- Email: [email protected]
Xylem releases 2016 Sustainability Report
NEWS we see clear opportunities to accelerate our combined success and we look forward to joining the Repligen team.” For further information, visit www.repligen.com and www.spectrumlabs.com
HD Supply to divest Waterworks business
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orth American industrial distributor HD Supply Holdings Inc is selling its Waterworks business unit to private investment firm Clayton, Dubilier & Rice in a US$2.5 billion cash deal. The Waterworks business unit is a distributor of water, sewer, storm and fire protection products, including Flexstorm inlet filters. “After a detailed evaluation, we determined that a sale of our Waterworks business unit to Clayton, Dubilier & Rice is in the best interests of our Waterworks associates and HD Supply stockholders,” said Joe DeAngelo, HD Supply chairman, president and CEO. “This significant strategic transaction will further simplify and focus HD Supply on our highest value creation opportunities, accelerate debt reduction, create additional cash to enable next generation growth investments and innovation as well as return cash to HD Supply stockholders.” Goldman Sachs & Co LLC acted as financial advisor to HD Supply on the deal. For further information, visit www.hdsupply.com, www.hdswaterworks.com and www.cdr-inc.com
Biorem to market Tus-Material Group’s ultrafiltration membranes
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iorem Inc has entered into a strategic partnership with
June 2017
China’s Tus-Material Group to market their ultrafiltration membranes worldwide. Tus-Material Group’s ultrafiltration membranes are used in all aspects of water treatment, including filtration of surface water, pre-treatment of seawater for purification using reverse osmosis, and filtration of secondary effluents and industrial water streams for recycling. Tus-Material Group is a subsidiary of China’s TUS Holdings Group. The TUS Holdings Group represents a diverse set of companies engaged in the water, wastewater, solid waste and renewable energy sectors. “As the quality and quantity of clean water diminishes across the world, demand for ultrafiltration will continue to grow,” said Derek Webb, president and CEO of Biorem. “The global ultrafiltration market was estimated at US$3.3 billion in 2016, and with a robust 5 year compound annual growth rate (CAGR) of 6.9% is expected to hit US$4.6 billion in 2021. Biorem is in a unique position to leverage our competence, relationships and distribution networks to access the opportunities that this demand is creating.”
enabling sustainability to be effectively and seamlessly integrated into all we do,” said Patrick Decker, president and CEO of Xylem. “While we strive to reduce our own environmental footprint, we also are investing more than ever in research and development with a keen focus on smart technologies and integrated solutions that can help our customers manage their own operations more sustainably. These efforts – one customer at a time – enable us to help build more resilient communities around the globe.” Through Xylem Watermark, the company’s corporate citizenship initiative, Xylem employees logged more than 21 000 volunteer hours in water-related activities during 2016. In early June, following President Donald Trump’s decision to withdraw the US from the Paris climate agreement, Xylem issued a statement outlining its continued commitment to the agreement, and highlighting the need for practical solutions and innovative technologies.
For further information, visit www.biorem.biz and http://en.tusholdings.com
Xylem releases 2016 Sustainability Report
Pentair, Urban Organics open second indoor aquaponics farm in Minnesota
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P
ylem Inc’s recently published 2016 Sustainability Report details the water technology company’s progress against its five-year sustainability goals, which include reducing water use by 25% and greenhouse gas emission intensity and waste-to-landfill by 20%. Xylem has increased its vitality index goal - the percentage of sales from products launched in the past five years - from 25% to 30% by 2020, reflecting last year’s acquisition of Sensus. “At Xylem, our sustainability strategy is tied directly to our business strategy,
For further information, visit www.xylem.com
entair and Urban Organics are opening a new, 87 000 sq ft indoor aquaponics farm in St Paul, Minnesota, USA. The urban farm has the capacity to grow 275 000 pounds of fish and 475 000 pounds of organic produce annually. Using water filtration technology developed by Pentair, the Urban Organics system can decouple the fish water from the plant water. This allows Urban Organics to raise fish species in cold water with low nutrient levels, alongside plant species in warm water with high nutrient levels. Waste nutrients from the fish water are
Filtration Industry Analyst
3
HD Supply to divest Waterworks business
N
orth American industrial distributor HD Supply Holdings Inc is selling its Waterworks business unit to private investment firm Clayton, Dubilier & Rice in a US$2.5 billion cash deal. The Waterworks business unit is a distributor of water, sewer, storm and fire protection products, including Flexstorm inlet filters. “After a detailed evaluation, we determined that a sale of our Waterworks business unit to Clayton, Dubilier & Rice is in the best interests of our Waterworks associates and HD Supply stockholders,” said Joe DeAngelo, HD Supply chairman, president and CEO. “This significant strategic transaction will further simplify and focus HD Supply on our highest value creation opportunities, accelerate debt reduction, create additional cash to enable next generation growth investments and innovation as well as return cash to HD Supply stockholders.” Goldman Sachs & Co LLC acted as financial advisor to HD Supply on the deal. For further information, visit www.hdsupply.com, www.hdswaterworks.com and www.cdr-inc.com
Biorem to market Tus-Material Group’s ultrafiltration membranes
B
iorem Inc has entered into a strategic partnership with
June 2017
China’s Tus-Material Group to market their ultrafiltration membranes worldwide. Tus-Material Group’s ultrafiltration membranes are used in all aspects of water treatment, including filtration of surface water, pre-treatment of seawater for purification using reverse osmosis, and filtration of secondary effluents and industrial water streams for recycling. Tus-Material Group is a subsidiary of China’s TUS Holdings Group. The TUS Holdings Group represents a diverse set of companies engaged in the water, wastewater, solid waste and renewable energy sectors. “As the quality and quantity of clean water diminishes across the world, demand for ultrafiltration will continue to grow,” said Derek Webb, president and CEO of Biorem. “The global ultrafiltration market was estimated at US$3.3 billion in 2016, and with a robust 5 year compound annual growth rate (CAGR) of 6.9% is expected to hit US$4.6 billion in 2021. Biorem is in a unique position to leverage our competence, relationships and distribution networks to access the opportunities that this demand is creating.”
enabling sustainability to be effectively and seamlessly integrated into all we do,” said Patrick Decker, president and CEO of Xylem. “While we strive to reduce our own environmental footprint, we also are investing more than ever in research and development with a keen focus on smart technologies and integrated solutions that can help our customers manage their own operations more sustainably. These efforts – one customer at a time – enable us to help build more resilient communities around the globe.” Through Xylem Watermark, the company’s corporate citizenship initiative, Xylem employees logged more than 21 000 volunteer hours in water-related activities during 2016. In early June, following President Donald Trump’s decision to withdraw the US from the Paris climate agreement, Xylem issued a statement outlining its continued commitment to the agreement, and highlighting the need for practical solutions and innovative technologies.
For further information, visit www.biorem.biz and http://en.tusholdings.com
Xylem releases 2016 Sustainability Report
Pentair, Urban Organics open second indoor aquaponics farm in Minnesota
X
P
ylem Inc’s recently published 2016 Sustainability Report details the water technology company’s progress against its five-year sustainability goals, which include reducing water use by 25% and greenhouse gas emission intensity and waste-to-landfill by 20%. Xylem has increased its vitality index goal - the percentage of sales from products launched in the past five years - from 25% to 30% by 2020, reflecting last year’s acquisition of Sensus. “At Xylem, our sustainability strategy is tied directly to our business strategy,
For further information, visit www.xylem.com
entair and Urban Organics are opening a new, 87 000 sq ft indoor aquaponics farm in St Paul, Minnesota, USA. The urban farm has the capacity to grow 275 000 pounds of fish and 475 000 pounds of organic produce annually. Using water filtration technology developed by Pentair, the Urban Organics system can decouple the fish water from the plant water. This allows Urban Organics to raise fish species in cold water with low nutrient levels, alongside plant species in warm water with high nutrient levels. Waste nutrients from the fish water are
Filtration Industry Analyst
3