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Water: Week in Review

artipatel

The big news story this week is definitely today’s announcement that Ecolab is set to purchase Nalco Holding. The deal, priced at over $5 billion, will help Ecolab to bolster its presence in the oil drilling residual water treatment market. For more on this story, and other exciting news throughout the water world, continue reading below:

M&A/ Partnerships

Projects

PURON MBR

PURON MBR

Innovation/ New Products

Water Canary

Water Canary

  • Researchers from Bangor University and Trinity College Dublin have been granted £500,000 to investigate and develop small hydropower turbines that use water pressure within the water storage system to generate renewable energy. The water treatment systems that introduce these turbines can use the energy and sell it to the grid, thereby reducing CO2 emissions and operating costs of supplying treated water.
    http://www.waterlink-international.com/news/id2011-HydroBPT_Energy_Generation.html

Other

  • Texas became the first state to require energy companies to disclose chemicals used in the hydraulic fracturing process when it signed energy legislation on the matter last week. New York and Pennsylvania have also imposed restrictions on hydraulic fracturing due to environmental concerns, although New York is considering allowing drilling to resume.
    http://www.waterlink-international.com/news/id2013-Texas_Enforces_Fracking_Rules.html
  • The U.S. Agency for International Development (USAID) has created a $17 million partnership with the Bill & Melinda Gates Foundation to identify, test, and help scale evidence-based approaches for cost-effective and sustained services in the water, sanitation, and hygiene sectors in developing countries. The partnership will support innovators by creating partnerships, providing staged financing, rigorously testing and refining new approaches, and transitioning to scale successful innovations.
    http://www.waterefficiency.net/the-latest/usaid-gates-solutions.aspx
Arti Patel is an analyst at Cleantech Group.

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