Domnick Hunter makes £6.8M acquisition of Zander

Domnick Hunter makes £6.8M acquisition of Zander

News and Views B a l l a r d Power S y s t e m s ' s h a r e h o l d e r s , w h i c h will be s o u g h t a t the C o m p a n y ' s a n n u a l g e n...

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News and Views B a l l a r d Power S y s t e m s ' s h a r e h o l d e r s , w h i c h will be s o u g h t a t the C o m p a n y ' s a n n u a l g e n e r a l m e e t i n g o n May 29, 1997; s a t i s f a c t o r y c o m p l e t i o n of all formal a g r e e m e n t s b e t w e e n the c o m p a n i e s ; a n d the a p p r o v a l of r e g u l a t o r y a u t h o r i t i e s . F i n a l c o m p l e t i o n of the t r a n s a c t i o n is e x p e c t e d to o c c u r d u r i n g the third q u a r t e r of 1997. For f u r t h e r information contact: Ballard Power S y s t e m s Inc, .9000 Glenlyon Parkway, Burnaby, British Columbia, Canada. Tel: +1 604 454 0900;fax: +1 604 412 4700. Daimler-Benz AG, D-70546 Stuttgart, Germany. Tel: +49 711 17 9 3 3 0 7 ; f a x : +49 711 17 94365.

Rochem to provide fresh w a t e r at s e a R o c h e m S e p a r a t i o n S y s t e m s Ltd UK, h a s a n n o u n c e d a m a j o r n e w c o n t r a c t w o r t h i n excess of £ 1 0 0 , 0 0 0 to s u p p l y a n d c o m m i s s i o n two d e s a l i n a t i o n p l a n t s to S t e n a Drilling Ltd for t h e F a r E a s t - b a s e d rig, S t e n a Clyde, w h i c h is o p e r a t i n g offshore B r u n e i . T h e d e s a l i n a t i o n u n i t s will e a c h p r o d u c e 3 5 , 0 0 0 litres of p u r e w a t e r from s e a w a t e r e a c h d a y to provide d r i n k i n g w a t e r for the p e r s o n n e l a b o a r d the offshore rig. T h e p u r i t y of w a t e r t r e a t e d b y the reverse o s m o s i s e q u i p m e n t is s u c h t h a t it will also be s u i t a b l e for u s e in i n d u s t r i a l p r o c e s s e s on b o a r d . The d e s a l i n a t i o n u n i t s , k n o w n a s D i s c / T u b e u n i t s are m a d e u p of m o d u l e s c o m p r i s e d of a c o l u m n of discs i n t e r l e a v e d b y r o b u s t m e m b r a n e c u s h i o n s . The s y s t e m o p e r a t e s b y p a s s i n g s e a w a t e r or c o n t a m i n a t e d w a t e r t h r o u g h a feed c h a n n e l u n d e r c o n t r o l l e d high p r e s s u r e . As the s e a w a t e r p a s s e s over the m e m b r a n e s , the p u r i f i e d w a t e r is s e p a r a t e d from salt a n d o t h e r c o n t a m i n a t e s o n t h e b a s i s of m o l e c u l a r weight, r e s u l t i n g i n the flow of p u r e w a t e r a n d i m p u r i t i e s into two s e p a r a t e exit c h a n n e l s , o n e of d r i n k i n g w a t e r quality, the o t h e r of c o n c e n t r a t e d waste. O n c e it h a s b e e n i n s t a l l e d , R o c h e m staff will c o m m i s s i o n t h e u n i t s i n situ, t r a i n the rig staff i n how to o p e r a t e the e q u i p m e n t a n d e n s u r e t h a t it is r u n n i n g a t its o p t i m u m efficiency. Placed b y S t e n a Drilling s u b s i d i a r y , S t e n l o y a l Ltd, the o r d e r follows t h e s u c c e s s of a s i m i l a r i n s t a l l a t i o n a b o a r d Coflexip S t e n a Offshore vessel COS Apache. T h o u g h the two c o n t r a c t s are n o t directly c o n n e c t e d , the drilling i n d u s t r y is n o w b e c o m i n g a w a r e of the s a v i n g s , efficiency a n d e n v i r o n m e n t a l b e n e f i t s of reverse osmosis technology a n d an increasing n u m b e r of c o m p a n i e s i n this field are looking for p r a c t i c a l s o l u t i o n s to t h e i r d e s a l i n a t i o n a n d w a t e r p u r i f i c a t i o n needs. For f u r t h e r information contact: Rochem Separation S y s t e m s Ltd, W e n t w o r t h House, 4 Deighton Close, Wetherby, Leeds LS22 76Z, UK. Tel: +44 1937 588333; fax:+44 1937 588444.

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Kalsep give Armstrong a cleaner solution Kalsep Ltd, U.K., h a s s e c u r e d a £ 6 5 , 0 0 0 c o n t r a c t to s u p p l y a n Enviro-X filtration s y s t e m to A r m s t r o n g World I n d u s t r i e s Limited. T h e s y s t e m will be u s e d to recycle c l e a n i n g s o l u t i o n from a dye e f f l u e n t s t r e a m at a n average rate of 3 0 0 LPH. U s i n g hollow fibre p o l y e t h e r s u l p h o n e m e m b r a n e s , the E n v i r o - X s y s t e m r e m o v e s p a r t i c u l a t e m a t t e r a n d o t h e r c o n t a m i n a n t s from p r o c e s s w a t e r s to concentrate and reduce waste volumes. The liquid w a s t e is p u m p e d l o n g i t u d i n a l l y a l o n g the core of the hollow fibres, a n d the p e r m e a t e p a s s e s o u t t h r o u g h the fibre pores. T h e c l e a n i n g s o l u t i o n a n d a n y o t h e r solids, oils or g r e a s e s are rejected b y the m e m b r a n e a n d are r e t a i n e d w i t h i n the core of each hollow fibre r e a d y for disposal. For f u r t h e r information p l e a s e contact: Kalsep Ltd, I 0 Dorman Road, Yorktown Industrial Estate, Camberley, Surrey, GU15 3DF, UK. Tel: +44 01276 6 7 5 6 7 5 ; f a x +44 01276 676276,

Domnick Hunter makes £6.8M acquisition of Zander D o m n i c k H u n t e r G r o u p h a s a c q u i r e d the e n t i r e s h a r e capital of Z a n d e r A u f b e r e i t u n g s t e c h n i k G m b H (Zander) for a c o n s i d e r a t i o n of DM 1 6 . 5 m (£6. lm). Of this, DM 13.5m (£5.0m) will be satisfied i n c a s h a n d D M 3 . 0 m (£1.1m) will be satisfied by t h e i s s u e of 317, 713 o r d i n a r y s h a r e s i n D o m n i c k H u n t e r , a t £ 0 . 0 5 each. A p o s s i b l e f u r t h e r m a x i m u m c a s h p a y m e n t of DM 2 . 0 m (£0.7m) m a y be m a d e d e p e n d e n t u p o n the final level of Z a n d e r ' s a u d i t e d n e t a s s e t s . Z a n d e r s u p p l i e s c o m p r e s s e d air filters a n d dryers to c u s t o m e r s t h r o u g h o u t E u r o p e , a n d i n 1996 t h e s e m a r k e t s a c c o u n t e d for over 80% of the c o m p a n y ' s t u r n o v e r . In the y e a r e n d e d 31 D e c e m b e r 1996, Z a n d e r achieved a profit before tax of DM 1.6m (£0.6m) o n s a l e s of DM 3 4 . 9 m (£13.2m). At t h a t date n e t a s s e t s were w a r r a n t e d to be n o less t h a n DM 1.2m (£0.4m). For f u r t h e r information contact: Domnick Hunter Group plc, Durham Road, Birtley, Co. Durham, DH3 2SF, UK. Tel: +44 191 410 5 1 2 1 ; f a x : +44 191 410 8452.

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