RCS - Impax Environ Mkts - Update from Impax Environmental Markets

Impax Environmental MarketsAnnouncement

12/06/2024 11:30

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RNS Number : 1666S  Impax Environmental Markets PLC  12 June 2024

Impax Environmental Markets looks at addressing PFAS - Solutions to the
forever challenge

Impax believes the urgent need to detect, treat and destroy 'forever
chemicals' in the world's water is creating investment opportunities that are
broader and more valuable than many appreciate

 

Executive summary

Understanding of the potentially grave and lasting threats to public health
and biodiversity posed by 'forever chemicals' is driving public pressure,
regulation and litigation to reduce levels of PFAS in drinking water, rivers
and seas.

Technologies that enable the detection, treatment and disposal of PFAS are
evolving, with advanced solutions established in water testing and treatment
processes.

Government regulation and rising investment in solutions are creating
multi-decade opportunities for companies whose innovative products and
services can address the PFAS challenge.

Water quality issues only occasionally bubble to the surface of public debate.
Yet where they pose systemic risks to biodiversity and human health - and, by
extension, the global economy - they can no longer be overlooked.

Governments and regulators are increasingly paying attention to per- and
polyfluoroalkyl substances (PFAS), a family of thousands of synthetic organic
chemicals that have been widely used since the 1940s. These 'forever
chemicals' have an extremely broad spectrum of applications: from non-stick
pans to fire resistant foams, and from pesticides to sportswear. Yet the
chemical properties that make them so useful - their high stability and
resistance to oil and water - mean they are extremely resistant to
degradation.

The health risks associated with PFAS now drive a wave of regulation and
litigation that is restricting their future use and setting targets for much
lower levels in public drinking water. It is estimated that confronting the
PFAS issue will involve more than US$250bn in spending globally. We see this
already creating a tide of opportunities for companies whose products and
services can detect forever chemicals, remove them from treated water and
safely dispose of them.

Read the rest of this article here


 

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