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Nephros partners with WorldWater & Solar Technologies
DIVIDENDS/NEWS
Dividends sä Pentair plc will distribute a regular quarterly cash dividend of US$0.345 per share on 4 August 2017 to shareholders of record on 21 July 2017. Having recently announced plans to split into two separate, publicly-traded companies, through a spin-off of its Electrical business to shareholders (see News, front page), Pentair says that it expects to continue to pay its quarterly dividend until the deal is finalized. The separation is expected to be completed in 2018. www.pentair.com sä The Gorman-Rupp Co has announced a quarterly cash dividend of US$0.115 per share on the common stock of the company, which is payable on 9 June 2017 to shareholders of record on 15 May 2017. This marks the 269th consecutive quarterly dividend that Gorman-Rupp has paid. Gorman-Rupp is now listed on the New York Stock Exchange (NYSE), having transferred from the NYSE MKT (see News, page 16). www.gormanrupp.com sä ITT Inc is planning to pay a secondquarter cash dividend of US$0.128 per share on the company’s outstanding stock on 3 July 2017, to shareholders of record on 12 June 2017. www.itt.com sä 4HEä REGULARä National Oilwell Varco Inc quarterly cash dividend of US$0.05 per share is payable on 30 June 2017 to stockholders of record on 16 June 2017. www.nov.com sä Flowserve Corp’s board of directors has approved a quarterly cash dividend of US$0.19 per share on the company’s outstanding shares of common stock. The dividend is payable on 7 July 2017, to shareholders of record on 23 June 2017. www.flowserve.com sä Xylem Inc’s second quarter dividend of US$0.18 per share will be payable on 21 June 2017 to shareholders of record on 25 May 2017. www.xylem.com
4
Pump Industry Analyst
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
Grundfos teams up with TaKaDu to accelerate water digitalization
G
rundfos is partnering with integrated event management solutions provider TaKaDu to accelerate the use of big data for greater water network efficiency. The collaboration brings together Grundfos’s technological expertise and TaKaDu’s analytical event management solutions. The two companies are already exploring partnership opportunities with a joint pilot at Danish water utility company Frederikshavn Forsyning. “Being a global leader in our segment, we have worked with connected solutions for quite a while, and we have got the experience and technological capability to offer monitoring services to our customers. However, the partnership with TaKaDu accelerates our efforts in the digitalization journey, and allows us to speed up the process of providing our customers with best-in-class, data driven solutions,” said Kenth Hvid Nielsen, Grundfos group vice president, Global Water Utility. “We are very excited to partner with Grundfos in the global water market, and expand our comprehensive event management solution to new dimensions of data, related to energy and network operations. Data analytics yields a wide spectrum of benefits, and we are confident that this partnership will boost efficiency of both water and energy,” said Amir Peleg, TaKaDu’s founder and CEO.
Grundfos says that future digital offerings from the partnership could help water utilities fulfil new operational targets for saving energy and water, as well as managing water network assets in the most economical way. For further information, visit www.grundfos.com and www.takadu.com
Nephros partners with WorldWater & Solar Technologies
N
ephros Inc’s ultrafilters are to be used in WorldWater & Solar Technologies Inc’s solar powered drinking water systems under a partnership agreement between the two US companies. Nephros is a commercial stage medical device company that develops and sells high performance liquid purification ultrafilters, while WorldWater specialises in integrated solar platform technology that uses sunshine to drive motors and pumps in large-scale irrigation and municipal water delivery systems. “By integrating Nephros ultrafilters into our solar powered drinking water systems, WorldWater continues to provide its customers with unique capabilities that leverage our solar power drive technology,” said Quentin Kelly, chairman and CEO of WorldWater. “We are constantly looking for ways to leverage our products’ water safety capabilities outside of the medical space,” said Shane Sullivan, Nephros director of North American Sales. “WorldWater’s drinking water systems driven by their sophisticated solar power control technology, enabling operations in remote areas of the world, is an ideal fit for our products.” For further information, visit www.nephros.com and www.worldwatersolar.com
May 2017
Dividends sä Pentair plc will distribute a regular quarterly cash dividend of US$0.345 per share on 4 August 2017 to shareholders of record on 21 July 2017. Having recently announced plans to split into two separate, publicly-traded companies, through a spin-off of its Electrical business to shareholders (see News, front page), Pentair says that it expects to continue to pay its quarterly dividend until the deal is finalized. The separation is expected to be completed in 2018. www.pentair.com sä The Gorman-Rupp Co has announced a quarterly cash dividend of US$0.115 per share on the common stock of the company, which is payable on 9 June 2017 to shareholders of record on 15 May 2017. This marks the 269th consecutive quarterly dividend that Gorman-Rupp has paid. Gorman-Rupp is now listed on the New York Stock Exchange (NYSE), having transferred from the NYSE MKT (see News, page 16). www.gormanrupp.com sä ITT Inc is planning to pay a secondquarter cash dividend of US$0.128 per share on the company’s outstanding stock on 3 July 2017, to shareholders of record on 12 June 2017. www.itt.com sä 4HEä REGULARä National Oilwell Varco Inc quarterly cash dividend of US$0.05 per share is payable on 30 June 2017 to stockholders of record on 16 June 2017. www.nov.com sä Flowserve Corp’s board of directors has approved a quarterly cash dividend of US$0.19 per share on the company’s outstanding shares of common stock. The dividend is payable on 7 July 2017, to shareholders of record on 23 June 2017. www.flowserve.com sä Xylem Inc’s second quarter dividend of US$0.18 per share will be payable on 21 June 2017 to shareholders of record on 25 May 2017. www.xylem.com
4
Pump Industry Analyst
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
Grundfos teams up with TaKaDu to accelerate water digitalization
G
rundfos is partnering with integrated event management solutions provider TaKaDu to accelerate the use of big data for greater water network efficiency. The collaboration brings together Grundfos’s technological expertise and TaKaDu’s analytical event management solutions. The two companies are already exploring partnership opportunities with a joint pilot at Danish water utility company Frederikshavn Forsyning. “Being a global leader in our segment, we have worked with connected solutions for quite a while, and we have got the experience and technological capability to offer monitoring services to our customers. However, the partnership with TaKaDu accelerates our efforts in the digitalization journey, and allows us to speed up the process of providing our customers with best-in-class, data driven solutions,” said Kenth Hvid Nielsen, Grundfos group vice president, Global Water Utility. “We are very excited to partner with Grundfos in the global water market, and expand our comprehensive event management solution to new dimensions of data, related to energy and network operations. Data analytics yields a wide spectrum of benefits, and we are confident that this partnership will boost efficiency of both water and energy,” said Amir Peleg, TaKaDu’s founder and CEO.
Grundfos says that future digital offerings from the partnership could help water utilities fulfil new operational targets for saving energy and water, as well as managing water network assets in the most economical way. For further information, visit www.grundfos.com and www.takadu.com
Nephros partners with WorldWater & Solar Technologies
N
ephros Inc’s ultrafilters are to be used in WorldWater & Solar Technologies Inc’s solar powered drinking water systems under a partnership agreement between the two US companies. Nephros is a commercial stage medical device company that develops and sells high performance liquid purification ultrafilters, while WorldWater specialises in integrated solar platform technology that uses sunshine to drive motors and pumps in large-scale irrigation and municipal water delivery systems. “By integrating Nephros ultrafilters into our solar powered drinking water systems, WorldWater continues to provide its customers with unique capabilities that leverage our solar power drive technology,” said Quentin Kelly, chairman and CEO of WorldWater. “We are constantly looking for ways to leverage our products’ water safety capabilities outside of the medical space,” said Shane Sullivan, Nephros director of North American Sales. “WorldWater’s drinking water systems driven by their sophisticated solar power control technology, enabling operations in remote areas of the world, is an ideal fit for our products.” For further information, visit www.nephros.com and www.worldwatersolar.com
May 2017