NEWS COMMENTARY

Antelope Water Management acquires membrane distillation expert KMX and expands its midstream business with Probitas merger

Published:
July 06, 2020
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The U.S. water midstream segment continued to grow through M&A in the first half of 2020. Antelope announced its merger with Probitas Water Solutions, establishing an operating subsidiary focused on water infrastructure in the Permian and Appalachian basins. It also acquired membrane distillation (MD) expert KMX, which offers hollow-fiber polymer-based pervaporation membranes for high-TDS brine treatment and solvent recovery. KMX is among the few MD players that have found traction in chemical solvent removal and recovery. The new management is expected to turn the technology toward challenging industrial waste streams and recovery of rare-earth elements (REEs) and lithium from mines, power generation, and oil and gas produced waters.

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