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Pall to acquire Brazil's Engefiltro
Industry news
Filtration+Separation July/August 2011
LG, Hitachi form water treatment joint venture LG Electronics Inc and Hitachi Plant Technologies Ltd are to set up a joint venture water treatment business. LG-Hitachi Water Solutions Co Ltd will initially focus on municipal water supply systems, municipal sewage treatment systems, industrial water supply systems, industrial wastewater treatment systems
and the reuse and recycling of wastewater.
Technologies will hold the remaining 49%.
The new company is scheduled to begin operations this October and will be based in Seoul, South Korea.
LG will appoint the CEO of the new company while Hitachi Plant Technologies will name the chief operating officer.
LG will have a 51% equity stake in LG-Hitachi Water Solutions, and Hitachi Plant
www.lg.com www.hitachi-pt.com
The Artemis Project: 2011 Top 50 winners A number of filtration, separation, membrane and desalination technology companies are included in the 2011 Artemis Project Top 50 award honourees. The Artemis Project Top 50 competition identifies the most promising companies that are applying innovation to address water challenges. The 2011 list includes AbTech Industries, Aquaporin A/S, Aqua Pure Ventures, Aqwise, Epuramat SA, Hydration Technology Innovations, M2 Renewables Inc, NanoH2O Inc, Purifics ES Inc and Voltea.
Now in its third year, the Top 50 is open to all companies that have completed development of a water resources management product and that generate less than US$25 million in annual revenues. “The Artemis Top 50 is the water industry’s benchmark for recognising innovation that will matter. It identifies the entrepreneurs that are applying technology to meet the world’s water challenges,” said Laura Shenkar, principal at The Artemis Project. “Water tech
is quickly becoming an engine for economic development and job growth. With these awards, we strive to identify the companies offering the most promising technologies coming onto the market.” This year’s list includes 18 infrastructure solutions companies, 23 water and wastewater treatment companies and nine wastewater recovery solutions companies. http://theartemisproject.com http://artemistop50.com/ 2011-winners/#all
Hyflux CEO wins global entrepreneur award Olivia Lum, the CEO and president of Hyflux Ltd, has been named the Ernst & Young World Entrepreneur of The Year 2011. Lum, the first woman to win the award in its 11-year history, was selected from 49 country finalists. She founded Hyflux in 1989 with two staff
are no difficulties you can’t overcome when you have faced the challenges of hunger and poverty,” said Lum. “It is a great honour to have been selected from among such a fantastic group of entrepreneurs.”
and start-up capital of US$15 000. Today, Singapore-listed Hyflux is one of the world’s leading desalination suppliers, with revenues of US$450 million and more than 2300 employees. “I’m very happy to accept this award on behalf of all the employees at Hyflux. For me, this reinforces there
www.hyflux.com www.ey.com
Pall to acquire Brazil’s Engefiltro Pall Corp has signed a definitive agreement to acquire its long-time Brazilian distributor Engefiltro. Headquartered in the state of Sao Paulo, Engefiltro serves the mining, oil and gas, chemical and petrochemical, power generation, food processing,
and pharmaceutical industries. Felix Diaz, president, Pall Latin America, said: “The Engefiltro organisation has been very successful positioning Pall technologies, products and services into the Brazilian market for more than 20 years. Engefiltro’s
sales organisation is worldclass and their operations and capabilities are highly complementary to Pall’s. The combination of our organisations increases our opportunities to deliver even greater value to customers.” www.pall.com www.engefiltro.com.br
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Filtration+Separation July/August 2011
LG, Hitachi form water treatment joint venture LG Electronics Inc and Hitachi Plant Technologies Ltd are to set up a joint venture water treatment business. LG-Hitachi Water Solutions Co Ltd will initially focus on municipal water supply systems, municipal sewage treatment systems, industrial water supply systems, industrial wastewater treatment systems
and the reuse and recycling of wastewater.
Technologies will hold the remaining 49%.
The new company is scheduled to begin operations this October and will be based in Seoul, South Korea.
LG will appoint the CEO of the new company while Hitachi Plant Technologies will name the chief operating officer.
LG will have a 51% equity stake in LG-Hitachi Water Solutions, and Hitachi Plant
www.lg.com www.hitachi-pt.com
The Artemis Project: 2011 Top 50 winners A number of filtration, separation, membrane and desalination technology companies are included in the 2011 Artemis Project Top 50 award honourees. The Artemis Project Top 50 competition identifies the most promising companies that are applying innovation to address water challenges. The 2011 list includes AbTech Industries, Aquaporin A/S, Aqua Pure Ventures, Aqwise, Epuramat SA, Hydration Technology Innovations, M2 Renewables Inc, NanoH2O Inc, Purifics ES Inc and Voltea.
Now in its third year, the Top 50 is open to all companies that have completed development of a water resources management product and that generate less than US$25 million in annual revenues. “The Artemis Top 50 is the water industry’s benchmark for recognising innovation that will matter. It identifies the entrepreneurs that are applying technology to meet the world’s water challenges,” said Laura Shenkar, principal at The Artemis Project. “Water tech
is quickly becoming an engine for economic development and job growth. With these awards, we strive to identify the companies offering the most promising technologies coming onto the market.” This year’s list includes 18 infrastructure solutions companies, 23 water and wastewater treatment companies and nine wastewater recovery solutions companies. http://theartemisproject.com http://artemistop50.com/ 2011-winners/#all
Hyflux CEO wins global entrepreneur award Olivia Lum, the CEO and president of Hyflux Ltd, has been named the Ernst & Young World Entrepreneur of The Year 2011. Lum, the first woman to win the award in its 11-year history, was selected from 49 country finalists. She founded Hyflux in 1989 with two staff
are no difficulties you can’t overcome when you have faced the challenges of hunger and poverty,” said Lum. “It is a great honour to have been selected from among such a fantastic group of entrepreneurs.”
and start-up capital of US$15 000. Today, Singapore-listed Hyflux is one of the world’s leading desalination suppliers, with revenues of US$450 million and more than 2300 employees. “I’m very happy to accept this award on behalf of all the employees at Hyflux. For me, this reinforces there
www.hyflux.com www.ey.com
Pall to acquire Brazil’s Engefiltro Pall Corp has signed a definitive agreement to acquire its long-time Brazilian distributor Engefiltro. Headquartered in the state of Sao Paulo, Engefiltro serves the mining, oil and gas, chemical and petrochemical, power generation, food processing,
and pharmaceutical industries. Felix Diaz, president, Pall Latin America, said: “The Engefiltro organisation has been very successful positioning Pall technologies, products and services into the Brazilian market for more than 20 years. Engefiltro’s
sales organisation is worldclass and their operations and capabilities are highly complementary to Pall’s. The combination of our organisations increases our opportunities to deliver even greater value to customers.” www.pall.com www.engefiltro.com.br
5