Benzinga | Sep 16, 2021 11:39AM EDT

Evoqua Water Technologies Enters Partnership With Ostara

* Evoqua Water Technologies Corp (NYSE:AQUA) has signed an exclusive agreement with Ostara Nutrient Recovery Technologies Inc.

* The collaboration will combine Ostara's process solutions for nutrient recovery with Evoqua's water and wastewater treatment solutions to help customers recover nutrients and convert them into valuable fertilizers.

* Evoqua will lead the sales and implementation of Ostara's nutrient recovery solutions into the North America and Western Europe markets.

* The partnership also expands the production and distribution reach of Ostara's sustainable phosphorus-based Crystal Green fertilizer.

* Price Action: AQUA shares are trading lower by 0.88% at $37.33 on the last check Thursday.