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Hyflux to divest JV stake
NEWS/DIVIDENDS in high recovery membrane technologies specialising in the most difficult to treat and valuable waters. Focus markets for ULTURA include rare earths and mining, treatment of leachate from landfill sites, on-vessel grey/black water treatment and desalination for marine ecosystems, electro-coating for the automotive industry, food and dairy and advanced process separations for life sciences. Michael Froud, chief growth officer of ULTURA, said: “Our combined portfolio of products and services will allow us to pursue our vision of becoming the only truly full-service membrane technology company to specialise solely on the difficult-to-treat and valuable waters segment. With 2500+ installations worldwide, an established presence in the Americas and EMEA plus our growing Asia team based out of Singapore and Shanghai, we will provide our customers with one of the largest pools of dedicated expertise in the world.” ULTURA expects to shortly announce new product developments in functionalised membranes and new service offerings such as off-balance sheet funding of design-buildown-operate-maintain schemes. For further information, visit www.ulturawater.com
Hyflux to divest JV stake
Hyflux will continue to expand and develop integral membrane technology for applications across industries including industrial and municipal markets. Meanwhile Hyflux Consumer Products Pte Ltd (HCP) is also selling its 49% equity interest in sales and marketing company Marmon Hyflux Investments Pte Ltd to joint venture partner Marmon Water (Singapore) Pte Ltd. The divestment is part of the group’s ongoing rationalisation of partnerships. For further information, visit www.hyflux.com
Porvair Filtration produces first aerospace filters in the US
P
orvair Filtration Group’s production facility in Ashland, Virginia, USA is now manufacturing last chance filters for the aerospace industry, in order to cope with increased demand. The company has invested in and increased its capabilities at the Ashland manufacturing facility. Increased competences include resistance welding, fusion welding and the ability to meet stringent aerospace standards.
For further information, visit www.porvairfiltration.com
H
yflux Ltd has entered into an agreement to sell its 50% equity interest in Hyflux Marmon Development Pte Ltd to joint venture partner Marmon Water (Singapore) Pte Ltd for US$43.4 million. Hyflux Marmon Development Pte Ltd focuses on water treatment research and development, with an emphasis on combined membrane and media filtration. The technologies, which have been applied and integrated into a wide range of consumer applications, are non-integral to Hyflux’s realigned product focus and existing suite of consumer products.
March 2014
CECO Environmental signs Chinese sales alliance with Rehne Environmental
C
ECO Environmental Corp has formalised a sales cooperation agreement with Jiangsu Renhe Environmental Equipments Co Ltd. The two companies will focus on bringing
air pollution control technology solutions to the growing China market by leveraging product portfolios, fabrication bases and sales channels. UÊ / iÊ Pentair Ltd board of directors has Renhe Environmental specialises inapprove dust recommended that shareholders collector and filter a proposal at cartridge the 2014technology annual general products withtosales Shanghai, meeting pay locations quarterly incash dividends Guangzhou, Xi’an and Ha’erbin through the second quarter ofCity. 2015. The The new partnership target critical proposed dividend ofwill US$1.20 per share applications across industrialcapital would be madea range out ofof Pentair’s markets, such as general metals, in contribution reserve industry, to shareholders petrochemical, chemical,ofplastics, and quarterly instalments US$0.30 per share cement, andthird will and include CECO`s for the fourth quarters of 2014 FisherKlosterman Cyclones, Dual Scrubbers, and the first and second quarters of 2015. CECO Filtration and Flex-Kleen Dust per Pentair paid dividends of US$0.96 Collection share inTechnologies. 2013. If the dividend proposal is CECO Environmental CEO Jeff Langwill said approved, the 2014 dividend increase that mark Chinathe is a38th critical part of his consecutive yearcompany’s in which growth strategy. “Developing sales alliances Pentair has increased its dividend. Pentair’s and relationships companies like for Renhe annual generalwith meeting is scheduled 20 Environmental May 2014. is a great example of our strategic initiative in the region, and we are www.pentair.com glad to work Inc’s with regular such quality partners. We UÊ Clarcor quarterly dividend will continue to look ways to of US$0.17 perforshare of further common penetrate market in China stock the willdomestic be paid on 21 April 2014asto part shareholders of our multifaceted growth strategy,” of record on 7 April 2014. said Lang. www.clarcor.com UÊ CECO Environmental Corp’s board has approved quarterly dividend and of For further information, avisit www.cecoenviro.com US$0.05 per share, which will be paid www.rhfilter.com on 31 March 2014. www.cecoenviro.com UÊ Sulzer Ltd will pay an unchanged dividend of CHF3.20 per share for 2013 to shareholders. www.sulzer.com UÊ Metso Corp’s 2013 E1.00 per share dividend will be paid on 8 April 2014. www.metso.com UÊ ÀÊÌ iÊÓä£ÎÊv>V>ÊÞi>À]ÊNederman isephros proposing dividend of SEK4.00 Incaand Cantel Medicalper share. Corp’s Mar Cor Purification have www.nederman.com signed a non-exclusive distributor UÊ ÊCummins quarterly Nephros’s common stock agreement to Inc distribute cash dividend of US$0.625 per share was dialysis ultrafilters to US and paid on dialysis 3 March 2014 to shareholders of Canadian clinics. recordWeitnauer, on 21 February 2014.and CEO Curtis president www.cummins.com of Mar Cor Purification, said: “We are UÊ Donaldson Inc’s regular very excited aboutCo incorporating the cash dividend of US$0.14family per share was paid Nephros ultrafiltration of products on 7 March 2014. for hemodialysis water and bicarbonate www.donaldson.com concentrate into our product portfolio for
Dividends
Mar Cor Purification to distribute Nephros dialysis ultrafilters in US and Canada
N
Filtration Industry Analyst
3
Hyflux to divest JV stake
Hyflux will continue to expand and develop integral membrane technology for applications across industries including industrial and municipal markets. Meanwhile Hyflux Consumer Products Pte Ltd (HCP) is also selling its 49% equity interest in sales and marketing company Marmon Hyflux Investments Pte Ltd to joint venture partner Marmon Water (Singapore) Pte Ltd. The divestment is part of the group’s ongoing rationalisation of partnerships. For further information, visit www.hyflux.com
Porvair Filtration produces first aerospace filters in the US
P
orvair Filtration Group’s production facility in Ashland, Virginia, USA is now manufacturing last chance filters for the aerospace industry, in order to cope with increased demand. The company has invested in and increased its capabilities at the Ashland manufacturing facility. Increased competences include resistance welding, fusion welding and the ability to meet stringent aerospace standards.
For further information, visit www.porvairfiltration.com
H
yflux Ltd has entered into an agreement to sell its 50% equity interest in Hyflux Marmon Development Pte Ltd to joint venture partner Marmon Water (Singapore) Pte Ltd for US$43.4 million. Hyflux Marmon Development Pte Ltd focuses on water treatment research and development, with an emphasis on combined membrane and media filtration. The technologies, which have been applied and integrated into a wide range of consumer applications, are non-integral to Hyflux’s realigned product focus and existing suite of consumer products.
March 2014
CECO Environmental signs Chinese sales alliance with Rehne Environmental
C
ECO Environmental Corp has formalised a sales cooperation agreement with Jiangsu Renhe Environmental Equipments Co Ltd. The two companies will focus on bringing
air pollution control technology solutions to the growing China market by leveraging product portfolios, fabrication bases and sales channels. UÊ / iÊ Pentair Ltd board of directors has Renhe Environmental specialises inapprove dust recommended that shareholders collector and filter a proposal at cartridge the 2014technology annual general products withtosales Shanghai, meeting pay locations quarterly incash dividends Guangzhou, Xi’an and Ha’erbin through the second quarter ofCity. 2015. The The new partnership target critical proposed dividend ofwill US$1.20 per share applications across industrialcapital would be madea range out ofof Pentair’s markets, such as general metals, in contribution reserve industry, to shareholders petrochemical, chemical,ofplastics, and quarterly instalments US$0.30 per share cement, andthird will and include CECO`s for the fourth quarters of 2014 FisherKlosterman Cyclones, Dual Scrubbers, and the first and second quarters of 2015. CECO Filtration and Flex-Kleen Dust per Pentair paid dividends of US$0.96 Collection share inTechnologies. 2013. If the dividend proposal is CECO Environmental CEO Jeff Langwill said approved, the 2014 dividend increase that mark Chinathe is a38th critical part of his consecutive yearcompany’s in which growth strategy. “Developing sales alliances Pentair has increased its dividend. Pentair’s and relationships companies like for Renhe annual generalwith meeting is scheduled 20 Environmental May 2014. is a great example of our strategic initiative in the region, and we are www.pentair.com glad to work Inc’s with regular such quality partners. We UÊ Clarcor quarterly dividend will continue to look ways to of US$0.17 perforshare of further common penetrate market in China stock the willdomestic be paid on 21 April 2014asto part shareholders of our multifaceted growth strategy,” of record on 7 April 2014. said Lang. www.clarcor.com UÊ CECO Environmental Corp’s board has approved quarterly dividend and of For further information, avisit www.cecoenviro.com US$0.05 per share, which will be paid www.rhfilter.com on 31 March 2014. www.cecoenviro.com UÊ Sulzer Ltd will pay an unchanged dividend of CHF3.20 per share for 2013 to shareholders. www.sulzer.com UÊ Metso Corp’s 2013 E1.00 per share dividend will be paid on 8 April 2014. www.metso.com UÊ ÀÊÌ iÊÓä£ÎÊv>V>ÊÞi>À]ÊNederman isephros proposing dividend of SEK4.00 Incaand Cantel Medicalper share. Corp’s Mar Cor Purification have www.nederman.com signed a non-exclusive distributor UÊ ÊCummins quarterly Nephros’s common stock agreement to Inc distribute cash dividend of US$0.625 per share was dialysis ultrafilters to US and paid on dialysis 3 March 2014 to shareholders of Canadian clinics. recordWeitnauer, on 21 February 2014.and CEO Curtis president www.cummins.com of Mar Cor Purification, said: “We are UÊ Donaldson Inc’s regular very excited aboutCo incorporating the cash dividend of US$0.14family per share was paid Nephros ultrafiltration of products on 7 March 2014. for hemodialysis water and bicarbonate www.donaldson.com concentrate into our product portfolio for
Dividends
Mar Cor Purification to distribute Nephros dialysis ultrafilters in US and Canada
N
Filtration Industry Analyst
3