Krauss-Maffei finds new home in the USA

Krauss-Maffei finds new home in the USA

issue.qxd 03/04/2003 12:01 Page 16 Filtration Industry Analyst NEWS KRAUSS-MAFFEI FINDS NEW HOME IN THE USA Krauss-Maffei Process Technology is ...

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issue.qxd

03/04/2003

12:01

Page 16

Filtration Industry Analyst

NEWS

KRAUSS-MAFFEI FINDS NEW HOME IN THE USA Krauss-Maffei Process Technology is investing US$2 million in a new facility in Kentucky for its US subsidiary, Krauss-Maffei Process Technology Inc USA. The new site will provide the necessary space for expansion. When finished, the main building will provide 15 000 ft2 (about 1400 m2) of space for centrifuge and dryer assembly, a repair shop and spare parts stock, served by cranes with up to 20-ton capacity. There will also be a separate 3000 ft2 laboratory for wet and dry product testing of pilot machines and factory acceptance tests of production machines and controls. Engineering, marketing and administrative staff will occupy an 8000 ft2 office building. Construction of the facility started in early November 2002 and its official opening is set for May this year. The six-acre site is just half a mile away from the company’s current location in 18 000 ft2 of space at former parent organization KraussMaffei Corp. The move follows the management buyout of Krauss-Maffei Process Technology in 2001 and its consequent legal separation from Krauss-Maffei Corp.

GEA FILTRATION ACQUIRES LIQUID TECHNOLOGIES GEA Filtration has acquired Liquid Technologies’ operations in New Zealand and Australia. Liquid Technologies has extensive experience in supplying membrane filtration plants and integrating them in complete process lines for the dairy industry. It will now expand its role in supplying membrane filtration solutions to the food & beverage,

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biotech & pharmaceutical, and process wastewater markets. The local sales network will be expanded with dedicated GEA Filtration personnel. In New Zealand, Liquid Technologies will now operate as a division of Niro NZ Ltd, and in Australia as a division of Niro Australia Pty Ltd. It will continue to represent GEA Filtration in both countries.

DOMNICK HUNTER PASSES NBC TRIALS Domnick Hunter Group plc’s nuclear, biological and chemical (NBC) protection technology has successfully completed UK and US Government evaluation programmes. According to the company, its NBC system is the world’s first in situ regenerative air filtration system. A prototype of the system has been tested in the UK using volatile simulants of typical chemical warfare agents. The tests were witnessed by officials from the Ministry of Defence as part of a £3.6 million order to supply Alvis Vickers Ltd for its Engineered Tank System. The air-purification technology has also passed full-scale interim trials by the Soldier, Biological, Chemical Command (SBCCOM), a division of the US Army. According to the company, existing NBC collective protection systems utilize ‘single pass’ carbon filters. Once used, the filters must be replaced – logistically difficult while vehicles are in operation in the field. In contrast, Domnick Hunter’s system contains a regenerative filtration unit, which cycles as necessary between two filter chambers; while one chamber is on-line the other is undergoing regeneration. The system can thus provide continuous purification, removing potentially contaminating nuclear, biological or chemical agents to

supply breathable air to personnel at risk inside armoured vehicles or in buildings or ships that may be subject to attack.

SHAW TO ACQUIRE ENVIROGEN Environmental protection company Envirogen Inc has entered into a merger agreement under which it will become a wholly-owned subsidiary of Shaw Environmental & Infrastructure Inc. “As part of Shaw Environmental, Envirogen will be better able to serve its existing customers and have access to a far greater number of potential customers,” said Envirogen president and CEO Robert Hillas. Shaw Environmental provides consulting, engineering, construction, remediation and facilities management services to the environmental, infrastructure and homeland defence markets. Under the terms of the agreement, Shaw Environmental will acquire all of Envirogen’s outstanding common stock for US$0.90 per share, or around US$3.6 million. Envirogen’s board of directors has unanimously approved the transaction and recommended that its stockholders vote in favour of the merger. Certain directors, executive officers and other stockholders of Envirogen, who collectively own more than 33% of Envirogen’s outstanding shares, have agreed to vote in favour of the proposed transaction. In other news, Envirogen has been delisted from the Nasdaq SmallCap Market. Hillas said that, in view of the pending merger, it would be unnecessarily costly to appeal against Nasdaq’s decision, with no ultimate benefit to shareholders. Envirogen’s common stock will now be traded on the OTC Bulletin Board.

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