# Parason Machinery invests USD 3 million in wastewater treatment technology venture

Parason Machinery is investing USD 3 million to enter the wastewater treatment sector, collaborating with French and Taiwanese manufacturers. Commercial operations are expected to start in 2019.

- Type: Investment
- Announced: 2022-07-10
- Where: Hyderabad, India, India
- Value: $3.00M
- Starts operating: 2019
- Status: announced
- Products: wastewater treatment plants
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Parason Machinery](https://endata.com/companies/62152.md)

## Sources

- [thepulpandpapertimes.com](https://thepulpandpapertimes.com/news/parason-to-taste-the-pie-of-waste-water-treatment-technology-market-investing-usd-3-million-261), 2022-07-10: "We are foraying an investment of 3 Million USD in this venture and is expected to start the operation commercially from 2019's"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.