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Nitto Denko and Mitsubishi Rayon terminate water membrane JV
filtration
industryANALYST ISSN 1365-6937 May 2010
www.filtrationindustryanalyst.com
Nitto Denko and Mitsubishi Rayon terminate water membrane JV
J
apan’s Nitto Denko Corp and Mitsubishi Rayon Co Ltd are to dissolve the US-based joint venture company that they formed three years ago to develop water treatment membrane technology. Kathyd Technology LLC, headquartered in Oceanside, California, was set up in June 2007 as a 50/50 joint venture to focus on microfiltration membrane modules for seawater pretreatment prior to desalination and the treatment of wastewater from sludge filtration and application technologies based on the membrane technologies developed by the joint venture. Hydranautics, Nitto Denko’s US subsidiary, held a 50% stake in the company, and Mitsubishi Rayon America Inc, Mitsubishi Rayon’s US subsidiary, held the remaining 50%. Kathyd was expected to contribute ¥10 billion to the aggregate sales revenue of the parent companies by the fifth year of operation. The joint venture was also acknowledged as an initial step towards a possible future consolidation of the two companies’ water treatment businesses.
Even though Nitto Denko and Mitsubishi Rayon say they are pleased with the technical developments that Kathyd Technology has achieved over the last three years, the two companies have agreed to let the joint venture agreement come to an end when it expires on 31 May 2010, and to also terminate the move towards consolidating their water treatment businesses. Nitto Denko and Mitsubishi Rayon will continue to cooperate on sales however. For further information, visit www.nitto.com and www.mrc.co.jp
COMMENT Today’s business environment is very different to what it was three years ago when Kathyd Technology was set up. The decisions to wind down the joint venture and to move away from consolidating the two companies’ water treatment businesses reflect these changes. ■
Dow to produce UPS copolymers in Europe
D
ow Water & Process Solutions is expanding its production plant in Fombio, Italy to manufacture uniform particle size (UPS) copolymers used in the company’s ion exchange resins. Dow Water & Process Solutions believes that producing UPS gel copolymers for the first time in Europe will deliver increased quality and cost-savings for ion exchange resin production. “Currently, we manufacture UPS gel copolymer in the US and ship to major markets in France, China, and Japan,” said Ian Barbour, general manager, Dow Water & Process Solutions. “Creating an advanced manufacturing presence
Contents Company Profile Clarcor
5
Kaydon
6
Pentair
7
Company Watch Biorem
8
BWT
8
Esco Technologies
9
Flanders
9
Gamma
10
Millipore
10
Pall
11
ProSep
11
Diary Dividends Exchange Rates Financial Calendar In Brief New Product Developments
15 4 16 14 3 14
News Nitto Denko and Mitsubishi Rayon terminate water membrane JV
1
Dow to produce UPS copolymers in Europe 1 Larox applies to delist from NASDAQ OMX Helsinki 2 Millipore publishes 2009 Sustainability Report
2
Enviro Voraxial reports increased interest since Gulf of Mexico oil spill 2 Operating changes at Ahlstrom
2
for copolymers in Europe allows us to provide higher-quality product more quickly and at a reduced transportation cost.” The new capacity will use manufacturing technology from both Dow and Rohm and Haas. Last year’s acquisition of Rohm and Haas’s ion exchange businesses has allowed Dow to develop a UPS manufacturing technology based on the best practices of both companies. Copolymer production at Fombio is expected to begin in the second half of 2010.
ConocoPhillips & GE open joint water sustainability centre in Qatar
3
Metso invests in new office facilities in Pennsylvania
3
For further information, visit www.dowwaterandprocess.com and www.dow.com
Orders & Contracts People & Appointments Stock Watch
Baden and ProSep in private placements 3 IDE transfers technology to AquaSwiss
3
Cummins on track for long-term growth 4 Sinomem sees strong Q1 gains Clean Filtration Technologies secures US$3.5mn Dow-led financing
4 16
Nederman completes Dantherm Filtration acquisition 16 13 12 15
ISSN 1365-6937/10 © 2010 Elsevier Ltd. All rights reserved. This journal and the individual contributions contained in it are protected under copyright by Elsevier Ltd, and the following terms and conditions apply to their use: Photocopying Single photocopies of single articles may be made for personal use as allowed by national copyright laws. Permission of the publisher and payment of a fee is required for all other photocopying, including multiple or systematic copying, copying for advertising or promotional purposes, resale, and all forms of document delivery. Special rates are available for educational institutions that wish to make photocopies for non-profit educational classroom use.
industryANALYST ISSN 1365-6937 May 2010
www.filtrationindustryanalyst.com
Nitto Denko and Mitsubishi Rayon terminate water membrane JV
J
apan’s Nitto Denko Corp and Mitsubishi Rayon Co Ltd are to dissolve the US-based joint venture company that they formed three years ago to develop water treatment membrane technology. Kathyd Technology LLC, headquartered in Oceanside, California, was set up in June 2007 as a 50/50 joint venture to focus on microfiltration membrane modules for seawater pretreatment prior to desalination and the treatment of wastewater from sludge filtration and application technologies based on the membrane technologies developed by the joint venture. Hydranautics, Nitto Denko’s US subsidiary, held a 50% stake in the company, and Mitsubishi Rayon America Inc, Mitsubishi Rayon’s US subsidiary, held the remaining 50%. Kathyd was expected to contribute ¥10 billion to the aggregate sales revenue of the parent companies by the fifth year of operation. The joint venture was also acknowledged as an initial step towards a possible future consolidation of the two companies’ water treatment businesses.
Even though Nitto Denko and Mitsubishi Rayon say they are pleased with the technical developments that Kathyd Technology has achieved over the last three years, the two companies have agreed to let the joint venture agreement come to an end when it expires on 31 May 2010, and to also terminate the move towards consolidating their water treatment businesses. Nitto Denko and Mitsubishi Rayon will continue to cooperate on sales however. For further information, visit www.nitto.com and www.mrc.co.jp
COMMENT Today’s business environment is very different to what it was three years ago when Kathyd Technology was set up. The decisions to wind down the joint venture and to move away from consolidating the two companies’ water treatment businesses reflect these changes. ■
Dow to produce UPS copolymers in Europe
D
ow Water & Process Solutions is expanding its production plant in Fombio, Italy to manufacture uniform particle size (UPS) copolymers used in the company’s ion exchange resins. Dow Water & Process Solutions believes that producing UPS gel copolymers for the first time in Europe will deliver increased quality and cost-savings for ion exchange resin production. “Currently, we manufacture UPS gel copolymer in the US and ship to major markets in France, China, and Japan,” said Ian Barbour, general manager, Dow Water & Process Solutions. “Creating an advanced manufacturing presence
Contents Company Profile Clarcor
5
Kaydon
6
Pentair
7
Company Watch Biorem
8
BWT
8
Esco Technologies
9
Flanders
9
Gamma
10
Millipore
10
Pall
11
ProSep
11
Diary Dividends Exchange Rates Financial Calendar In Brief New Product Developments
15 4 16 14 3 14
News Nitto Denko and Mitsubishi Rayon terminate water membrane JV
1
Dow to produce UPS copolymers in Europe 1 Larox applies to delist from NASDAQ OMX Helsinki 2 Millipore publishes 2009 Sustainability Report
2
Enviro Voraxial reports increased interest since Gulf of Mexico oil spill 2 Operating changes at Ahlstrom
2
for copolymers in Europe allows us to provide higher-quality product more quickly and at a reduced transportation cost.” The new capacity will use manufacturing technology from both Dow and Rohm and Haas. Last year’s acquisition of Rohm and Haas’s ion exchange businesses has allowed Dow to develop a UPS manufacturing technology based on the best practices of both companies. Copolymer production at Fombio is expected to begin in the second half of 2010.
ConocoPhillips & GE open joint water sustainability centre in Qatar
3
Metso invests in new office facilities in Pennsylvania
3
For further information, visit www.dowwaterandprocess.com and www.dow.com
Orders & Contracts People & Appointments Stock Watch
Baden and ProSep in private placements 3 IDE transfers technology to AquaSwiss
3
Cummins on track for long-term growth 4 Sinomem sees strong Q1 gains Clean Filtration Technologies secures US$3.5mn Dow-led financing
4 16
Nederman completes Dantherm Filtration acquisition 16 13 12 15
ISSN 1365-6937/10 © 2010 Elsevier Ltd. All rights reserved. This journal and the individual contributions contained in it are protected under copyright by Elsevier Ltd, and the following terms and conditions apply to their use: Photocopying Single photocopies of single articles may be made for personal use as allowed by national copyright laws. Permission of the publisher and payment of a fee is required for all other photocopying, including multiple or systematic copying, copying for advertising or promotional purposes, resale, and all forms of document delivery. Special rates are available for educational institutions that wish to make photocopies for non-profit educational classroom use.