SciDev

What SciDev does

SciDev Limited (ASX: SDV) is an Australian public company that develops and supplies specialized chemistries and water treatment solutions for water-intensive industries. Founded in 2001 and headquartered in Kings Park, NSW, the company operates two service lines: Water Technologies, which designs and delivers permanent, mobile, and temporary treatment plants to remove contaminants (including PFAS) from groundwater, surface water, and industrial liquid waste; and Chemical Services, which develops, manufactures, and supplies upstream chemistries (stimulation, drilling, completion) for oil and gas operators and process chemistries for industrial clients, including proprietary products such as xSlik, CatChek, and ClariVie44. The company serves five primary verticals — Mining & Mineral Processing, Oil & Gas, Construction & Infrastructure, Remediation, and Water & Waste — with a roster of named enterprise and government customers that includes the U.S. Department of Defence, Western Harbour Tunnel, Woolworths, Lendlease, Sydney Gateway, and several Australian councils.

SciDev runs a sales-led, consultative go-to-market in which specialist scientists and engineers provide end-to-end support to enterprise clients; project contracts and ongoing chemical supply are the primary revenue mechanics. FY26 revenue is guided at A$82–A$87 million with underlying EBITDA of approximately A$4 million, following an H1 FY26 in which revenue declined 4% year-on-year to A$47.9M and EBITDA contracted 68% to A$1.1M, driven by oil & gas customer fracking schedule disruptions and a growing cost base. The company has expanded its oil & gas footprint across six major basins, secured U.S. Department of Defence contracts and a first commercial Permian Basin order (US$10M forecast), and recently won a A$19.5M water treatment contract for the Rum Jungle Rehabilitation Project. Management is restructuring the international water technologies business to a channel partner model targeting up to A$3M in annual savings from H2 FY26, while also launching a new Data Centre Cooling product line. The company is dual-listed on the ASX and Frankfurt Stock Exchange, with a Frankfurt market value of €41.86M and a historical footprint that includes the 2020 acquisition of Highland Fluid Technology and a 2021 capital raise of approximately A$14.87M.

Name

SciDev

Legal name

SciDev Limited

Website

https://scidev.com.au

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

51–100 employees

Short description

SciDev Limited (ASX: SDV) is an Australian industrial chemistry and water treatment company that develops proprietary chemistries and treatment systems for mining, oil & gas, construction, remediation, and water & waste clients. It generates revenue primarily through enterprise chemical supply and project-based water treatment contracts across Australia and the United States.

Ownership category

akta.pro rank

Product category

Industrial Water Treatment Services

NAICS

Chemical Manufacturing (325), Waste Treatment and Disposal (5622), Sewage Treatment Facilities (221320), Hazardous Waste Collection (562112)

SIC

Industrial Inorganic Chemicals (2810), Industrial Organic Chemicals (2860), Hazardous Waste Management (4955), Laboratory Analytical Instruments (3826)

akta.pro primary industry

Water Treatment & Process Specialty Chemicals (IMAEABAN)

akta.pro secondary industries

Industrial Wastewater Treatment Chemicals (IMAEAJAC), PFAS & Emerging Contaminants Removal (AFFF/Trace Organics) (EUANADAJ), PFAS Investigation & Remediation (BPALAKAJ), PFAS & Emerging Contaminants Treatment Services (IMAIAGAJ)

Keywords

• Industrial water treatment
• Specialty chemical manufacturing
• PFAS remediation solutions
• Oil and gas chemistry
• Mine water management

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Chemical Services: Development, manufacturing and supply of specialized chemistries including stimulation solutions, drilling solutions, completion solutions, and process chemistry for industrial clients. Revenue is generated through product sales with ongoing client relationships.
2. Water Treatment Solutions: Design and delivery of specialized water treatment solutions for contaminated sites. Includes permanent, mobile and temporary treatment solutions. Revenue recognized through project contracts.
3. International Water Technologies: Water technologies business being transitioned to a lower-cost channel partner model, expected to yield annual savings of up to $3 million from H2 FY26.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

SciDev develops and manufactures specialized chemistries (xSlik, CatChek, ClariVie44) and delivers water treatment solutions to remove harmful contaminants from groundwater, surface water, and industrial liquid waste. The company provides permanent, mobile, and temporary water treatment plants (PFAS treatment, ion exchange, water quality monitoring, data centre cooling) alongside upstream chemistry products for oil & gas stimulation, drilling, and completion, plus process chemistry for industrial applications.

Product overview

SciDev operates as a dual offering company combining water treatment technologies with chemical services. The Water Technologies division provides specialized solutions for PFAS treatment, ion exchange, water quality monitoring, and data centre cooling. The Chemical Services division develops and supplies upstream chemistry products including stimulation, drilling, and completion solutions for oil and gas operations, alongside process chemistry for industrial applications. Products include ClariVie44 flocculant, with offerings serving Mining, Oil & Gas, Construction & Infrastructure, Water Treatment, and Remediation sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Water Technologies Specialized water treatment solutions designed to remove harmful contaminants from groundwater, surface water, and industrial liquid waste, enabling water reuse or safe environmental discharge. Offered to enterprise clients across mining, oil & gas, construction & infrastructure, and remediation sectors.
• Chemical Services Development, manufacturing and supply of specialized chemistries for industrial clients, covering stimulation, drilling, completion, and process chemistry applications. Sells to upstream oil & gas operators, mining processors, and industrial process operators.
• Upstream Chemistry Chemical solutions for the upstream oil and gas sector covering stimulation, drilling, and completion operations. Sold to onshore oil & gas operators across major basins.
• Stimulation Solutions Chemical formulations for well stimulation designed to enhance oil and gas production rates. Sold to onshore oil & gas operators.
• Drilling Solutions Chemical products for drilling operations in oil and gas extraction, targeting onshore operators across multiple basins.
• Completion Solutions Chemical formulations for well completion operations in oil and gas, sold to onshore operators.
• Process Chemistry Chemical solutions for industrial processing applications. Sold to industrial clients across multiple sectors and reported record performance in H1 FY26.
• PFAS Treatment Water treatment solutions for removing per- and polyfluoroalkyl substances (PFAS) from contaminated water sources. Sold to government agencies, retail operators (e.g. Woolworths Moorebank), and remediation contractors addressing PFAS-affected sites.
• Ion Exchange Technology Ion exchange-based treatment technology specifically used for PFAS removal from groundwater and surface water. Offered to industrial and government clients with PFAS contamination.
• Data Centre Cooling Water treatment solutions specifically designed for cooling systems in data centre operations. Sold to data centre operators requiring high-purity cooling water management.
• Water Quality Monitoring Systems Monitoring systems for environmental compliance and water quality assessment. Sold to enterprise and government clients needing operational water quality oversight and regulatory reporting.
• ClariVie44 Proprietary flocculant product used in landfill wastewater treatment applications to remove solids and contaminants. Featured in the Victoria Landfill Wastewater Treatment project.

Quantifiable outcome

• 46% year-on-year increase in CatChek sales
• +4 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Thermax Limited: India-based diversified engineering company offering water and wastewater treatment solutions and process chemistries for industrial customers. Comparable in industrial water treatment chemicals and systems but serving primarily South Asian markets.

Direct peers

• Solenis: Global specialty chemicals manufacturer focused on water treatment and process chemistries for pulp & paper, mining, oil & gas, and industrial customers. Directly comparable in water treatment and process specialty chemicals offering with overlapping verticals (mining, oil & gas, industrial).
• Fluence Corporation: ASX-listed decentralized water and wastewater treatment solutions provider serving mining, municipal, and industrial customers. Directly comparable as an Australian-listed water technology company targeting overlapping end markets with project-based revenue models.
• Clean TeQ Water (now Aevolve / part of Sectors): Australian-headquartered water treatment technology provider with proprietary ion exchange and filtration solutions including PFAS removal capabilities. Directly comparable in PFAS treatment technology, ion exchange focus, and mining/water remediation customer base.

Broad incumbents

• Xylem: Global water technology company providing pumps, treatment systems, and analytics for municipal and industrial water applications. Comparable in water treatment system delivery, monitoring systems, and infrastructure project execution serving overlapping customer types.
• Veolia Water Technologies: Global leader in water treatment technologies and services serving municipal, industrial, and resource-sector customers. Comparable across SciDev's water treatment, PFAS remediation, and industrial process water offerings, but with vastly larger scale and broader portfolio.
• Clean Harbors: North American provider of hazardous waste management, environmental remediation, and industrial services. Comparable in PFAS-impacted site remediation and hazardous waste handling services, though at much larger scale and broader scope.
• Ecolab: Global provider of water treatment chemicals and process chemistries serving industrial, mining, oil & gas, and food & beverage customers. Comparable as a large incumbent in water-intensive industrial chemistry, particularly relevant for SciDev's mining and process chemistry exposure.
• Kurita Water Industries: Japanese global water treatment company providing specialty chemicals, treatment systems, and PFAS removal solutions for industrial and semiconductor customers. Comparable in water treatment specialty chemicals and ultrapure/process water technologies.

Emerging players

• Befesa: European environmental services company focused on recycling of hazardous industrial residues and emerging contaminants. Comparable in PFAS and emerging contaminants handling, with overlapping exposure to industrial waste and remediation projects.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/science-developments-pty-ltd

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SciDev