Oil Industry Produced Water Treatment Firm Messaben Completes Two New Acquisitions and Opening of Satellite Offices

Search to Find Houston, TX Location for Main Headquarters Has Begun.

NEW YORK, NY / ACCESSWIRE / July 2, 2022 / Messaben, Corp. (Messaben), (OTC PINK:MSBN) a company focused on creating sustainable solutions by recycling produced frack flow back and waste water for primarily the energy and oil and gas sectors, in addition to multiple other industries, today announces that have entered into a 100% acquisition agreement with THEMARK CORPORATION LLC ("TMC") and its subsidiary RECYCLEAN CONSULTANCY SERVICES INC ("RECYCLEAN") registered in TEXAS, USA. Both companies specialize in environmentally innovative electrochemical process designs of chemical engineering solutions. The full acquisition of TMC & RECYCLEAN increases Messaben's capability for water reuse. This allows them to reduce and/or eliminate the discharge of untreated effluent in water bodies which can lead to eutrophication, human health risks, and can also contributes significantly to Greenhouse Gas (GHG) emissions.

"The combination of TMC & RECYCLEAN capabilities with the patented technology of Hydro-Pod™, a strategic scalable, low cost, fully automated, low energy water management solution. This reduces the demand for water, a precious natural resource, by cleaning it for reuse. It allows conventional and unconventional hydrocarbon production to move into previously restricted areas, whether there is fracking flow back or produced water, "explained Rami Bakir, president of Messaben Corp., "We expect these investments to result in greater accessibility to unlimited applications in the mining, energy, and industrial sectors. Messaben will continue developing the technology to further niche and scalable capabilities."

Foto: Accesswire

Messaben also announces the opening of three satellite offices. The offices are in Dubai/UAE, New York/USA and Charlottetown/ Atlantic Canada. Each office will provide their territory with a full complement of corporate services covering the treatment and recycling services offered by the company in the oil and gas sector, as well as the mining, power plants, textile, dairy, and other industries.

Messaben is in the process of identifying a location for their world headquarters in Houston, TX. A headquarters in Houston would be a central location for the Company, as the technology is patented in US. More than 60% of the world's Produced water management market in concentrated in North America, estimated in 2020 over $53 billion annually. The Northern American Market has prioritized alleviating water challenges and water stresses, driven by the factors of environmental and governmental regulation, water scarcity, and pollution mitigation incentives. Messaben's technology plays a role in dramatically reducing hauling, disposal, and transportation of waste, produced, and frack flowback water. It also offers the secondary effect of lowering carbon emissions where pumping and transportation will be avoided.