All-Gas project led by Aqualia begins demo phase
The All-Gas project in the El Torno treatment plant in Chiclana, supported by the European Union, has started its demonstration phase, successfully exceeding all the objectives and stages set from the start, producing quality biogas that is being tested in various vehicles to check their functioning. The results of all the project’s phases have shown that All-Gas is a clear example of circular economy since a waste (the dirty water) is converted sustainably into raw materials with added value, thus providing an innovative and environment-friendly process. The All-Gas project aims to demonstrate the large-scale production of biofuels based on the cultivation of low-cost micro algae. It is a collaboration between the companies and institutions involved – European, regional and local. For Aqualia, which leads the European consortium undertaking the project, it has also meant the driving of leading-edge technology.
Xylem to acquire Pure Technologies
Xylem Inc. announced it has entered into a definitive agreement to acquire all the issued and outstanding shares of Pure Technologies Ltd. for CAD $9.00 per share in cash, representing an enterprise value of CAD$509 million, or USD$397 million. Pure’s board of directors has unanimously approved the transaction and recommends that Pure shareholders vote in favor of the transaction. The addition of Pure expands Xylem’s smart water portfolio, further advancing its strategy to be a leader in intelligent technology solutions for the water industry. This also adds unique diagnostic and analytics tools that complement previously acquired Visenti and Sensus solutions, creating a combined offering to address global infrastructure challenges and enhance customer economics.
The transaction is subject to various customary closing conditions, including receipt of Canadian Court, Pure shareholders’ and regulatory approval under the Hart-Scott-Rodino Act (United States). Xylem expects to achieve at least $12 million in annual cost synergies within two years of closing, which is expected in the first quarter of 2018.
De Nora China boosts production with factory expansion
De Nora has unveiled its new multimillion expansion and upgrade of its factory in Suzhou Industrial Park, China. The investment will allow the company to meet the growing demand for its electrode and water technology products in China and throughout the Asia Pacific region, increasing production capacity by more than 50 percent each year. The expansion includes a new assembly area for the production of De Nora’s major electrochemical and water technology applications.
