Pentair to split into water and electrical companies

Pentair to split into water and electrical companies

CALENDAR/NEWS EVENTS CALENDAR 23–27 July 2017 11th IWA International Conference on Water Reclamation and Reuse California, USA Contact: Courtney Thar...

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CALENDAR/NEWS

EVENTS CALENDAR 23–27 July 2017 11th IWA International Conference on Water Reclamation and Reuse California, USA Contact: Courtney Tharpe, Director of Conferences & Events, WateReuse, 1199 North Fairfax Street, Suite 900, Alexandria, VA 22314, USA Tel: +1 571 445 5510 Fax: +1 703 548 5085 Email: [email protected] http://iwareuse2017.org

29 July to 4 August 2017 2017 International Congress on Membranes and Membrane Processes San Francisco, California, USA Contact: University of Toledo, MS 305, 2801 West Bancroft Street, Toledo, Ohio, USA Tel: +1 419 530 8088 Email: [email protected] www.icom2017.org/home.html

12–14 September 2017 WATEC Israel 2017 (Water Technology and Environmental Control ...Continued from front page Network that bridges East Coast Park and Gardens by the Bay East. All of the plant’s water treatment equipment will be located underground, topped off by a gently sloping green lawn as its roof. The plant will also incorporate environmentfriendly features such as rainwater harvesting. Water collected in this way will be used to irrigate the “green roof” and support the facility’s water features and landscaping needs. ‘Over the years we have been making investments in desalination plants to bolster our water security. As a source independent of weather, desalinated water is capable of strengthening our water supply resilience, especially against prolonged dry spells and droughts. We aim to triple its capacity to meet up to 30% of our water needs by 2060,’ said Ng Joo Hee, Chief Executive, PUB.

Exhibition & Conference)

Tel Aviv, Israel Contact: Eva Waisler, Kenes Exhibitions, Hayotsrim 6, Or Yehuda, Israel. Tel: +972 74 7457493 Email: [email protected] www.watec-israel.com

12 October 2017 SEDA Membrane Theory & Operations Workshop

Jacksonville, North Carolina, USA Contact: Kelsey Arnold, Southeast Desalting Association (SEDA), 354 NW Alice Avenue, Stuart, FL 34994, USA Tel: +1 772 781 7698, Fax: +1 772 781 4240 Email: [email protected] www.southeastdesalting.com/contacts

15–20 October 2017 IDA World Congress 2017

São Paulo, Brazil Contact: International Desalination Association (IDA), 94 Central Street, Suite 200, Topsfield, MA 01983, USA

Desalinated water is a key pillar of Singapore’s water supply, in addition to water from local catchments, imported water and NEWater (ultra-clean, high-grade reclaimed water). There are currently two desalination plants with a total capacity of 378 541 m3 (100 million gallons) a day, and another three plants in the pipeline – the Keppel Marina East Desalination Plant is one of them. CEO, Keppel Infrastructure, Dr Ong Tiong Guan, commented: ‘We are pleased to unveil the design of the Keppel Marina East Desalination Plant and mark another first in Singapore.’ ‘Not only is this the first desalination plant in Singapore capable of treating both sea water and fresh water, the plant’s design also blends seamlessly into the environment, enabling the public to enjoy the green space above the plant along with the surrounding greenery.’

Tel: +1 978 887 0410, Fax: +1 978 887 0411 Email: [email protected] http://idadesal.org/2017-ida-world-congress

31 October to 3 November 2017 Aquatech Amsterdam

Amsterdam, The Netherlands Contact: RAI Amsterdam, Aquatechtrade, Europaplein 1078 GZ, Amsterdam, The Netherlands Tel: +31 20 549 13 33 Email: [email protected] Email: [email protected] www.aquatechtrade.com/amsterdam

7–8 November 2017 Testing, Characterisation & Filter Media 9: Conference and Exhibition Chester, UK Contact: Steve Tarleton, Honorary Secretary, The Filtration Society, 6 McCarthy Close, Whitwick, Leicestershire LE67 5HN, UK Tel: +44 1530 382038 Email: [email protected] www.filtsoc.org/wp-content/uploads/2017/05/ Flyer_Characterisation_Testing_Media_v3.pdf

In January, Keppel Infrastructure – through its wholly-owned subsidiary Marina East Water Pte Ltd – signed the 25-year water purchase agreement with PUB for the Keppel Marina East Desalination Plant. The plant will be constructed under the design, build, own and operate model, and will produce 137 000 m3 (about 30 million gallons) of fresh drinking water per day. Contacts: Public Utilities Board, 40 Scotts Road, 22–01, Environment Building, Singapore 228231. Tel: +65 6235 8888, www.pub.gov.sg Keppel Infrastructure Holdings Pte Ltd, 1 HarbourFront Avenue, 05–05 Keppel Bay Tower, Singapore 098632. Tel: +65 6278 1800, www.kepinfra.com

Pentair to split into water and electrical companies

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entair Plc’s board of directors recently unanimously approved a plan to separate the firm into two independent, publicly-traded companies. According to Pentair, the move will create a leading global water company that focuses on smart, sustainable water and fluid-processing applications, and a high-performance electrical company that aims to improve utilisation, lower costs and maximise customer uptime. ‘We have built two strong, high-performing businesses with the operating acumen and culture to thrive as two independent companies,’ explained 16

Membrane Technology

Randall Hogan, Chairman and CEO, Pentair. ‘Separating Water and Electrical to create two pure-play companies is the next logical step in the evolution of Pentair and is consistent with our strategy to continually enhance shareholder value. Both companies will have the focus, talent and flexibility to grow profitably, both organically and through acquisitions.’ Pentair expects to complete the separation in the second quarter of 2018, subject to meeting customary conditions. It is set to occur through a tax-free spin-off of Electrical by Pentair to its shareholders. Upon completion, Electrical will

become an independent publicly-traded company and shareholders will receive shares on a pro rata basis. Water is expected to maintain Pentair’s existing incorporation and tax residency and it is anticipated that Electrical will have a similar incorporation and tax residency. Both companies are expected to be well-capitalised and have investment-grade credit ratings. Contact: Pentair Plc, 43 London Wall, London EC2M 5TF, UK. Tel: +44 207 347 8925, www.pentair.com

July 2017