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De.mem produces its first industrial standard membrane module
INDEX/NEWS
Filtration Company Index Ahlstrom-Munksjö Alfa Laval Andritz Atlas Copco BakerCorp BASF Calgon Carbon Ceco Environmental Citic Envirotech CP Environmental Danaher De.Mem De Nora Donaldson Emefcy Entegris Evoqua Water Technologies FLSmidth GE GE Water GEA Grundfos GUD Holdings Hydranautics Hy-Pro Indutrade ItN Nanovation ITT Koch Membrane Systems Lanxess LiqTech Mann+Hummel Merck Metso Micronics Modern Water Mogul Mycelx Technologies National Oilwell Varco Nederman Nirosoft Noble Water Technologies Oji Holdings OriginClear Outotec Pall Pall Filter Specialists Parker Hannifin Pentair Porvair RWL Water Sartorius Shaffer Products Siemens SnowPure Southern Filter Media Sulzer Summit Filter TechnipFMC Toyobo Tsukishima Kikai United Process Control Unitek Valmet Wärtsilä Watts Water Weir Xylem
14 3,14 14 4,14 6 14 5 5,12 8 12 8 2 16 5,15,16 1,12 9 13,16 12,13,14 4,14,15 13 14 5 14 12 16 14 12,14 5 13 5,14 4,13 3 14 4,9,12,14 12 5 4 13 5 10,14 1 16 15 13 14 12 12 12 2,5,10,12,14 7,14 1,12 11,14 3 14 4 12 14 3 11 14 14 12 1 14 14 14 14 5,14
Pentair to spin off US$2.1bn Electrical business
P
entair plc is planning to split into two separate, public companies, with a tax-free spinoff of its Electrical business to shareholders. The separation will create standalone Water and Electrical companies, both publicly-traded. The Water company, which had 2016 sales of around US$2.8 billion and will include the Filtration & Process, Flow Technologies and Aquatic & Environmental Systems business groups, will operate under the Pentair name. The as yet unnamed Electrical company will be home to Pentair’s Enclosures, Thermal Management and Electrical & Fastening Solutions groups. The Electrical business had sales of approximately US$2.1 billion in 2016. “We have built two strong, highperforming businesses with the operating acumen and culture to thrive as two independent companies,” said Randall Hogan, Pentair chairman and CEO. “Separating Water and Electrical to create two pure-play companies is the next logical step in the evolution of Pentair and is consistent with our strategy to continually enhance shareholder value. Both companies will have the focus, talent and flexibility to grow profitably, both organically and through acquisitions.” Hogan will retire as Pentair chairman and CEO when the separation is finalized, but will serve as chairman of Electrical. John Stauch, senior vice president and chief financial officer of Pentair, will be Water’s CEO, while Karl Frykman, president of Pentair’s Water segment, has been named Water’s chief operating officer. Pentair board member David Jones will become chairman of Water. Pentair expects to complete the separation during the second quarter of 2018. Days before the spin-off was announced, Pentair completed the sale of its Valves & Controls business to Emerson Electric Co in a US$3.15 billion deal (see Filtration Industry Analyst, August 2016).
For further information, visit www.pentair.com
2
Filtration Industry Analyst
De.mem produces its first industrial standard membrane module
S
ingapore-based wastewater treatment company De.mem Ltd has manufactured its first industrial-sized low-pressure hollow fibre nanofiltration (NF) membrane module in conjunction with Nanyang Technological University, Singapore (NTU Singapore). The module is a closed cylinder filled with NF membrane fibres. The NF membrane allows clean water to pass through the outside of the membranes while the dirt stays behind. The membrane module has been built at NTU Singapore, which exclusively licenced its low-pressure hollow fibre nanofiltration membrane technology to De.mem last June. De.mem plans to start producing the NF membrane at its new manufacturing facility in Singapore. Once production of the membrane is replicated, it will be pilot tested at selected customer sites. Full commercial launch of the technology is planned for later this year. “The production of this first industrial standard membrane module underlines the great partnership between our company and NTU’s Singapore Membrane Technology Center (SMTC), led by Professor Wang Rong and her team. It sets a strong example of successful technology transfer from research to industry,” said De.mem CEO Andreas Kroell. “We have moved exceptionally fast in getting this technology to the manufacturing stage within less than a year of signing the licence. We thank NTU and Professor Wang for their great support.” NTU Professor Wang Rong, chair of the School of Civil and Environmental Engineering and director of the Singapore Membrane Technology Centre, said: “This industrial-sized module is the result of a successful collaboration between NTU researchers and De.mem engineers. With commercialization in mind, we are now working closely to scale up the membrane fabrication process, which will provide a strong manufacturing foundation for our made-in-Singapore nanofiltration membranes.” De.mem has recently raised A$4.5 million in an initial public offering (IPO) on the
May 2017
NEWS Australian Securities Exchange (ASX) (see Filtration Industry Analyst, April 2017). For further information, visit www.demembranes.com and www.ntu.edu.sg
Alfa Laval forms Food & Water competence centre in Denmark
!
lfa Laval is transforming its manufacturing site in Søborg, $ENMARK INTO A &OOD 7ATER competence centre. Over the next 18 months, the Alfa Laval site in Søborg will shift its focus from manufacturing to sales, research & development and engineering and supply. Søborg will also have a new testing facility. By the end of this year, the company will have transferred the production of its Alfa Laval PureBallast ballast water treatment system to its plant in Aalborg, Denmark. The production of decanters will move to Alfa Laval’s facility in Krakow, Poland. This transfer, which should be completed during the fourth quarter of 2018, is expected to affect about 100 employees in Søborg. Alfa Laval says these changes are designed to strengthen the company’s global position within food and water and to further improve cost competitiveness by consolidating manufacturing to fewer sites in Europe. “Alfa Laval has invested and built two important global competence and test centres in Denmark; in Kolding – hygienic fluid handling to the food and pharmaceutical industry, and recently in Aalborg – a unique test and training centre for different products and applications to the marine industry. Based on the positive experiences and after a careful evaluation, Søborg was our first and natural choice for a Food & Water competence centre,” said Nish Patel, president of Alfa Laval’s Food & Water division. For further information, visit www.alfalaval.com
May 2017
Mann+Hummel sees 2016 sales rise 14% to E3.5bn
M
ann+Hummel increased its 2016 sales revenue by 14% to E3.48 billion, with earnings before interest, tax, depreciation and amortization %")4$! ALMOST UP ON TO E334.9 million. Negative currency effects and value adjustments on acquisitions impaired the filter company’s sales revenue and the result before interest and tax (EBIT) of E115.7 million. To ensure future profitable growth, Mann+Hummel is focusing on filtration, the company’s core technology. “Today we already develop and produce cutting edge technology for the health and mobility of people. Tomorrow we will also grow profitably more and more with filtration applications in areas which are outside of the automotive sector,” said Mann+Hummel CEO Alfred Weber. “The automotive and mechanical engineering industries are currently in a period of transition. The same is true for our business model. The drivers here are alternative transport solutions, digitalization and the growing importance of sustainability,” added Weber. In 2016 Mann+Hummel invested E126 million in R&D. According to Weber, the company plans to stay in the forefront of filtration, regardless of whether this is connected to the automotive sector, life sciences or environmental technology. Looking ahead, Weber says his company is well equipped to meet future challenges. “Mann+Hummel is financially sound and has a strong technological position. We know where we want to go and we are fit for the future.” In 2017 the Affinia Group will be consolidated for a full financial year for the first time. Weber expects group sales of around E3.8 billion in 2017 with an improvement in profitability.
Weber also sees strong opportunities in digital transformation and alternative drive systems. “The future belongs to clean, intelligent and connected machines and vehicles. This will lead to new business areas for our company,” said Weber. Mann+Hummel already has a wide range of filters for hybrid drives and will continue to expand its range of products for new applications and for the filtration of air and water. For further information, visit www.mann-hummel.com
Hadley Capital purchases Summit Filter and Shaffer Products
P
rivate equity firm Hadley Capital has bought US filter bag manufacturers Summit Filter Corp and Shaffer Products Inc. Summit Filter’s product line includes filter bags for air and gas filtration and centrifuge bags for liquid filtration. Markets include asphalt plants, steel mills and foundries, power plants, minerals processing, food, chemicals and refining, and pharmaceuticals. Shaffer Products sells a range of bags and related products for air and gas and liquid filtration for industries including pharmaceuticals, food, cosmetics and chemical processing. Both companies are based in Union, New Jersey. Hadley Capital invests in or acquires small, profitable businesses with revenue of US$5 million–US$30 million. Transact Capital Partners served as the exclusive financial advisor to Summit Filter and Shaffer Products.
For further information, visit www.summitfilter.com, www.shafferproducts.com, www.hadleycapital.com and www.TransactCapital.com
Filtration Industry Analyst
3
Filtration Company Index Ahlstrom-Munksjö Alfa Laval Andritz Atlas Copco BakerCorp BASF Calgon Carbon Ceco Environmental Citic Envirotech CP Environmental Danaher De.Mem De Nora Donaldson Emefcy Entegris Evoqua Water Technologies FLSmidth GE GE Water GEA Grundfos GUD Holdings Hydranautics Hy-Pro Indutrade ItN Nanovation ITT Koch Membrane Systems Lanxess LiqTech Mann+Hummel Merck Metso Micronics Modern Water Mogul Mycelx Technologies National Oilwell Varco Nederman Nirosoft Noble Water Technologies Oji Holdings OriginClear Outotec Pall Pall Filter Specialists Parker Hannifin Pentair Porvair RWL Water Sartorius Shaffer Products Siemens SnowPure Southern Filter Media Sulzer Summit Filter TechnipFMC Toyobo Tsukishima Kikai United Process Control Unitek Valmet Wärtsilä Watts Water Weir Xylem
14 3,14 14 4,14 6 14 5 5,12 8 12 8 2 16 5,15,16 1,12 9 13,16 12,13,14 4,14,15 13 14 5 14 12 16 14 12,14 5 13 5,14 4,13 3 14 4,9,12,14 12 5 4 13 5 10,14 1 16 15 13 14 12 12 12 2,5,10,12,14 7,14 1,12 11,14 3 14 4 12 14 3 11 14 14 12 1 14 14 14 14 5,14
Pentair to spin off US$2.1bn Electrical business
P
entair plc is planning to split into two separate, public companies, with a tax-free spinoff of its Electrical business to shareholders. The separation will create standalone Water and Electrical companies, both publicly-traded. The Water company, which had 2016 sales of around US$2.8 billion and will include the Filtration & Process, Flow Technologies and Aquatic & Environmental Systems business groups, will operate under the Pentair name. The as yet unnamed Electrical company will be home to Pentair’s Enclosures, Thermal Management and Electrical & Fastening Solutions groups. The Electrical business had sales of approximately US$2.1 billion in 2016. “We have built two strong, highperforming businesses with the operating acumen and culture to thrive as two independent companies,” said Randall Hogan, Pentair chairman and CEO. “Separating Water and Electrical to create two pure-play companies is the next logical step in the evolution of Pentair and is consistent with our strategy to continually enhance shareholder value. Both companies will have the focus, talent and flexibility to grow profitably, both organically and through acquisitions.” Hogan will retire as Pentair chairman and CEO when the separation is finalized, but will serve as chairman of Electrical. John Stauch, senior vice president and chief financial officer of Pentair, will be Water’s CEO, while Karl Frykman, president of Pentair’s Water segment, has been named Water’s chief operating officer. Pentair board member David Jones will become chairman of Water. Pentair expects to complete the separation during the second quarter of 2018. Days before the spin-off was announced, Pentair completed the sale of its Valves & Controls business to Emerson Electric Co in a US$3.15 billion deal (see Filtration Industry Analyst, August 2016).
For further information, visit www.pentair.com
2
Filtration Industry Analyst
De.mem produces its first industrial standard membrane module
S
ingapore-based wastewater treatment company De.mem Ltd has manufactured its first industrial-sized low-pressure hollow fibre nanofiltration (NF) membrane module in conjunction with Nanyang Technological University, Singapore (NTU Singapore). The module is a closed cylinder filled with NF membrane fibres. The NF membrane allows clean water to pass through the outside of the membranes while the dirt stays behind. The membrane module has been built at NTU Singapore, which exclusively licenced its low-pressure hollow fibre nanofiltration membrane technology to De.mem last June. De.mem plans to start producing the NF membrane at its new manufacturing facility in Singapore. Once production of the membrane is replicated, it will be pilot tested at selected customer sites. Full commercial launch of the technology is planned for later this year. “The production of this first industrial standard membrane module underlines the great partnership between our company and NTU’s Singapore Membrane Technology Center (SMTC), led by Professor Wang Rong and her team. It sets a strong example of successful technology transfer from research to industry,” said De.mem CEO Andreas Kroell. “We have moved exceptionally fast in getting this technology to the manufacturing stage within less than a year of signing the licence. We thank NTU and Professor Wang for their great support.” NTU Professor Wang Rong, chair of the School of Civil and Environmental Engineering and director of the Singapore Membrane Technology Centre, said: “This industrial-sized module is the result of a successful collaboration between NTU researchers and De.mem engineers. With commercialization in mind, we are now working closely to scale up the membrane fabrication process, which will provide a strong manufacturing foundation for our made-in-Singapore nanofiltration membranes.” De.mem has recently raised A$4.5 million in an initial public offering (IPO) on the
May 2017
NEWS Australian Securities Exchange (ASX) (see Filtration Industry Analyst, April 2017). For further information, visit www.demembranes.com and www.ntu.edu.sg
Alfa Laval forms Food & Water competence centre in Denmark
!
lfa Laval is transforming its manufacturing site in Søborg, $ENMARK INTO A &OOD 7ATER competence centre. Over the next 18 months, the Alfa Laval site in Søborg will shift its focus from manufacturing to sales, research & development and engineering and supply. Søborg will also have a new testing facility. By the end of this year, the company will have transferred the production of its Alfa Laval PureBallast ballast water treatment system to its plant in Aalborg, Denmark. The production of decanters will move to Alfa Laval’s facility in Krakow, Poland. This transfer, which should be completed during the fourth quarter of 2018, is expected to affect about 100 employees in Søborg. Alfa Laval says these changes are designed to strengthen the company’s global position within food and water and to further improve cost competitiveness by consolidating manufacturing to fewer sites in Europe. “Alfa Laval has invested and built two important global competence and test centres in Denmark; in Kolding – hygienic fluid handling to the food and pharmaceutical industry, and recently in Aalborg – a unique test and training centre for different products and applications to the marine industry. Based on the positive experiences and after a careful evaluation, Søborg was our first and natural choice for a Food & Water competence centre,” said Nish Patel, president of Alfa Laval’s Food & Water division. For further information, visit www.alfalaval.com
May 2017
Mann+Hummel sees 2016 sales rise 14% to E3.5bn
M
ann+Hummel increased its 2016 sales revenue by 14% to E3.48 billion, with earnings before interest, tax, depreciation and amortization %")4$! ALMOST UP ON TO E334.9 million. Negative currency effects and value adjustments on acquisitions impaired the filter company’s sales revenue and the result before interest and tax (EBIT) of E115.7 million. To ensure future profitable growth, Mann+Hummel is focusing on filtration, the company’s core technology. “Today we already develop and produce cutting edge technology for the health and mobility of people. Tomorrow we will also grow profitably more and more with filtration applications in areas which are outside of the automotive sector,” said Mann+Hummel CEO Alfred Weber. “The automotive and mechanical engineering industries are currently in a period of transition. The same is true for our business model. The drivers here are alternative transport solutions, digitalization and the growing importance of sustainability,” added Weber. In 2016 Mann+Hummel invested E126 million in R&D. According to Weber, the company plans to stay in the forefront of filtration, regardless of whether this is connected to the automotive sector, life sciences or environmental technology. Looking ahead, Weber says his company is well equipped to meet future challenges. “Mann+Hummel is financially sound and has a strong technological position. We know where we want to go and we are fit for the future.” In 2017 the Affinia Group will be consolidated for a full financial year for the first time. Weber expects group sales of around E3.8 billion in 2017 with an improvement in profitability.
Weber also sees strong opportunities in digital transformation and alternative drive systems. “The future belongs to clean, intelligent and connected machines and vehicles. This will lead to new business areas for our company,” said Weber. Mann+Hummel already has a wide range of filters for hybrid drives and will continue to expand its range of products for new applications and for the filtration of air and water. For further information, visit www.mann-hummel.com
Hadley Capital purchases Summit Filter and Shaffer Products
P
rivate equity firm Hadley Capital has bought US filter bag manufacturers Summit Filter Corp and Shaffer Products Inc. Summit Filter’s product line includes filter bags for air and gas filtration and centrifuge bags for liquid filtration. Markets include asphalt plants, steel mills and foundries, power plants, minerals processing, food, chemicals and refining, and pharmaceuticals. Shaffer Products sells a range of bags and related products for air and gas and liquid filtration for industries including pharmaceuticals, food, cosmetics and chemical processing. Both companies are based in Union, New Jersey. Hadley Capital invests in or acquires small, profitable businesses with revenue of US$5 million–US$30 million. Transact Capital Partners served as the exclusive financial advisor to Summit Filter and Shaffer Products.
For further information, visit www.summitfilter.com, www.shafferproducts.com, www.hadleycapital.com and www.TransactCapital.com
Filtration Industry Analyst
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