- Email: [email protected]
Danica Pension invests millions in Aquaporin
membrane
TECHNOLOGY
ISSN 0958-2118 March 2015
www.membrane-technology.com
Danica Pension invests millions in Aquaporin
I
n Denmark, Danica Pension A/s is investing millions in cleantech company Aquaporin A/s as part of the pension provider’s focus on direct investments in healthy and well-run companies. ‘We are excited about this opportunity to invest in a well-run business as part of our strategy to invest double-digit billion Danish Krone directly in businesses in Denmark and other Nordic countries in the coming years. We all know that clean water is a scarce resource,’ said Lars Thørs, head of risk assets at Danica Pension. He continued: ‘Aquaporin’s huge growth potential is driven by growing global demand for clean water, coupled with a thoroughly tested product that requires a limited amount of material and is easily integrated into existing products. We are making this investment because we are confident that it will add value to our customer’s savings. This is what motivates us to seek out investments with the highest and most secure returns.’ Aquaporin was founded in 2005. It currently has 36 employees and is managed by CEO Peter Holme Jensen. Jensen commented: ‘The world’s population is expected to exceed nine billion in 2050, and two-thirds of the population will be living in the major cities. This helps to illustrate the importance of being able to supply clean drinking water to a population expected to grow by 35% over the next 35 years.’
‘Our mission is to develop and produce a membrane that is capable of separating and purifying water from all other compounds. With Danica Pension’s investment we are now backed by a strong investor, which represents a seal of approval and enables us to concentrate on what we do best. We are therefore excited about this new arrangement which, we expect, will have excellent benefits for both parties.’ Thørs continued: ‘Taking a minority stake in Aquaporin is consistent with our strategy of providing capital for healthy businesses with strong management. Aquaporin’s potential is further underpinned by the partnership it has entered into with two Chinese companies (see Membrane Technology December 2014, page 1) that we believe will contribute expertise and in-depth knowledge of the world’s largest market and its rapidly growing demand for water and water purification products. We see great potential in our investment, and the unique technology and low material costs help reduce the risk of loss.’ Contacts: Aquaporin A/s, Ole Maaløes Vej 3, DK-2200 Copenhagen N, Denmark. Tel: +45 82 30 3082, www.aquaporin.dk Danica Pension A/s, Parallelvej 17, Kgs. Lyngby 2800, Denmark. Tel: +45 70 11 25 25, www.danicapension.dk
Contents News Danica Pension invests millions in Aquaporin Cantel Medical acquires Pure Water Solutions
1 1, 16
Conference focuses on new horizons for the development of desalination
2
LG NanoH2O introduces Q+ Version 2.3
2
H2O Innovation announces new contracts worth C$14 million
2
System for solar water purification uses RO technology
3
Aqualyng company ICES acquires Hatch Water Services
4
Desalination innovator highlights completion of first commercial year
4
Entegris reports strong results for its fourth quarter and fiscal year
4
EOR and wet-scrubber wastewater projects use SiC membranes
5
Osmoflo moves into the Oman market
5
Water treatment platform is compact, flexible and configured easily
6
Chromocult Coliform Agar established as a basis for new standard
6
Beverage stabilisation is optimised by Porvair Filtration’s Stabifil
6
BP Ventures invests in Saltworks Technologies
16
Features Electrodialysis shows potential for desalination of highly saline water
7
Cantel Medical acquires Pure Water Solutions
IBM technology supports water quality and management services
8
C
Nano-structured membranes developed to filter wastewater produced by fracking
9
antel Medical Corp, which provides infection prevention and control products, and water-treatment systems and hollow-fibre membrane technologies, has acquired the assets of Pure Water Solutions Inc for a purchase price of $11.9 million in cash consideration. It says the move further enhances its national water purification and filtration geographic footprint in Southeastern USA.
Based in Ridgeland, Mississippi, the acquired company provides water purification and treatment services for commercial and industrial, laboratory and medical customers from eight regional offices throughout Southeastern USA. Curtis Weitnauer, President and CEO, Mar Cor Purification Inc, a wholly-owned subsidiary of Cantel Medical, stated: ‘Adding the Pure Water Solutions business and its strategic Continued on page 16...
Regulars In Brief
3&5
Research Trends
10
Patents
12
Events Calendar
16
ISSN 0958-2118/15 © 2015 Elsevier Ltd. All rights reserved This journal and the individual contributions contained in it are protected under copyright by Elsevier Ltd, and the following terms and conditions apply to their use: Photocopying Single photocopies of single articles may be made for personal use as allowed by national copyright laws. Permission of the publisher and payment of a fee is required for all other photocopying, including multiple or systematic copying, copying for advertising or promotional purposes, resale, and all forms of document delivery. Special rates are available for educational institutions that wish to make photocopies for non-profit educational classroom use.
TECHNOLOGY
ISSN 0958-2118 March 2015
www.membrane-technology.com
Danica Pension invests millions in Aquaporin
I
n Denmark, Danica Pension A/s is investing millions in cleantech company Aquaporin A/s as part of the pension provider’s focus on direct investments in healthy and well-run companies. ‘We are excited about this opportunity to invest in a well-run business as part of our strategy to invest double-digit billion Danish Krone directly in businesses in Denmark and other Nordic countries in the coming years. We all know that clean water is a scarce resource,’ said Lars Thørs, head of risk assets at Danica Pension. He continued: ‘Aquaporin’s huge growth potential is driven by growing global demand for clean water, coupled with a thoroughly tested product that requires a limited amount of material and is easily integrated into existing products. We are making this investment because we are confident that it will add value to our customer’s savings. This is what motivates us to seek out investments with the highest and most secure returns.’ Aquaporin was founded in 2005. It currently has 36 employees and is managed by CEO Peter Holme Jensen. Jensen commented: ‘The world’s population is expected to exceed nine billion in 2050, and two-thirds of the population will be living in the major cities. This helps to illustrate the importance of being able to supply clean drinking water to a population expected to grow by 35% over the next 35 years.’
‘Our mission is to develop and produce a membrane that is capable of separating and purifying water from all other compounds. With Danica Pension’s investment we are now backed by a strong investor, which represents a seal of approval and enables us to concentrate on what we do best. We are therefore excited about this new arrangement which, we expect, will have excellent benefits for both parties.’ Thørs continued: ‘Taking a minority stake in Aquaporin is consistent with our strategy of providing capital for healthy businesses with strong management. Aquaporin’s potential is further underpinned by the partnership it has entered into with two Chinese companies (see Membrane Technology December 2014, page 1) that we believe will contribute expertise and in-depth knowledge of the world’s largest market and its rapidly growing demand for water and water purification products. We see great potential in our investment, and the unique technology and low material costs help reduce the risk of loss.’ Contacts: Aquaporin A/s, Ole Maaløes Vej 3, DK-2200 Copenhagen N, Denmark. Tel: +45 82 30 3082, www.aquaporin.dk Danica Pension A/s, Parallelvej 17, Kgs. Lyngby 2800, Denmark. Tel: +45 70 11 25 25, www.danicapension.dk
Contents News Danica Pension invests millions in Aquaporin Cantel Medical acquires Pure Water Solutions
1 1, 16
Conference focuses on new horizons for the development of desalination
2
LG NanoH2O introduces Q+ Version 2.3
2
H2O Innovation announces new contracts worth C$14 million
2
System for solar water purification uses RO technology
3
Aqualyng company ICES acquires Hatch Water Services
4
Desalination innovator highlights completion of first commercial year
4
Entegris reports strong results for its fourth quarter and fiscal year
4
EOR and wet-scrubber wastewater projects use SiC membranes
5
Osmoflo moves into the Oman market
5
Water treatment platform is compact, flexible and configured easily
6
Chromocult Coliform Agar established as a basis for new standard
6
Beverage stabilisation is optimised by Porvair Filtration’s Stabifil
6
BP Ventures invests in Saltworks Technologies
16
Features Electrodialysis shows potential for desalination of highly saline water
7
Cantel Medical acquires Pure Water Solutions
IBM technology supports water quality and management services
8
C
Nano-structured membranes developed to filter wastewater produced by fracking
9
antel Medical Corp, which provides infection prevention and control products, and water-treatment systems and hollow-fibre membrane technologies, has acquired the assets of Pure Water Solutions Inc for a purchase price of $11.9 million in cash consideration. It says the move further enhances its national water purification and filtration geographic footprint in Southeastern USA.
Based in Ridgeland, Mississippi, the acquired company provides water purification and treatment services for commercial and industrial, laboratory and medical customers from eight regional offices throughout Southeastern USA. Curtis Weitnauer, President and CEO, Mar Cor Purification Inc, a wholly-owned subsidiary of Cantel Medical, stated: ‘Adding the Pure Water Solutions business and its strategic Continued on page 16...
Regulars In Brief
3&5
Research Trends
10
Patents
12
Events Calendar
16
ISSN 0958-2118/15 © 2015 Elsevier Ltd. All rights reserved This journal and the individual contributions contained in it are protected under copyright by Elsevier Ltd, and the following terms and conditions apply to their use: Photocopying Single photocopies of single articles may be made for personal use as allowed by national copyright laws. Permission of the publisher and payment of a fee is required for all other photocopying, including multiple or systematic copying, copying for advertising or promotional purposes, resale, and all forms of document delivery. Special rates are available for educational institutions that wish to make photocopies for non-profit educational classroom use.