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All Penny News: Seychelle Environmental Reports Q2 Loss, However Guidance Positive with Return to Profitability Expected Soon


Mississauga, ON -- (SBWIRE) -- 10/17/2016 -- Media, Inc. ( announces its latest article titled "Seychelle Environmental Reports Q2 Loss, However Guidance Positive With Return To Profitability Expected Soon."

Companies mentioned in this article include Seychelle Environmental Technologies Inc. (OTCQB:SYEV).

Article Excerpt:

According to a report published on, the global demand for water treatment products was expected to reach nearly $60 billion in 2013. The market was expected to grow at a CAGR of 5.7% in that year, which is an impressive growth rate by any standards., citing a report from Freedonia Group, noted that developing markets such as China and India will see the fastest growth rate in the next few years. The increase in these countries will be driven by continued industrial expansion and ongoing efforts to expand access to safe water supplies and adequate sanitation facilities, specifically in rural areas. However, this does not mean that developed markets will not see any growth. According to the report, growth in developed markets is expected to be fairly robust mainly due to measures such as an improvement in drinking water quality, reduction in wastewater discharge and an increase in wastewater treatment and reutilization rates.

The outlook for water treatment market augurs well for Seychelle Environmental Technologies Inc. (OTCQB:SYEV), which is doing business as Seychelle Water Filtration Products. Based in Aliso Viejo, California, Seychelle Environmental Technologies is engaged in the design, assembling and distribution of ionic adsorption micron filters specifically for portable filter devices that remove approximately 99.99% of all pollutants and contaminants found in any fresh water source, as well as increase the alkalinity of the water between 8.0 and up to 9.5 pH.

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