centralized dishwashing and ancillary services. Through its subsidiary, JCS-Echigo Pte Ltd, the company designs, develops, manufactures, and sells cleaning systems for various industrial end-use applications primarily to customers in Singapore and Malaysia. Its cleaning systems are mainly designed for precision cleaning, with features such as particle filtration, ultrasonic or megasonic rinses with a wide range of frequencies, high pressure drying technology, high flow rate spray, and deionized water rinses, which are designed for effective removal of contaminants and to minimize particle generation and entrapment. The Company also has provided centralized dishwashing services, through its subsidiary, Hygieia Warewashing Pte Ltd, since 2013 and general cleaning services since 2015, both mainly for food and beverage establishments in Singapore. For more information about JE Cleantech, please visit our website: www.jecleantech.sg.

Disclaimer: Forward looking statements

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Forward-looking statements may be identified by such words or phrases as "should," "intends," "is subject to," "expects," "will," "continue," "anticipate," "estimated," "projected," "may," "I or we believe," "future prospects," "our strategy," or similar expressions. Forward-looking statements made in this press release that relate to our future contract revenues among other things involve known and unknown risks and uncertainties that may cause the actual results to differ materially from those expected and stated in this announcement. We undertake no obligation to update "forward-looking" statements.

For Media Enquiries and Investor Relations, please contact:
jcse@preciouscomms.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Baguio wins EPD contract to provide Smart Recycling Machines with a Big Data Analytics Platform

HONG KONG, Feb 20, 2023 – (ACN Newswire) – Baguio Green Group Limited ("Baguio" or the "Company", Stock Code: 01397.HK) is pleased to announce that it has been awarded a 2-year service contract ("Contract"), by the Environmental Protection Department ("EPD") of the HKSAR Government ("the Government") for the provision of Smart Recycling Machines ("SRMs"), each with two compartments, and a Big Data Analytics Platform ("the Platform") to drive the smart city development in Hong Kong.

This Contract marks a significant milestone for Baguio in its development of smart technology solutions for green initiatives. Throughout the years, Baguio has been managing EPD's traditional 3-colour bins in thousands of locations in Hong Kong. The Company draws upon its invaluable collection experience in designing the SRM to help bring recycling in Hong Kong to the next stage.

The SRMs are connected with the EPD's GREEN$ Electronic Participation Incentive Scheme to incentivize people with GREEN$ points for recycling. They are equipped with Internet of Things as well as wireless technologies. Transaction data are transmitted back to the back-end system in real time. This improves the efficiency of the recycling operation providing a better service for the community. Fill-level sensors are installed so that the recyclable collection party could arrive just in time to collect the recyclables. Not too early to waste logistics costs and create unnecessary carbon emission. Not too late to create any environmental nuisances. The Platform will also analyze transaction data to help the Government strategically deploy recycling resources at the right time and place to maximize effectiveness.

SRMs will begin to be deployed in the first quarter of 2023. They will be placed in various locations, including but not limited to government premises, public and private housing estates, rural villages, shopping malls, and schools. SRMs can collect a variety of recyclables such as plastics, paper, metal, and glass containers. After the 2-year pilot period, the Government will review the program and may expand it to significantly increase the number of SRMs in Hong Kong.

According to the Government's Waste Blueprint for Hong Kong 2035, the city has set a target of zero landfill by 2035. To make this happen, it is crucial to see immediate and significant improvements in recycling. The Government's Hong Kong Innovation and Technology Development Blueprint recently published aims to use smart and green technologies to create a low-carbon and sustainable environment. Baguio envisions significant business opportunities for the Company.

Smart and green technology business is expected to be the one of the growth engines for Baguio. It is also an essential pillar to complete its one-stop solution that includes delivery of people service, smart technology and ESG data to help the Government build a sustainable and greener smart city and to assist our commercial clients to significantly advance their ESG performance. Baguio will continue to develop more innovative products to fully capture the market potential and to grow its green technology business.

About Baguio Green Group

Established in 1980, Baguio Green Group (Stock code: 01397.HK) is one of Hong Kong's largest and most respected integrated environmental services groups. It provides a full spectrum of professional services including professional cleaning, waste collection & recycling, waste management, green technology, organic fertilizer and animal feed production, horticulture & landscaping, and pest control. It serves a wide range of customers in various sectors including Government departments, statutory organizations and multinational corporations. Fully committed to ESG, the Group works relentlessly to advance sustainable development and create a cleaner, greener, healthier city.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Indonesia to Focus on Six Issues for the 10th World Water Forum

JAKARTA, Feb 17, 2023 – (ACN Newswire) – Indonesia will focus on six key issues for the 10th World Water Forum (WWF), jointly organized by the World Water Council and the Republic of Indonesia and set to take place from May 18 to 24, 2024, in Bali. Speaking at the WWF Kick-off Meeting in Jakarta on Wednesday, vice-chairman of the WWF National Organizing Committee Basuki Hadimuljono framed the agenda which will guide discussions over the next 15 months.

The Bali Governor, I Wayan Koster, gave his remarks at the Kick-off Meeting of the 10th World Water Forum at the Jakarta Convention Center on Wednesday (15/2/2023).(ANTARA FOTO/Muhammad Adimaja/hp)

"In this Kick-off Meeting, we will lay out the major water resource problems, namely Water for Humans and Nature; Water Security and Prosperity; Disaster Risk Reduction and Management; Cooperation and Hydro-diplomacy; Water and Innovative Finance; as well as Knowledge and Innovation," said Hadimuljono, who also serves as Minister of Public Works and Public Housing (PUPR).

Measured discussion of the issues will be conducted through political, thematic, and regional processes, necessitating deliberation to find solutions, innovation, and implementation of action plans. The Indonesian government will be actively promoting the WWF agenda next month, during participation at the UN Water Conference in New York City from March 22 to 24, where it is entrusted to host both side, and special, events.

President Joko Widodo (Jokowi) stated his expectation that the 10th World Water Forum (WWF) yield concrete recommendations on overcoming the global water crisis. "These agendas must be addressed as joint efforts, through community participation and support from various stakeholders, as well as dialogue and partnerships between countries in the spirit of togetherness for the welfare of the global community," said Jokowi.

The President, who received the World Water Council Delegation at Merdeka Palace on Wednesday, said he believed the 10th World Water Forum would be more than an ordinary conference and would produce concrete recommendations for action

Loic Fauchon lauded the support of President Jokowi and various Indonesian stakeholders in the water sector, as they prepared to implement the WWF. "We have to prepare for the next World Water Forum, which will be held in Bali next year. Together, while coordinating implementation of the 10th WWF, we will strive to provide new solutions, which will help to increase the access to water for billions of people," Fauchon stated.

WWF is the largest cross-border event that discusses issues related to water resources and serves as a forum for sharing experiences and innovations to respond to various challenges in global water management. Indonesia has formed the National Organizing Committee for the 10th WWF, comprising various ministries and supported by experts and professors in the field of water-related issues from reputable universities in Indonesia.

The Kick-off Meeting, which was also the 1st stakeholders meeting, and attended by 1,300 delegates from 56 countries, aimed to provide essential information to mobilize and engage the stakeholders in the WWF process until the forum officially begins in March next year. The event will continue with regular pre-summit discussions and workshops to find concrete solutions, with solid innovation, addressing global water problems and setting the stage for a successful 10th WWF.

Source: World Water Forum, https://worldwaterforum.org.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Agreement with Altima to Produce Cheap & Clean Hydrogen in Alberta & British-Colombia

MONTREAL, QUEBEC, Feb 14, 2023 – (ACN Newswire) – St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF)(FSE:85G1) is pleased to announce that its subsidiary H2SX and Altima Resources Limited (TSX-V: ARH) have entered into an agreement via a binding term sheet to move forward with the production of cheap and clean hydrogen (ccH2(TM)) in Canada.

Altima has expressed its intention to use H2SX's hydrogen production (ccH2) and nano-carbon technology for the conversion of natural gas originating from gas & condensate wells in Alberta and British Columbia, Canada. H2SX will partner and will work on an exclusive basis with Altima in British Columbia and Alberta in the natural gas domain and for projects and companies that have traditional natural gas production of 65 MMcf/d or less.

In accordance with the provisions of the Terms (ccH2) Altima will issue to H2SX 6,000,000 common shares upon the completion of milestones as set out in the performance shares schedule (the "Performance Shares") below:

– 2,000,000 shares to be issued upon delivery of a preliminary technological engineering report.
– 2,000,000 shares to be issued upon receipt of a detailed engineering report tailored to Altima's initial project.
– 2,000,000 shares upon the delivery of a Preliminary Economical Assessment or a Prefeasibility Study.

These shares will be subject to such further restrictions on resale as may apply under applicable securities laws. The close of the issuance of shares is subject to further review and acceptance by the TSX Venture Exchange.

In addition to the issuance of Performance Shares, Altima has committed to the construction of a hydrogen processing facility utilizing the patented technology. Altima will fund and be co-operator of the hydrogen production plant(s) in relation to the gas wells it currently operates and in the future. One hundred percent of all capital expenditures will be reimbursed to Altima prior to any profit sharing between the joint venture parties.

Altima will be responsible to provide and manage the natural gas input into the joint venture operations and all infrastructures and logistics associated with it and will receive credits for the sale of hydrocarbons to the green hydrogen operation through this producing joint venture.

H2SX and its partner will be entitled to receive a 5% NRR for which a long form royalty agreement (the "Royalty Agreement") will be executed and will be an integral part of the Joint Venture Agreement between the parties; A formal management structure for the anticipated joint venture will be put in place between the parties.

"We look forward to working with H2SX in moving this exciting zero greenhouse gas (CO2) emission hydrogen production technology, into commercialization and for other prospective green tech opportunities that could benefit from utilizing low-cost green hydrogen," said Joe DeVries, President & CEO of Altima Resources.

"Alberta and British Columbia are strategic locations for H2SX. They will benefit from our low-cost, zero greenhouse gas (CO2) emission hydrogen production technology just as we will benefit from the low costs of their natural gas. A perfect synergy between Altima and us for the benefit of all. The production of cheap and clean hydrogen will spark a multitude of other opportunities such as the production of methanol, ammonia, or fertilizers (urea) with a very low environmental footprint. We can only be excited to start this collaboration with Altima as soon as possible," said Sabin Boily, CEO of H2SX.

ON BEHALF OF THE BOARD OF DIRECTORS
"Frank Dumas"
FRANK DUMAS
Director & COO

About St-Georges Eco-Mining Corp.

St-Georges develops new technologies to solve some of the most common environmental problems in the mining sector, including maximizing metal recovery and full circle EV battery recycling. The Company explores for nickel & PGEs on the Julie Nickel Project and the Manicougan Palladium Project on Quebec's North Shore and has multiple exploration projects in Iceland, including the Thor Gold Project. Headquartered in Montreal, St-Georges' stock is listed on the CSE under the symbol SX and trades on the Frankfurt Stock Exchange under the symbol 85G1 and on the OTCQB Venture Market for early stage and developing U.S. and international companies under the symbol SXOOF. Companies are current in their reporting and undergo an annual verification and management certification process. Investors can find Real-Time quotes and market information for the company on www.otcmarkets.com

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

SOURCE: St-Georges Eco-Mining Corp.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Korindo Transfers Urban Forest Management to Bogor Regency Government

Bogor, Indonesia, Feb 11, 2023 – (ACN Newswire) – After three years of planting and maintenance under Korindo Foundation's care, Pakansari Stadium's urban forest (or Pakansari City Forest) was finally handed over to the Bogor Regency Government at the beginning of February 2023.

Rows of Eucalyptus deglupta trees green the areas of Pakansari City Forest in Cibinong, Bogor Regency (West Java, Indonesia) [Image: Korindo]

Chairman of Korindo Foundation Robert Seung and Bogor acting regent Iwan Setiawan signed the handover plaque. [Image: Korindo]

Korindo Foundation Chairman Robert Seung performed the handing-over ceremony with Bogor's acting regent Iwan Setiawan, the handover fulfilling the region's dream of owning a lush urban forest. Pakansari City Forest is, in fact, the first wooded area to be established in Bogor Regency.

"Through the Green Collaboration program, Korindo Group and Foundation are committed to supporting government efforts that keep our country's natural environment and our beloved Earth sustainable," said Robert Seung in his opening speech.

This green space was actually a part of the regency government's masterplan, but for several reasons, its construction was put on hold. The project only saw the light in November 2019, when Korindo Foundation agreed to help out with the development.

And that's how the commitment to revitalize the land outside Pakansari Stadium began. Starting with 1,294 Eucalyptus deglupta saplings, the Foundation kept planting until a total of 1,800 trees were reached, adorning a two-hectare area that's sectioned into six planting zones.

For the next step, tree and land maintenance, local residents were given a chance to participate. Together with the Foundation, they conducted regular plant care that involved cutting weeds, cleaning up fallen branches, and pulling tangled weeds.

"After three years, I think we can all see how these seeds we planted have very much thrived and grown so large, making this place greener and much more pleasant to the eye. And from this forest, we can enjoy cleaner and fresher air," said Robert Seung.

About Korindo
Korindo Group (Korindo) was established in 1969, and consists of companies engaged in the field of natural resources, industrial paper manufacturing, heavy industry, logistics, finance, and property. As one of the major corporate groups in Indonesia, Korindo has contributed significantly to the nation's development in various ways. Visit https://www.korindonews.com, and watch the video www.korindo.co.id/group-profile/.

Through Korindo Foundation, we have a responsibility for building sustainable communities in various fields through our Corporate Social Contribution (CSC) programs. Our CSC activities focus on strategic, systematic and sustainable programs through 5 main program pillars, namely Education, Health, Economics, Environment, and Infrastructure. Learn more at https://korindofoundation.com.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Korindo Group Initiates First Rest Area with Bioconversion Facility in Indonesia

JAKARTA, Feb 7, 2023 – (ACN Newswire) – A bioconversion waste processing facility, which uses the black soldier fly (Hermetia illucens) as its biological agent, has opened at Cibubur Rest Area, Jakarta. The rest area is managed by Korindo Group subsidiary PT Bimaruna Marga Jaya and is the first in Indonesia to own a waste processing center. The center is designed to tackle daily waste issues in the Rest Area, by temporarily storing and preparing organic waste for recycling.

The ceremony served to introduce black soldier fly-based bioconversion technology, which is expected to resolve waste management challenges at other rest areas and public establishments. [Image: Korindo]

The Korindo Foundation and Forest For Life Indonesia Foundation (FFLI), together with the Public Works and Housing Ministry of Indonesia, launched the facility on Wednesday (Feb 1). With the stakeholders attending, the ceremony served to introduce black soldier fly-based bioconversion technology, which is expected to resolve waste management challenges at other rest stops and public establishments.

Made under the partnership of Korindo Foundation and FFLI Foundation, the plant can handle up to 1 ton of living waste per day. Cibubur Rest Area was picked as the project location, given its position as a waste source that needs urgent solutions. This conversion technique is also applicable to different types of waste sources like traditional markets, industrial zones, offices, and residential areas.

"Other than being environmentally beneficial, this facility can offer new economic opportunities. Profits gained from this project will be channeled into community and environmental empowerment programs," explained Robert Seung, chairman of Korindo Foundation. He wished the plant would reach the success of its predecessor, a similar plant with a 4 ton per day waste processing capacity in Lombok, West Nusa Tenggara.

That project was funded by the Korindo Foundation in 2017, with the FFLI teaming up with the local government to monitor its operation until today, one of Lombok's waste disposal prototypes. "These facilities won't be able to run properly without our collaboration with FFLI and support from the local government. That being the case, from the depths of our hearts, we want to thank all parties for the great teamwork," Robert said.

He went on to say that through the Foundation, businesses under Korindo Group had truly participated in efforts to bring back the balance in Indonesia's natural environment."Korindo Foundation has directly taken part in environmental preservation projects like Pakansari and Pondok Rajeg city forests and conservation activities in Papua. Through these breakthroughs, we strive to contribute to the local community and the environment,"

Head of FFLI Dr. Hadi Pasaribu said the plant did not only create a clean, healthy environment to be in and work out waste issues right at its source; it also provided protein, fat, and chitin, restored soil fertility, and played a role in mitigating climate change effects. "The more bioconversion plants we build, the bigger the benefits will be for our environment," he said.

Black soldier flies enthusiast Prof. Agus Pakpahan shared a similar sentiment. He pushed for additional bioconversion plants to be built, so waste wouldn't have to be brought into the landfill. This approach established a clean and healthy environment, provided benefits for nature, and created a circular economy.

Pakpahan revealed that around 60%-70% of landfill waste was organic, meaning that settling the issue upstream would simplify the entire waste management process. In his statement, he also touched on local people's waste dumping behavior, saying, "Each and every one of us should be able to take care of our own waste," said Pakpahan.

Bioconversion with black soldier flies is a biological approach to manmade environmental problems that bases itself on the notion that nature is created in harmony and balance. The technology offers a way out of excessive living waste. It is relatively safe for the surrounding area and community. Of all 800 fly species on earth, the black soldier fly stands out for its non-pathogenic nature and the absence of disease agents.

In this method, black soldier fly larvae decomposes organic waste generated from human activities. After that, the insects can be used as fish or chicken feed for their high amino acids and protein content. In the end, this process forms a circular economy that creates new economic prospects.

About Korindo
Korindo Group (Korindo) was established in 1969, and consists of companies engaged in the field of natural
resources, industrial paper manufacturing, heavy industry, logistics, finance, and property. As one of the major
corporate groups in Indonesia, Korindo has contributed significantly to the nation's development in various ways.
Visit https://www.korindonews.com, and watch the video www.korindo.co.id/group-profile/.

Through Korindo Foundation, we have a responsibility for building sustainable communities in various fields through our Corporate Social Contribution (CSC) programs. Our CSC activities focus on strategic, systematic and sustainable programs through 5 main program pillars, namely Education, Health, Economics, Environment, and Infrastructure. Learn more at https://korindofoundation.com.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Abraclean Launches Singapore’s First Recycled Glass Abrasive Plant

Singapore, Feb 6, 2023 – (ACN Newswire) – Minister for Sustainability and the Environment, Ms Grace Fu, inaugurated ABRABLAST Singapore's first recycled glass abrasive manufacturing plant in Abraclean (Asia Pacific) Pte Ltd at 46 Pioneer Sector 2, Singapore 628396. Present for the launch were Gurmit Singh, Chairman- Abraclean and Colonel (Ret) Lau Kee Siong- Director.

From (L) Xiang Xiang, MD-Abraclean Asia Pacific Pvt LTd, Gurmit Singh, Chairman, Abrablast, Minister Grace Fu and KS Lau, Director, Abraclean at the launch of Abrablast

ABRABLAST is a proprietary and a registered trademark in Singapore. Abraclean holds a General Waste Disposal Facility licence issued by the National Environment Agency (NEA), to receive, store, process or treat glass waste. The facility is licensed with a design capacity of 50 tonnes per day. We are a "Social Enterprise" moving towards building a Circular Economy.

Gurmit Singh, Chairman, Abraclean quips, "Sustainability is not just a vertical but also a horizontal layer that cuts across various industries. We are supporting Singapore's circular economy to ensure we recycle the glass and put it to use without harming Gaia (earth). We advocate for Singapore's Zero Waste Masterplan and believe this move will benefit the country such as contributing to raise recycling glass waste. We can process 40 tonnes daily, approximately 1,000 tonnes a month and 12,000 tonnes per year. This represents, about 16% of glass waste generated in Singapore. By recycling glass in this way, we will save on energy and reduce the carbon footprint. With a zero waste solution we further aspire to lower the landfill burden."

About Abraclean (Asia Pacific) Pte Ltd

Incepted in the year 2017, Abraclean is a one stop solution company for Blasting and Coating Services. We partner with International Brands of Protective coatings to meet the standards of industry. The company has considerable experience in blasting and coating, corrosion protection by providing proper surface preparation and utilizing various coatings. ABRABLAST represents our first step towards zero waste.

Bloomingdale PR Pte Ltd
Ganesh Somwanshi
+65 9779 1286
ganesh@bloomingdalepr.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

JE Cleantech (Nasdaq: JCSE) Takes Major Step towards Carbon Neutrality with the Installation of Solar PV Systems

SINGAPORE, Jan 31, 2023 – (ACN Newswire) – JE Cleantech Holdings Limited (Nasdaq: JCSE), (the "Company"), a Singapore-based cleantech company, today announced that the Company has completed the commissioning of solar photovoltaic systems installation at its facilities. The installation of the solar systems is one step further in the Company's efforts toward reducing the impact of its carbon footprint as aligned with its pledge to become carbon neutral by 2030.

The solar photovoltaic systems were installed in October last year and successfully connected today. The solar photovoltaic systems are expected to generate a total of approximately 205,000 kWhs per year, which will respectively cover 29 percent of the energy consumption for the facility manufacturing precision cleaning system and 10 percent of the total energy necessary for the operation of the facilities. Collectively, the implementation of the solar systems will generate an estimated savings of approximately 205,000 kWhs of electricity per year, or approximately SGD 77,000.00 per year for JE Cleantech. Utilization of electricity produced through solar energy is also critical to reducing the Company's dependence on electricity produced by the burning of fossil fuels.

As a leading manufacturer of precision cleaning systems in Singapore, JE Cleantech attaches great importance to its social responsibilities. The installation of solar systems at the Company's facility continues to demonstrate JE Cleantech's efforts towards reducing the impact of its carbon footprint by utilizing non-polluting solar energy as well as maintaining its sustainable growth. The Company plans to take a further step in expanding the coverage of its solar system to another facility, with an aim to increase the overall savings and to facilitate its sustainable goal.

Last year, Singapore committed to reducing emissions to around 60 million tonnes of carbon dioxide equivalent in 2030 and achieving net zero emissions by 2050. Along with this, the Government plans to meet 28% of its peak power demand from solar power by 2030. Solar energy is among the fastest-growing sources of new electric generation in Singapore and it is considered the main renewable energy focus by the Government. In line with this, JE Cleantech is sparing no efforts to support the Government and the local community along this journey.

Ms. Bee Yin Hong, CEO and Founder, JE Cleantech, said "We are proud to take one further step in fulfilling our social responsibilities and support the Government's 2050 net zero initiatives. The installation of solar systems is a milestone of JE Cleantech's support of nature conservation, pollution reduction, and climate change mitigation. This showcases JE Cleantech's ongoing commitment to prioritizing renewable efforts and ensuring a greener and more sustainable future for the community. Looking ahead, we will keep proactively committing to social responsibilities, striving for sustainable growth, and bringing sustainable returns to our shareholders and investors in the long run."

About JE Cleantech Holdings Limited

JE Cleantech Holdings Limited is based in Singapore and is principally engaged in (i) the sale of cleaning systems and other equipment; and (ii) the provision of centralized dishwashing and ancillary services. Through its subsidiary, JCS-Echigo Pte Ltd, the company designs, develops, manufactures, and sells cleaning systems for various industrial end-use applications primarily to customers in Singapore and Malaysia. Its cleaning systems are mainly designed for precision cleaning, with features such as particle filtration, ultrasonic or megasonic rinses with a wide range of frequencies, high pressure drying technology, high flow rate spray, and deionized water rinses, which are designed for effective removal of contaminants and to minimize particle generation and entrapment. The Company also has provided centralized dishwashing services, through its subsidiary, Hygieia Warewashing Pte Ltd, since 2013 and general cleaning services since 2015, both mainly for food and beverage establishments in Singapore. For more information about JE Cleantech, please visit our website: www.jecleantech.sg.

Disclaimer: Forward looking statements

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Forward-looking statements may be identified by such words or phrases as "should," "intends," "is subject to," "expects," "will," "continue," "anticipate," "estimated," "projected," "may," "I or we believe," "future prospects," "our strategy," or similar expressions. Forward-looking statements made in this press release that relate to our future contract revenues among other things involve known and unknown risks and uncertainties that may cause the actual results to differ materially from those expected and stated in this announcement. We undertake no obligation to update "forward-looking" statements.

For Media Enquiries and Investor Relations, please contact:
jcse@preciouscomms.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Gradiant 2022: A Watershed Year in Review

Singapore, Jan 19, 2023 – (ACN Newswire) – Prakash Govindan, COO and Co-Founder of Gradiant, a global solutions provider for advanced water and wastewater treatment, reflects upon the key highlights of the company in 2022.

“Despite the challenges faced in the global markets with COVID-19, inflation, and supply chain risks, 2022 was a breakout year for Gradiant,” Prakash remarks. “The consistent success is credited to the company’s proprietary technologies and integrated solutions that address a broad range of end-use applications for the world’s essential industries. Gradiant is serving a growing list of the top brands and manufacturers in the world with its mission-critical solutions for advanced manufacturing. We remain true to our roots as a technology company by continuing to rapidly translate R&D innovations into commercial solutions.”

Gradiant’s 2022 revenues have more than doubled from the prior year and is expected to double again in 2023 given the backlog of over $150 million USD in systems, service, and design-build-operate projects.

“We announced strategic acquisitions of WaterPark and Synauta this year. WaterPark is a Taiwan-based design and construction firm focused on water technologies for advanced manufacturing. The acquisition strengthens Gradiant’s portfolio of technologies and applications expertise in biological wastewater and unlocks Gradiant’s full range of solutions and global resources to WaterPark’s advanced industrial clients in semiconductor and microelectronics manufacturing.”

The May 2022 acquisition of Synauta, an artificial intelligence water technology company, accelerates Gradiant’s deployment of digital twin technology in water. Industrial clients are increasingly adopting machine learning AI for their water operations to address challenges of sustainability and cost pressures, business continuity, and regulatory compliance. Digital water is the area of greatest innovation potential in the global water industry, and Synauta bolsters Gradiant’s position as a technology leader in this space.

In September, Gradiant announced the appointment of Govind Alagappan as President. “Govind joins us from leadership roles at Evoqua and SUEZ Water technologies and brings us deep knowledge in sales & operational excellence in a global business. He has the perfect mix of skills and experience to lead Gradiant to the next level of transformative business growth.”

Gradiant announced a strategic partnership with SLB to deliver the sustainable production of battery-grade lithium compounds. “Our technologies will enable high levels of lithium concentration in a fraction of the time required by incumbent and competing methods, while also reducing carbon and water footprints and capital costs.”

The industry recognized Gradiant’s impact with a series of awards in 2022, including Global Water Intelligence’s”Water Technology Company of the Year” distinction and “Breakthrough Technology Company of the Year” for Synauta, as well as the International Desalination Association award for “Most Innovative Company“, and “A Great Place to Work” honors for Gradiant.

“Gradiant looks to 2023 for growth into new applications and geographies, and deep penetration into strategic markets. The company will expand capabilities and access-to-markets through strategic partnerships and acquisitions. Gradiant will continue to deploy its full technology stack to bring together industry-leading water treatment solutions with the power of AI to sustainably solve the world’s most important water challenges.”

About Gradiant

Gradiant is a global solutions provider for advanced water and wastewater treatment. With a full suite of differentiated and proprietary end-to-end solutions, powered by the top minds in water, Gradiant serves its clients’ mission-critical operations in the world’s essential industries. Gradiant was founded at the Massachusetts Institute of Technology (MIT) and is uniquely positioned to address the world’s increasing challenges created by industrialization, population growth, and water stress. Today, with over 525 employees, Gradiant operates from its global headquarters in Boston, regional headquarters and Global Innovation Center in Singapore, and offices across twelve countries. For more information, please visit www.gradiant.com.

Corporate Contact
Felix Wang
Gradiant, VP of Marketing
fwang@gradiant.com

Indonesia Palm Oil in Indian Market: Sustainable and Reliable

JAKARTA, Jan 17, 2023 – (ACN Newswire) – Over the past two years global vegetable oil markets have been upended by supply chain disruptions from COVID and the Russia-Ukraine conflict.

However, as commodity markets begin to settle into a 'new normal', it is apparent that the fundamentals of the market are returning. There are three key factors that will impact the market for suppliers and purchasers. They are: sustainability and certification; growth of the Indian market; and government policies that will facilitate trade between India and Indonesia.

Sustainability has been a driving force of the debate around palm oil in Western markets. However, that debate has been narrow, and focused almost entirely on deforestation. But properly understood, and for developing countries and emerging economies such as India and Indonesia, sustainability is broader in scope, encompassing social and economic concerns. These are encapsulated in the UN Sustainable Development Goals.

For producing and exporting countries, oil palm harvesting aligns with many of the SDGs, including providing stable food supply, employment, poverty reduction, and improved health outcomes.

At the same time, importing countries enjoy the benefit of a vegetable oil that is affordable, and contributes to reducing hunger and ensuring low-cost food at a time when global prices are high.

There is an additional facet to sustainability: sustainability certification. Indonesian Sustainable Palm Oil (ISPO) is Indonesia's mandatory certification system. It's an assurance for purchasers that palm oil has been produced according to Indonesia's laws and regulations. This includes: adherence to Indonesia's laws on forests and deforestation, which have seen a drop in deforestation rates to their lowest on record; adherence to international norms on labour, including minimum pay and conditions, and prohibitions on child and slave labour; and support for local communities.

Unlike voluntary certification systems, ISPO is mandatory for all oil palm growers, whether smallholders or large plantation owners. It gives a greater assurance to Indian purchasers that all Indonesian palm oil is sustainable and supports sustainable development.

This is particularly significant as the Indian market for vegetable oil – and palm oil – grows. India imports around 60% of all its vegetable oil. These imports are split across palm oil (60%), and soybean oil and sunflower (40%). India is already the world's largest importer of palm oil, representing 18% of the global palm oil trade.

Why are imports so high? As population has increased, agricultural production has not been able to keep up, particularly when crops like palm are incredibly productive.

Simply put: India is the largest market for palm.

Despite this, per capita consumption of vegetable oil in India is relatively low, which is the case with many developing countries. The Indian market for vegetable oil is going to increase in size alongside consumption more broadly. According to the OECD FAO Agricultural Outlook, India's vegetable oil consumption will grow 2.3 per cent per annum over the next decade, compared with flat consumption in the US and EU.

India's projected growth is significant in that it is the largest projected source of growth for global vegetable market.

This continues a growth trajectory that has taken place over the past decade. The growth in demand is positively correlated to increasing incomes, urbanisation and an associated dietary shift towards processed foods.

The Indian palm oil market itself is qualitatively different from many other markets. India generally imports crude palm oil and refines it in India, for sale as cooking oil. Unlike other large markets such as the EU, there is not a major biodiesel market in India; it is used almost entirely for cooking. A market such as the EU will use palm oil for manufactured food products. This adds to the price sensitive nature of the Indian market, where a significant percentage of household income is spent on cooking oil. A significant change in price will have an impact on household budgets. This is unlike the EU, where consumers will have little problem absorbing a small increase in the price of packaged food that uses palm oil.

The downstream processing that takes place in India is relatively small compared to the EU, but it nonetheless provides significant economic benefits in terms of value add.

One of the key issues facing India in the global political environment is reliability of supply. Indonesia's exports were subject to significant disruptions earlier in the year 2022, as price spikes caused chaos in Indonesia's domestic markets, eventually resulting in an export ban of some products from Indonesia.

However, Indonesia has undertaken policy changes to ensure exports are predictable and easily facilitated.

The effect of the policies that were present earlier in the year 2022 had eased off; this was exacerbated by changing domestic policies as the Indonesian government sought to balance the need for exports with maintaining low domestic prices for everyday consumers. The export ban, in place at mid of year 2022, assisted in stabilising domestic prices, but created a negative perception in export markets.

Now, the export levy that previously existed on palm oil has been reduced to zero and will remain that way into the short term at least. The country's domestic market obligation (DMO), which requires traders to put 30 per cent of their production into the domestic market, will be in place for the time being. It is, however, predictable. Any changes that will be made in the near future will likely benefit Indian importers. (BPDPKS)

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