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Seprotech divests Envirosearch Operations
IN BRIEF/NEWS
In Brief UÊ Cummins Inc has launched a new sustainability website at the same time as releasing its 7th annual Sustainability Report. The website includes the published report and additional material about the company’s environmental initiatives. www.cummins.com/cmi/sustainability/ sustainWeb_index.html UÊ Ahlstrom is increasing prices on its filter media products for transportation filtration by up to 10%, as a result of the continued rise in raw materials prices. The price increase will affect filtration grades produced by Ahlstrom globally. www.ahlstrom.com UÊ ,iÀÊ >ÌiÀ>ÃÊÃÊÌÊ>ÀiÌÊImbrium Systems’ Jellyfish filtration system for fine sediment and SorbtiveFILTER for phosphorus removal. Rinker Materials is already the licencee in the US for Imbrium Systems’ Stormceptor, with over 5000 installations throughout New England and over 30 000 installations worldwide. www.imbriumsystems.com and www. rinker.com UÊ Peerless Mfg Co has entered into a manufacturing licence agreement with Texas-based CEFCO Global Clean Energy LLC to manufacture equipment and process units incorporating CEFCO’s aerodynamic reactor technology used in the selective capture and removal of NOx, SOx, CO2 and Hg, and the conversion of sequestered pollutants into high-grade end-products. “By adding the CEFCO technology to our Environmental Systems product offering, we have the potential to greatly enhance our overall capabilities, especially in solid fuel applications. This initiative correlates with our overall strategic growth plans which include addressing other pollutants, as well as enabling Peerless customers to economically meet current and future environmental air regulations. The CEFCO Process provides the end-user operator with a unique opportunity to have effective air emissions controls and a potential revenue stream from the sale of the converted captured pollutants,” said Peter Burlage, CEO of Peerless Mfg parent company PMFG Inc. www.peerlessmfg.com 6
Filtration Industry Analyst
“Today, water production from used water is an energy and water intensive process. Kemira will develop together with Nanyang Technological University an improved used water reclamation process with higher recovery rates. By contributing our vast experience in water treatment chemistry, we aim to work with NTU to produce more clean and usable water with less energy and waste. This R&D cooperation is designed to support Kemira’s Center of Water Efficiency Excellence launched in March 2010,” said Kaj Jansson, vice president, R&D and Technology, Kemira Oyj. “NTU’s Singapore Membrane Technology Centre (SMTC) is pleased to partner Kemira Corp, a leading global company in water treatment chemistry to develop more efficient and cost effective membrane desalination and reclamation technologies. As a leader in membrane technology research, SMTC is well placed to partner Kemira to develop novel water technologies that are not only efficient but also energy saving. These new technologies are expected to benefit countries like Singapore that are dependent on reclaimed and desalinated water sources. With complementary expertise, SMTC is confident that this collaboration will be a success and it will further advance NTU’s standing in water and environmental sustainability research,” said Prof Anthony Fane, director of SMTC at NTU. For further information, visit www.kemira.com and http://smtc.ntu.edu.sg
Seprotech divests Envirosearch Operations
C
anadian environmental technology company Seprotech Systems Inc has restructured its business and divested Envirosearch Operations (EOI) an operator of water and wastewater treatment plants in Ontario which Seprotech acquired last year. Martin Hauschild, president and CEO of Seprotech, said that the acquisition of EOI in January 2009 was based on defined opportunities to channel new equipment sales into Seprotech. “In light of the recession that continued through 2009, projected sales opportunities did not materialise, which in
turn resulted in a thorough re-evaluation of the acquisition,” said Hauschild. “Management concluded that at this time Seprotech requires a strengthened balance sheet and a disciplined concentration on its core business while it returns to its prerecession growth path,” added Hauschild. “Seprotech will maintain equivalent services by continuing to cooperate with EOI on joint business opportunities in Ontario that require plant operations as part of the client’s water treatment solution. In the meantime our parts and service business, including the military contracts with the Canadian government, has continued to generate steady base revenue flow to sustain the company while the equipment sales business fully recovers.” Seprotech paid C$100 000 at the close of the acquisition to cover management services for the operation of EOI and C$32 500 in interest payments to the vendor. The companies have agreed that the amounts paid to date by Seprotech will be retained by the recipients, and that EOI will be sold back to its previous owner for an amount equal to the unpaid balance of the original purchase price due by Seprotech plus the return to treasury of the 400 000 Seprotech shares that the vendor received as part of the original transaction. For further information, visit www.seprotech.com and www.envirosearchoperations.ca
Name change for Baden Technologies
B
aden Technologies Inc has changed its name to FSI Energy Services Inc. Richard Ball, president and CEO of FSI Energy Services, said the name change more closely aligns the company with its operating subsidiary, FSI International Services Ltd, and more accurately reflects its key product and service offerings. The company began trading under the new symbol FSI on Canada’s TSX Venture exchange on 23 July 2010. Through its wholly owned subsidiary FSI International Services Ltd, FSI Energy Services Inc specialises in customised filtration, filtration-related technologies and brine plants for the international and domestic energy, chemical and water treatment industries. For further information, visit www.fsi-international.com
July 2010
In Brief UÊ Cummins Inc has launched a new sustainability website at the same time as releasing its 7th annual Sustainability Report. The website includes the published report and additional material about the company’s environmental initiatives. www.cummins.com/cmi/sustainability/ sustainWeb_index.html UÊ Ahlstrom is increasing prices on its filter media products for transportation filtration by up to 10%, as a result of the continued rise in raw materials prices. The price increase will affect filtration grades produced by Ahlstrom globally. www.ahlstrom.com UÊ ,iÀÊ >ÌiÀ>ÃÊÃÊÌÊ>ÀiÌÊImbrium Systems’ Jellyfish filtration system for fine sediment and SorbtiveFILTER for phosphorus removal. Rinker Materials is already the licencee in the US for Imbrium Systems’ Stormceptor, with over 5000 installations throughout New England and over 30 000 installations worldwide. www.imbriumsystems.com and www. rinker.com UÊ Peerless Mfg Co has entered into a manufacturing licence agreement with Texas-based CEFCO Global Clean Energy LLC to manufacture equipment and process units incorporating CEFCO’s aerodynamic reactor technology used in the selective capture and removal of NOx, SOx, CO2 and Hg, and the conversion of sequestered pollutants into high-grade end-products. “By adding the CEFCO technology to our Environmental Systems product offering, we have the potential to greatly enhance our overall capabilities, especially in solid fuel applications. This initiative correlates with our overall strategic growth plans which include addressing other pollutants, as well as enabling Peerless customers to economically meet current and future environmental air regulations. The CEFCO Process provides the end-user operator with a unique opportunity to have effective air emissions controls and a potential revenue stream from the sale of the converted captured pollutants,” said Peter Burlage, CEO of Peerless Mfg parent company PMFG Inc. www.peerlessmfg.com 6
Filtration Industry Analyst
“Today, water production from used water is an energy and water intensive process. Kemira will develop together with Nanyang Technological University an improved used water reclamation process with higher recovery rates. By contributing our vast experience in water treatment chemistry, we aim to work with NTU to produce more clean and usable water with less energy and waste. This R&D cooperation is designed to support Kemira’s Center of Water Efficiency Excellence launched in March 2010,” said Kaj Jansson, vice president, R&D and Technology, Kemira Oyj. “NTU’s Singapore Membrane Technology Centre (SMTC) is pleased to partner Kemira Corp, a leading global company in water treatment chemistry to develop more efficient and cost effective membrane desalination and reclamation technologies. As a leader in membrane technology research, SMTC is well placed to partner Kemira to develop novel water technologies that are not only efficient but also energy saving. These new technologies are expected to benefit countries like Singapore that are dependent on reclaimed and desalinated water sources. With complementary expertise, SMTC is confident that this collaboration will be a success and it will further advance NTU’s standing in water and environmental sustainability research,” said Prof Anthony Fane, director of SMTC at NTU. For further information, visit www.kemira.com and http://smtc.ntu.edu.sg
Seprotech divests Envirosearch Operations
C
anadian environmental technology company Seprotech Systems Inc has restructured its business and divested Envirosearch Operations (EOI) an operator of water and wastewater treatment plants in Ontario which Seprotech acquired last year. Martin Hauschild, president and CEO of Seprotech, said that the acquisition of EOI in January 2009 was based on defined opportunities to channel new equipment sales into Seprotech. “In light of the recession that continued through 2009, projected sales opportunities did not materialise, which in
turn resulted in a thorough re-evaluation of the acquisition,” said Hauschild. “Management concluded that at this time Seprotech requires a strengthened balance sheet and a disciplined concentration on its core business while it returns to its prerecession growth path,” added Hauschild. “Seprotech will maintain equivalent services by continuing to cooperate with EOI on joint business opportunities in Ontario that require plant operations as part of the client’s water treatment solution. In the meantime our parts and service business, including the military contracts with the Canadian government, has continued to generate steady base revenue flow to sustain the company while the equipment sales business fully recovers.” Seprotech paid C$100 000 at the close of the acquisition to cover management services for the operation of EOI and C$32 500 in interest payments to the vendor. The companies have agreed that the amounts paid to date by Seprotech will be retained by the recipients, and that EOI will be sold back to its previous owner for an amount equal to the unpaid balance of the original purchase price due by Seprotech plus the return to treasury of the 400 000 Seprotech shares that the vendor received as part of the original transaction. For further information, visit www.seprotech.com and www.envirosearchoperations.ca
Name change for Baden Technologies
B
aden Technologies Inc has changed its name to FSI Energy Services Inc. Richard Ball, president and CEO of FSI Energy Services, said the name change more closely aligns the company with its operating subsidiary, FSI International Services Ltd, and more accurately reflects its key product and service offerings. The company began trading under the new symbol FSI on Canada’s TSX Venture exchange on 23 July 2010. Through its wholly owned subsidiary FSI International Services Ltd, FSI Energy Services Inc specialises in customised filtration, filtration-related technologies and brine plants for the international and domestic energy, chemical and water treatment industries. For further information, visit www.fsi-international.com
July 2010