news
Evoqua plans to go public
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voqua Water Technologies LLC has confidentially submitted a draft registration statement on Form S-1 with the US Securities and Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of its common stock. The number of shares to be offered and the price range for the proposed offering have yet to be determined. Formerly Siemens Water Technologies, Evoqua Water Technologies specializes in water and wastewater treatment products, systems and services for industrial and municipal customers. Private equity firm AEA Investors LP acquired Siemens Water Technologies in January 2014 and renamed the business Evoqua Water Technologies. Since then, Evoqua Water Technologies has made a number of acquisitions including ADI Systems, Delta Ultraviolet Corp, Environmental Treatment Systems Inc, Magneto Special Anodes BV, Neptune Benson Inc, Noble Water Technologies, Olson Irrigation Systems and VAF Filtration Systems.
For further information, visit www.evoqua.com
Emefcy and RWL Water merge and form Fluence
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mefcy Group Ltd and RWL Water LLC have completed their merger and formed Fluence Corp Ltd (see Filtration Industry Analyst, May 2017). Fluence has been established with the vision of becoming the leading global provider of fast-to-deploy decentralized and packaged water and wastewater treatment solutions. Headquartered in New York, Fluence has operating and regional entities located around the world, including the US, China, Australia, Mexico, Argentina, Brazil, Italy, France, Israel and Dubai. The company employs more than 300 water professionals. Henry Charrabé, president and CEO of RWL Water, and Philippe Laval, chief operating officer of RWL Water, have been appointed CEO and COO of Fluence, respectively. Eytan Levy, co-founder and CEO 16
Filtration Industry Analyst
of Emefcy, has been named Fluence’s president – Products & Innovation of Fluence, while Emefcy co-founder Ronen Schechter will serve as chief technology officer of Fluence. “The combination of complementary decentralized and packaged water and wastewater treatment options is paving the way for Fluence to emerge as the leading global provider of innovative water and wastewater solutions serving municipal, industrial and commercial markets,” said Charrabé. “The merger will substantially accelerate Emefcy’s deployment in China and other key markets while making significant operational and distribution gains,” said Richard Irving, executive chairman of Fluence. For further information, visit www.fluencecorp.com
De.mem establishes Singapore membrane production facility
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e.mem Ltd has opened a facility in Singapore to produce hollow fibre membranes and membrane modules for industrial and municipal wastewater projects. At the new facility, Singapore-based wastewater treatment company De.mem will produce its proprietary filtration technology – the low-pressure hollow fibre nanofiltration (NF) membrane which was developed at Nanyang Technological University, Singapore (NTU). The technology, which NTU exclusively licenced to De.mem in June 2016, is said to allow for lower operating cost and reduced investment relative to other water treatment technologies. The new De.mem facility located in Woodlands has the capacity to produce membranes as well as industry standard 4-inch and 8-inch membrane modules at volumes which are sufficient for small-scale commercial projects. It will also be possible to manufacture other types of hollow fibre membranes at the new site. De.mem is currently preparing for pilot testing at select customer sites ahead of planned commercial market launch of the technology later this year. “We are excited about starting our own membrane production so soon after the successful IPO of ourcompany,” said De.mem CEO Andreas Kroell.
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For further information, visit www.demembranes.com milestone,” said De.mem CEO Andreas Kroell.
July 2017