Tag: South Korea
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Bank lends US$ 22 million to Korean firm to fund Mexican desalination project
The North American Development Bank has provided a U$ 22 million loan to South Korean company GS Inima Environment which is building a US$ 48 million, 28.5 Ml/d reverse osmosis desalination plant in Ensenada, Mexico.
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POSCO claims desalination first in Korea
Korean construction company POSCO E&C has completed the construction of what it claims to be the nation’s first commercial seawater desalination plant.
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LG Chem seeks global player status in reverse osmosis membranes
South Korean petrochemicals company LG Chem has unveiled plans to become a global player in the market for reverse osmosis membranes for desalination.
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Doosan Heavy predicts more desalination wins as demand soars
Doosan Heavy Industries and Construction has predicted more desalination plant orders after the South Korean industrial giant won a U$1 billion order to build a desalination plant in Saudi Arabia – its single largest contract in nine months.
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Korean-led venture strikes Tunisian desalination plant deal
South Korean-owned, water treatment company GS Inima Environment has secured a €69.4 million ($93.9 million) deal to build a desalination plant in Tunisia.
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Woongjin America changes name to TCK Membrane America
Woongjin Chemical America Inc, which makes both spiral-wound and hollow-fibre desalination and water treatment membranes, has changed its name to TCK Membrane America Inc.
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NanoH2O confirms its acquisition by LG Chem
Desalination membrane manufacturer NanoH2O confirmed on 12 May 2014 the finalization of its sale to Korea’s LG Chem on 30 April 2014.
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Largest desalination plant produces its first water
Production of water has started at what will be the largest desalination facility in the world, the 1,025 million m³/d Ras al-Khair (Ras Azzour) seawater plant northwest of Jubail in Saudi Arabia.
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LG sees NanoH2O takeover as “new growth engine”
LG Chem, part of Korea’s LG electronics group, is proposing a takeover of desalination membrane maker NanoH2O for US$ 200 million, according to a filing made to the Korea Exchange on 14 March 2014.
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Sidem to build Kuwait’s Az-Zour MED desalination plant
A consortium of Hyundai Heavy Industries (HHI) of South Korea and Sidem, a subsidiary of Veolia Water Solutions & Technologies, has announced the signing on 12 December 2013 of a US$ 1.4 billion engineering, procurement and construction (EPC) contract with Shamal Az-Zour Al-Oula to build the first phase of the Az-Zour North Independent Water &…