Calix Limited

Calix Limited

Calix eyes $20m ASX listing to scale sewer stink stopper

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Source: Calix Limited

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The company which stops Sydney's sewers from stinking too much is sniffing out an ASX listing in the next 12 months.

Calix made $3.6 million in 2016-17 selling a compound which it claims is neutralising sulphuric acid in 90 per cent of Sydney's wastewater pipes, not only stopping concrete corrosion but the production of gas which unchecked would 'stink unbearably', according to managing director Phil Hodgson.

Different applications of the compound are also balancing acidity in Filipino prawn farms, and stopping the spread of fungus and pests in Tasmanian tomato crops.

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