Category: Pumping, piping & storage
-
ACWA Group hires new chief to drive Middle East growth
ACWA Group has appointed Fadey Kassim as chief officer of sales and strategy to drive growth in the Middle East, particularly in the municipal and industrial water reuse segment.
-
Water Planet introduces "revolutionary" new polymeric membranes
Water Planet has launched its new membrane filtration product, PolyCera, which it claims outpaces the current range of polymeric membranes, and costs less.
-
Evoqua and Neptune Benson together snap up Delta Ultraviolet
Evoqua Water Technologies together with Neptune Benson which it acquired in June, has bought ultraviolet C technology specialist Delta Ultraviolet.
-
Lanxess’s realignment bolsters Q2 ebitda, as sales decline
Specialty chemicals manufacturer Lanxess has reported net income down 13.8 per cent to E75 million in the second quarter of 2016, on sales that decreased by 7.7 per cent to E1.94 billion.
-
Consolidated Water Q2 figures reflect Mexico project costs
Consolidated Water has reported net income of $2.2 million for the second quarter of 2016, flat year-on-year, on revenues that rose by 6 per cent to $15.4 million.
-
Early stage German tech provider secures series A financing
German water technology provider Akvola has secured series A financing from a cabal of investors to support its next phase of growth through hiring new talent and driving sales.
-
Energy Recovery’s strong Q2 performance reflects desalination demand
Energy Recovery has reported net income of $500,000 for the second quarter of 2016, up from a $3.3 million loss in the comparable period 2015, driven partly by "strengthening demand in global desalination markets."
-
Utico Middle East seeks to expand desal capacity and market share in UAE
UAE company Utico Middle East is to invest $185 million to more than double its desalination capacity over two years, reports Reuters.
-
Sembcorp reports net profit drop citing "difficult" market conditions
Sembcorp Industries has reported a fall in net profit of 47 per cent to S$193.5 million ($144.2 million) for the first half of 2016. The decrease partly reflects a gain of S$54.7 million ($40.8 million) on selling UK water business Bournemouth Water in the first half of 2015, as well as a "difficult" current market…
-
Public utility markets support revenues at Xylem in Q2
Xylem has reported a fall in net income of five per cent to $71 million in the second quarter of 2016, reflecting debt refinancing costs and higher restructuring and realignment charges. Revenue was up one per cent to $932 million, helped by a robust public utility market globally, and particularly in the US.
