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H2O Innovation treats water of La Tuque
industrial news Koch subsidiary acquires Puron Koch Membranes Systems subsidiary KMS International has acquired Puron Ag, an Aachen, Germany-based manufacturer of submerged hollow-fibre membrane modules for wastewater treatment. “The Puron technology will enable us to offer superior membrane modules in membrane bioreactors for municipal and industrial wastewater applications,” said David Koch, president of Koch Membrane Systems. “Our focus for the near future is to integrate this technology with our existing municipal and industrial water and wastewater treatment businesses. We are extremely delighted to have made this acquisition and are very optimistic about its contribution to Koch Membrane Systems’ capabilities.” Klaus Vossenkaul, a founder of Puron, added, “we believe we can best realise the potential for Puron’s technology as part of a company that is a membrane manufacturer and is fully committed to membrane technology and the markets it serves.” Puron will continue to be based in Aachen. • Koch Membrane Systems has been a membrane developer for more than 30 years. KMS International is a subsidiary of Koch Membrane Systems Inc based in the US.
H2O Innovation treats water of La Tuque H2O Innovation (2000) Inc has signed a contract worth C$346 000 (US$293 000) with the municipality of La Tuque, Québec, Canada, under which it will supply its NanH2Ofiltration nanofiltration treatment system for surface water treatment. The company says that it will carry out pilot tests on a full-scale basis. It claims that this is the first time it has been done in the province of Quebec. The delivery and activation of the system is scheduled for the end of 2004. According to H2O Innovation, the use of this treatment process will allow the municipality to meet new drinking water standards imposed by the Ministère de l'Environnement du Québec. “Membrane filtration will ensure safe drinking water, respect the standards imposed and provide a return on the investment for the population,” said Guy Goulet, H2O Innovation’s president and chief executive officer. The company will supply the membrane filtration equipment, and provide a diagnosis of the treatment process and specific technical support. In addition, it will provide training for the operators to ensure that the system satisfies the needs of the municipality. Ultra Pure Water Technologies, Inc (UPWT) has now completed the acquisition of ICEX Holdings, a US, Louisiana-based company that manufactures a proprietary ice production unit known as the “Ice Island” system. Under the previously announced terms of the agreement, UPWT has acquired 100% of the issued and outstanding shares of ICEX in exchange for shares of UPWT. The deal will see ICEX fit in well with UPWT’s products and services, which include the manufacture, sale, and rental of pure quality water purification equipment utilizing reverse osmosis filtration processes and water vending equipment. 4 December 2004
General Electric set to acquire Ionics GE Infrastructure, a business unit of General Electric, is to acquire water purification and wastewater treatment company Ionics Inc. The companies have signed an agreement covering GE's acquisition of Ionics in what is reported to be an all cash merger for US$44 per share, valuing the transaction at approximately $1.1 billion, plus the assumption of existing debt. Ionics will join GE Infrastructure's Water & Process Technologies business following the completion of the transaction. Bill Woodburn, president and chief executive officer of GE Infrastructure, said: “The combination of Ionics’ technology, project experience and services network with GE’s operating and project finance expertise will accelerate the development of technology solutions for the global water purification segment. We see significant revenue and cost synergies that will enable us to focus our resources on developing technologies that increase access to safe drinking water and provide industrial customers with greater access to ultrapure water sources.” Ionics’ chief executive officer, Doug Brown, added: “through this merger we create the opportunity to serve our industrial and municipal customers in new and exciting ways. Both GE and Ionics are focused on building the water services business. By combining our technology with GE’s, and by accessing GE’s financial expertise and world class international organization, we substantially enhance our ability to deliver our water purification services globally.” The merger is subject to the approval of the holders of at least two-thirds of Ionics outstanding common shares, usual government approvals and other customary conditions. It is expected to close during the first half of 2005. Certain Ionics stockholders, representing approximately 20% of the outstanding Ionics common stock, have agreed to vote their shares in favour of the transaction. • GE Infrastructure, described as “one of the newest growth engines” of the General Electric (GE) company, is introducing four new technologies to the Chinese market place. Among them is Merlin, a home water filtration system. GE claims that Merlin is the world’s first, continuous flow, reverse osmosis, water filtration system designed for the home. It fits under most kitchen sinks and reduces up to 95% of water contaminants found in traditional water supplies around the world. These four technologies are being introduced as part of GE Infrastructure’s “Futurescape of Technology,” and provide protection and productivity services for the home, and industrial and medical sector. • GE Infrastructure has also recently completed its acquisition of InVision Technologies, a supplier of explosives detection systems for US civil aviation security. InVision products, together with GE's trace detection products, create a comprehensive Homeland Protection platform, says the company. www.filtsep.com
H2O Innovation treats water of La Tuque H2O Innovation (2000) Inc has signed a contract worth C$346 000 (US$293 000) with the municipality of La Tuque, Québec, Canada, under which it will supply its NanH2Ofiltration nanofiltration treatment system for surface water treatment. The company says that it will carry out pilot tests on a full-scale basis. It claims that this is the first time it has been done in the province of Quebec. The delivery and activation of the system is scheduled for the end of 2004. According to H2O Innovation, the use of this treatment process will allow the municipality to meet new drinking water standards imposed by the Ministère de l'Environnement du Québec. “Membrane filtration will ensure safe drinking water, respect the standards imposed and provide a return on the investment for the population,” said Guy Goulet, H2O Innovation’s president and chief executive officer. The company will supply the membrane filtration equipment, and provide a diagnosis of the treatment process and specific technical support. In addition, it will provide training for the operators to ensure that the system satisfies the needs of the municipality. Ultra Pure Water Technologies, Inc (UPWT) has now completed the acquisition of ICEX Holdings, a US, Louisiana-based company that manufactures a proprietary ice production unit known as the “Ice Island” system. Under the previously announced terms of the agreement, UPWT has acquired 100% of the issued and outstanding shares of ICEX in exchange for shares of UPWT. The deal will see ICEX fit in well with UPWT’s products and services, which include the manufacture, sale, and rental of pure quality water purification equipment utilizing reverse osmosis filtration processes and water vending equipment. 4 December 2004
General Electric set to acquire Ionics GE Infrastructure, a business unit of General Electric, is to acquire water purification and wastewater treatment company Ionics Inc. The companies have signed an agreement covering GE's acquisition of Ionics in what is reported to be an all cash merger for US$44 per share, valuing the transaction at approximately $1.1 billion, plus the assumption of existing debt. Ionics will join GE Infrastructure's Water & Process Technologies business following the completion of the transaction. Bill Woodburn, president and chief executive officer of GE Infrastructure, said: “The combination of Ionics’ technology, project experience and services network with GE’s operating and project finance expertise will accelerate the development of technology solutions for the global water purification segment. We see significant revenue and cost synergies that will enable us to focus our resources on developing technologies that increase access to safe drinking water and provide industrial customers with greater access to ultrapure water sources.” Ionics’ chief executive officer, Doug Brown, added: “through this merger we create the opportunity to serve our industrial and municipal customers in new and exciting ways. Both GE and Ionics are focused on building the water services business. By combining our technology with GE’s, and by accessing GE’s financial expertise and world class international organization, we substantially enhance our ability to deliver our water purification services globally.” The merger is subject to the approval of the holders of at least two-thirds of Ionics outstanding common shares, usual government approvals and other customary conditions. It is expected to close during the first half of 2005. Certain Ionics stockholders, representing approximately 20% of the outstanding Ionics common stock, have agreed to vote their shares in favour of the transaction. • GE Infrastructure, described as “one of the newest growth engines” of the General Electric (GE) company, is introducing four new technologies to the Chinese market place. Among them is Merlin, a home water filtration system. GE claims that Merlin is the world’s first, continuous flow, reverse osmosis, water filtration system designed for the home. It fits under most kitchen sinks and reduces up to 95% of water contaminants found in traditional water supplies around the world. These four technologies are being introduced as part of GE Infrastructure’s “Futurescape of Technology,” and provide protection and productivity services for the home, and industrial and medical sector. • GE Infrastructure has also recently completed its acquisition of InVision Technologies, a supplier of explosives detection systems for US civil aviation security. InVision products, together with GE's trace detection products, create a comprehensive Homeland Protection platform, says the company. www.filtsep.com