Why has Future Consumer Limited (FCONSUMER) been underperforming recently - Free Investment Community

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“Singapore truly has become a global water hub,” said Shane Snyder, executive director of the Nanyang Environment & Water Research Institute at Singapore’sNanyang Technological University. “But as it stands, it imports approximately 40% of its water today. And with climate change, that water has become far less dependable.”

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“What we have become used to as reliable water, may quickly change — so we have to be prepared, we have to be thinking about the infrastructure in advance,” Snyder said. “There’s a big drive to become water independent — to control our own future — and that is largely dependent on the technologies we’re developing.”

One development: a small, black sponge called carbon fiber aerogel that the university says can clean waste water on a mass scale. The sponge absorbs 190 times its weight in waste, contaminants and microplastics.

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“We believe it’s potential impact is very big,” Stoltz said, adding that the product allows the company “to convert waste products to something of worth.”

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“We’re going with a no-frills approach because we’re looking at water as a basic problem and a basic commodity … and as a result, we needs basic technology to solve this problem,” Pong said. “We want people who are laymen— not specialists or engineers — to be able to pick up this product and intuitively know how to use it.”

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“We’ve been very blessed to have access to clean drinking water,” Pong said. “It’s a privilege that we should be able to bring forth to the rest of the region, and advocate that clean water is an essential aspect for life on earth.”

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