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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

  • ACCIONA Agua has been awarded a €17.4 million (between construction and operation) build-design-operate-maintain contract for the Escalerilla Wastewater Treatment Plant in Arequipa, Peru. ACCIONA Agua expects to have the necessary infrastructure built in the
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Water: Week in Review

artipatel

This week’s news round-up is highlighted by ITT Corporation’s merger with YSI Incorporated.  ITT continues to seek strategic companies, those with brand recognition and reach within the water industry, as potential acquisition targets in preparation for the new standalone water company that will separate from ITT later this year.  More on that and other water news below:

M&A/ Partnerships

Water: Week in Review

artipatel

We’ve seen a lot of activity in the Water space this week – especially in Asia, where new partnerships and investments have dominated the news.  Particularly, Aquatech International made a majority strategic investment in India’s WEX Technologies, ITT Corporation and Singapore’s Public Utilities Board announced plans to establish a joint R&D program, and Northumbrian Water received a takeover proposal from Hong Kong-based Cheung Kong Infrastructure Holdings (CKI).  For more on these stories and other water-related news around the world, see our highlights below:

M&A/ Partnerships

  • Desalitech Ltd will work with mineral and water drilling and treatment company Layne Christensen to design and build an innovative desalination system – a 43,000 gpd (167,000 L/d) brackish-water reverse-osmosis (BWRO) unit featuring Closed Circuit Desalination technology.  The new unit will

Corporations seek a water strategy

Mia Javier

No doubt, the opportunity in water is gaining visibility. With governments pursuing policy to incentivize water innovation and giants like IBM, SAP and Oracle circling the sector, water is fast becoming the industry of choice for corporations not traditionally in water and those specifically in information technology  – they want a piece of the pie.

The IT opportunity is logically drawn from the investments and innovation poured into the Smart Grid. By some estimates the market opportunity is $20 billion but not only are corporations mindful of market outlooks they are developing a business strategy in Smart Water. In this way, global market sizing and the macroeconomics of water supply and demand are informative but not actionable insights.

So, what questions must be answered in order to develop a strategy in water?

First, what are the unique aspects of a particular customer segment in water? Public-sector buyers are notoriously conservative with a complex business process. Just this week, the Portuguese Construction Firm, ITT Corporation, secured three wastewater treatment plant contracts in the Montemor-o-Velho municipality of Portugal in a complicated business transaction where ITT Corporation partnered with both a construction company as well as a design firm to win the …