Savcor (SAV) (suspended) Melbourne’s monied Liberman family has...

Savcor (SAV) (suspended)
Melbourne’s monied Liberman family has emerged as a stakeholder in the pending backdoor listing of an Israeli-based water purification technology that aims to disrupt an industry that hasn’t evolved since the 1950s.
As with desalination, purifying effluent is energy intensive, accounting for 2 per cent of the world’s power generation.
Emefcy’s Sabre process aims to slash this usage by 90 per cent and to halve overall operating costs for such plants.
Emefcy — which is also backed by GE Ventures, European VC house Pond Ventures and Israel’s Office of the Chief Scientist — plans to relist Savcor after a raising of $13 million-$16m.
Sabre obviates the need for air bubbles to be forced into the effluent to kickstart the process. Instead, it uses a gentler “self aspiring” process to break down the matter using “natural ambient air flow”. And it doesn’t pong.
Having pilot tested Sabre on Israel’s only 18-hole golf course, Emefcy plans to target potential clients such as island nations dependent on diesel generation.
Emefcy chairman (and Pond co-founder) Richard Irving says the company abides by the “let green start with the greenbacks’’ philosophy. In other words, it’s not dependent on government subsidies. This one is well worth a look, given the calibre of the backers and a global investor thirst for water plays