Water Stocks; ITT’s (NYSE: ITT) WEDECO Ozone Generators Chosen for City of Wichita Aquifer Storage Project
Combined treatment system removes Endocrine Disrupting Compounds, kills pathogens
CHARLOTTE, N.C.--(Investorideas.com water stocks newswire)--ITT Corporation (NYSE: ITT), a global leader in the transport and treatment of water and wastewater, announced that its WEDECO ozone generators have been chosen by Air Products and Chemicals, Inc. for placement in a new treatment plant in Wichita, Kansas. Together with Air Products’ Halia™ advanced oxidation system, ITT’s WEDECO ozone generators form a complete Advanced Oxidation Process (AOP) solution that removes Endocrine Disrupting Compounds (EDCs), which result from the use of pharmaceuticals and personal care products. The AOP solution is also capable of killing pathogens and mitigating bromate formation as a carcinogenic by-product. The system will treat 30 million gallons of water per day at the Wichita surface water treatment plant.
The plant is built in conjunction with the Equus Beds Aquifer Storage and Recovery Project. To counter water shortages due to population growth, the City of Wichita has developed this multi-phase project that will draw excess water from the Little Arkansas River. That water will be treated and then pumped into the Equus Beds Aquifer for future residential, agricultural and commercial use.
Shaun Porter, water industry specialist at Air Products said, “We are extremely pleased with our arrangement with ITT to provide a cost-effective contaminant removal solution. The Halia advanced oxidation system can help meet disinfection requirements while also destroying trace contaminants and minimizing the formation of by-products, such as bromate, making it ideal for drinking water applications, as well as water reuse and process water clean-up.”
WEDECO PDO Series ozone generators were selected for this project, with each unit producing 2,100 pounds per day of ozone. This system comes completely mounted and instrumented and utilizes the industry-leading WEDECO EFFIZON® HP electrodes and variable frequency power supply technology.
About ITT’s Water & Wastewater Business
ITT's Water & Wastewater business is a global provider of water handling and treatment solutions for municipal and industrial customers in more than 140 countries. ITT designs and delivers energy-efficient solutions and related services for water and wastewater transport, biological treatment, filtration and disinfection. The Water and Wastewater business employs a global sales network, has manufacturing sites in Europe, Asia and the Americas, and is based in Stockholm, Sweden. www.ittwww.com
About ITT Corporation
ITT Corporation is a high-technology engineering and manufacturing company operating on all seven continents in three vital markets: water and fluids management, global defense and security, and motion and flow control. With a heritage of innovation, ITT partners with its customers to deliver extraordinary solutions that create more livable environments, provide protection and safety and connect our world. Headquartered in White Plains, N.Y., the company generated 2009 revenue of $10.9 billion. www.itt.com
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Visit the water stocks directory at Investorideas.com and http://www.water-stocks.com/ to research publicly traded water companies, listed on global stock exchanges : http://www.investorideas.com/Water-Stocks/Stock_List.asp
Wednesday, May 5, 2010
Tuesday, May 4, 2010
Nalco (NYSE:NLC) Responding to Oil Spill in Gulf of Mexico
Nalco (NYSE:NLC) Responding to Oil Spill in Gulf of Mexico
NAPERVILLE, Ill., May 3, 2010 (Investorideas.com water stocks newswire ) -- Nalco (NYSE:NLC) confirmed it is providing oil dispersants and support to BP and the responders dealing with the oil spill in the Gulf of Mexico. The company will continue to provide these dispersants as requested for as long as responders have the need.
"To date sales related to these dispersants have not had a material financial impact on our company," said Nalco Chairman and CEO Erik Fyrwald. "But it is impossible to predict at this time how long this incident will last or the magnitude of the overall response needed."
"Our suppliers have shown us great support in getting us the raw materials we need," Fyrwald added. "This has really been an industry-wide effort to limit the impacts of the spill. We all are committed to helping the people and environment of the Gulf Coast recover as rapidly as possible."
About Nalco (NYSE:NLC)
Nalco is the world's leading water treatment and process improvement company, delivering significant environmental, social and economic performance benefits to our customers. We help our customers reduce energy, water and other natural resource consumption, enhance air quality, minimize environmental releases and improve productivity and end products while boosting the bottom line. Together our comprehensive solutions contribute to the sustainable development of customer operations. Nalco is a member of the Dow Jones Sustainability World Index. More than 11,500 Nalco employees operate in 150 countries supported by a comprehensive network of manufacturing facilities, sales offices and research centers to serve a broad range of end markets. In 2009, Nalco achieved sales of more than $3.7 billion.
Follow us on Twitter at www.twitter.com/Nalco_News and www.twitter.com/NalcoCompany.
This news release includes forward-looking statements, reflecting current analysis and expectations, based on what are believed to be reasonable assumptions. Forward-looking statements may involve known and unknown risks, uncertainties and other factors, which may cause the actual results to differ materially from those projected, stated or implied, depending on many factors, including, without limitation: ability to generate cash, ability to raise capital, ability to refinance, the result of the pursuit of strategic alternatives, ability to execute work process redesign and reduce costs, ability to execute price increases, business climate, business performance, economic and competitive uncertainties, higher manufacturing costs, reduced level of customer orders, changes in strategies, risks in developing new products and technologies, environmental and safety regulations and clean-up costs, foreign exchange rates, the impact of changes in the regulation or value of pension fund assets and liabilities, changes in generally accepted accounting principles, adverse legal and regulatory developments, including increases in the number or financial exposures of claims, lawsuits, settlements or judgments, or the inability to eliminate or reduce such financial exposures by collecting indemnity payments from insurers, the impact of increased accruals and reserves for such exposures, weather-related factors, and adverse changes in economic and political climates around the world, including terrorism and international hostilities, and other risk factors identified by the Company. Accordingly, there can be no assurance that the Company will meet future results, performance or achievements expressed or implied by such forward-looking statements. This paragraph is included to provide safe harbor for forward-looking statements, which are not generally required to be publicly revised as circumstances change, and which the Company does not intend to update.
Contact:
Nalco CompanyMedia Contact:Charlie Pajor 630 305 1556 cpajor@nalco.comInvestor Contact:Mike Bushman 630 305 1025 mbushman@nalco.com
______________________________________________
Research water stocks - more info
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews. Visit the water stocks directory to research publicly traded water companies: http://www.investorideas.com/Water-Stocks/Stock_List.asp
NAPERVILLE, Ill., May 3, 2010 (Investorideas.com water stocks newswire ) -- Nalco (NYSE:NLC) confirmed it is providing oil dispersants and support to BP and the responders dealing with the oil spill in the Gulf of Mexico. The company will continue to provide these dispersants as requested for as long as responders have the need.
"To date sales related to these dispersants have not had a material financial impact on our company," said Nalco Chairman and CEO Erik Fyrwald. "But it is impossible to predict at this time how long this incident will last or the magnitude of the overall response needed."
"Our suppliers have shown us great support in getting us the raw materials we need," Fyrwald added. "This has really been an industry-wide effort to limit the impacts of the spill. We all are committed to helping the people and environment of the Gulf Coast recover as rapidly as possible."
About Nalco (NYSE:NLC)
Nalco is the world's leading water treatment and process improvement company, delivering significant environmental, social and economic performance benefits to our customers. We help our customers reduce energy, water and other natural resource consumption, enhance air quality, minimize environmental releases and improve productivity and end products while boosting the bottom line. Together our comprehensive solutions contribute to the sustainable development of customer operations. Nalco is a member of the Dow Jones Sustainability World Index. More than 11,500 Nalco employees operate in 150 countries supported by a comprehensive network of manufacturing facilities, sales offices and research centers to serve a broad range of end markets. In 2009, Nalco achieved sales of more than $3.7 billion.
Follow us on Twitter at www.twitter.com/Nalco_News and www.twitter.com/NalcoCompany.
This news release includes forward-looking statements, reflecting current analysis and expectations, based on what are believed to be reasonable assumptions. Forward-looking statements may involve known and unknown risks, uncertainties and other factors, which may cause the actual results to differ materially from those projected, stated or implied, depending on many factors, including, without limitation: ability to generate cash, ability to raise capital, ability to refinance, the result of the pursuit of strategic alternatives, ability to execute work process redesign and reduce costs, ability to execute price increases, business climate, business performance, economic and competitive uncertainties, higher manufacturing costs, reduced level of customer orders, changes in strategies, risks in developing new products and technologies, environmental and safety regulations and clean-up costs, foreign exchange rates, the impact of changes in the regulation or value of pension fund assets and liabilities, changes in generally accepted accounting principles, adverse legal and regulatory developments, including increases in the number or financial exposures of claims, lawsuits, settlements or judgments, or the inability to eliminate or reduce such financial exposures by collecting indemnity payments from insurers, the impact of increased accruals and reserves for such exposures, weather-related factors, and adverse changes in economic and political climates around the world, including terrorism and international hostilities, and other risk factors identified by the Company. Accordingly, there can be no assurance that the Company will meet future results, performance or achievements expressed or implied by such forward-looking statements. This paragraph is included to provide safe harbor for forward-looking statements, which are not generally required to be publicly revised as circumstances change, and which the Company does not intend to update.
Contact:
Nalco CompanyMedia Contact:Charlie Pajor 630 305 1556 cpajor@nalco.comInvestor Contact:Mike Bushman 630 305 1025 mbushman@nalco.com
______________________________________________
Research water stocks - more info
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews. Visit the water stocks directory to research publicly traded water companies: http://www.investorideas.com/Water-Stocks/Stock_List.asp
Monday, May 3, 2010
Water Stocks; Nalco (NYSE: NLC) Spikes on News BP (NYSE: BP) Testing Chemicals for Oil Spill
Water Stocks; Nalco (NYSE: NLC) Spikes on News BP (NYSE: BP) Testing Chemicals for Oil Spill
Point Roberts WA, DELTA, BC May 3, 2010 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, reports water stock Nalco (NYSE: NLC) is trading up on significant volume on news reported from CBBC that BP (NYSE: BP) announced it has tested a chemical from Nalco that can attach itself to the oil . The stock has had a day trading range of $25.26- $29.25, as of this report.
CNBC News Report- BP Finds Chemical That Disperses Oil in Deep Water
http://www.cnbc.com/id/36886842?__source=yahoo%7Cheadline%7Cquote%7Ctext%7C&par=yahoo
About Nalco (NYSE: NLC)
Nalco is the world's leading water treatment and process improvement company, delivering significant environmental, social and economic performance benefits to our customers. We help our customers reduce energy, water and other natural resource consumption, enhance air quality, minimize environmental releases and improve productivity and end products while boosting the bottom line. Together our comprehensive solutions contribute to the sustainable development of customer operations. Nalco is a member of the Dow Jones Sustainability World Index. More than 11,500 Nalco employees operate in 150 countries supported by a comprehensive network of manufacturing facilities, sales offices and research centers to serve a broad range of end markets. In 2009, Nalco achieved sales of more than $3.7 billion
http://www.nalco.com/
Energy Services - http://www.nalco.com/industries/energy-oil-gas.htm
About Water-stocks.com Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space.
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts, interviews and a directory of public companies within the water sector.
Investors following the water sector can subscribe to the news feed at http://www.investorideas.com/RSS/feeds/Water-Stocks.xml.
Water-Stocks.com features water columns for investors following the sector; ‘Hydrocommerce Corner - Where Water & Money Meet’ with Bill Brennan and ‘BlueTech Tracker’ with Paul O'Callaghan.
Investors following publicly traded water companies can research water stocks at the water stocks directory.
The directory features publicly traded water stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong, China and other leading global Stock Exchanges . The stock directory features water stocks including desalination companies , bottled water stocks, infrastructure, water treatment and technology as well as other sub sectors.
Directory : http://investorideas.com/Water-Stocks/Stock_List.asp
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies MSEX, news submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp
For More info on Water-stocks.com
Contact:
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com http://www.water-stocks.com/
Source: Water-Stocks.com, Investorideas.com
Point Roberts WA, DELTA, BC May 3, 2010 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, reports water stock Nalco (NYSE: NLC) is trading up on significant volume on news reported from CBBC that BP (NYSE: BP) announced it has tested a chemical from Nalco that can attach itself to the oil . The stock has had a day trading range of $25.26- $29.25, as of this report.
CNBC News Report- BP Finds Chemical That Disperses Oil in Deep Water
http://www.cnbc.com/id/36886842?__source=yahoo%7Cheadline%7Cquote%7Ctext%7C&par=yahoo
About Nalco (NYSE: NLC)
Nalco is the world's leading water treatment and process improvement company, delivering significant environmental, social and economic performance benefits to our customers. We help our customers reduce energy, water and other natural resource consumption, enhance air quality, minimize environmental releases and improve productivity and end products while boosting the bottom line. Together our comprehensive solutions contribute to the sustainable development of customer operations. Nalco is a member of the Dow Jones Sustainability World Index. More than 11,500 Nalco employees operate in 150 countries supported by a comprehensive network of manufacturing facilities, sales offices and research centers to serve a broad range of end markets. In 2009, Nalco achieved sales of more than $3.7 billion
http://www.nalco.com/
Energy Services - http://www.nalco.com/industries/energy-oil-gas.htm
About Water-stocks.com Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space.
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts, interviews and a directory of public companies within the water sector.
Investors following the water sector can subscribe to the news feed at http://www.investorideas.com/RSS/feeds/Water-Stocks.xml.
Water-Stocks.com features water columns for investors following the sector; ‘Hydrocommerce Corner - Where Water & Money Meet’ with Bill Brennan and ‘BlueTech Tracker’ with Paul O'Callaghan.
Investors following publicly traded water companies can research water stocks at the water stocks directory.
The directory features publicly traded water stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong, China and other leading global Stock Exchanges . The stock directory features water stocks including desalination companies , bottled water stocks, infrastructure, water treatment and technology as well as other sub sectors.
Directory : http://investorideas.com/Water-Stocks/Stock_List.asp
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies MSEX, news submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp
For More info on Water-stocks.com
Contact:
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com http://www.water-stocks.com/
Source: Water-Stocks.com, Investorideas.com
Wednesday, April 28, 2010
Water Stocks; Energy Recovery Inc’s (NASDAQ: ERII) Pump Engineering Triumphs with Distinction Award for Water Technology Company of the Year
Water Stocks; Energy Recovery Inc’s (NASDAQ: ERII) Pump Engineering Triumphs with Distinction Award for Water Technology Company of the Year
Industry-Leading Energy Recovery Devices Lauded for Innovative Global Desalination Application; Energy Recovery also Recognized as Integral to the Desalination Plant of the Year
SAN LEANDRO, Calif.--(Investorideas.com water stocks newswire )--Energy Recovery Inc (NASDAQ: ERII), a leader in the design and development of energy recovery devices for desalination, today announced that Pump Engineering (acquired by Energy Recovery in 2009) received the Distinction Award in the Water Technology Company of the Year category as part of the Global Water Intelligence Global Water Awards 2010. Energy Recovery was also recognized as part of the Desalination Plant of the Year Award for the inclusion of the company’s industry-leading PX Pressure Exchanger™ (PX™) energy recovery devices as an integral component at the Barcelona-Llobregat desalination plant in Spain.
“The Global Water Awards recognize industry visionaries and technology innovators, highlighting those companies and projects that set the standard for the global water industry to follow”
.“The 2010 Global Water Awards represent a crowning achievement for Energy Recovery from both a business and a technology perspective,” said G.G. Pique, president and CEO of Energy Recovery Inc. “The recognition of Pump Engineering as the Distinction Award winner in the Water Technology Company of the Year category further validates the significance of that strategic acquisition, and the Barcelona-Llobregat desalination plant being selected as the Desalination Plant of the Year demonstrates just how vital our PX devices are to the success of a seawater reverse osmosis (SWRO) desalination facility. We are grateful to Global Water Intelligence and the entire international water industry for their continued recognition of Energy Recovery as a global industry business and technology leader.”
The Global Water Intelligence Global Water Awards recognize the most significant achievements in the global water industry during the past year, and the Water Technology Company of the Year acknowledges the company that has made the most significant contribution in the field of water technology. Pump Engineering, a leading provider of centrifugal turbine energy-saving technology for seawater and brackish desalination applications, was selected as the Distinction Award winner for its considerable achievements in 2009, including doubling global market share and securing a contract for its energy recovery devices at the Magtaa desalination plant in Algeria. Pump Engineering’s success in 2009 culminated in the December acquisition by Energy Recovery Inc, creating one of the industry’s most comprehensive portfolios of energy recovery devices and fluid processing systems for SWRO desalination as well as for oil and gas processing.
In addition, Energy Recovery was also recognized for the integration of its PX devices into the Barcelona-Llobregat desalination plant, the winner of the Desalination Plant of the Year Award. Producing 200,000 m3/day of potable water for metropolitan Barcelona, the SWRO facility is the largest in Europe. By reducing the energy consumed during the SWRO desalination process by up to 60 percent, Energy Recovery is helping the Barcelona-Llobregat and other global facilities cost-effectively produce fresh, clean water.
“The Global Water Awards recognize industry visionaries and technology innovators, highlighting those companies and projects that set the standard for the global water industry to follow,” said Christopher Gasson, publisher of Global Water Intelligence. “Energy Recovery and Pump Engineering have long been two of the industry’s established leaders, so it is no surprise that the combined entity has been acknowledged for its cutting-edge technology achievements as well as for the practical application of its solutions. We applaud Energy Recovery and look forward to continued success from the company in 2010 and beyond.”
Energy Recovery's PX devices operate at up to 98 percent efficiency and reduce the energy consumption of SWRO systems by up to 60 percent, making desalination a cost-effective solution for clean water supply. PX devices also reduce the carbon footprint of desalination, saving more than 900 MW of energy and reducing CO2 emissions by more than 4.7 million tons per year worldwide. More than 10,000 of Energy Recovery’s devices are currently deployed or under contract to be installed at desalination plants across the globe. For more information about Energy Recovery's PX Pressure Exchanger technology, visit http://www.energyrecovery.com or send an email to info@energyrecovery.com.
About Energy Recovery Inc
Energy Recovery Inc (NASDAQ:ERII) designs and develops energy recovery devices that help make desalination affordable by significantly reducing energy consumption. Energy Recovery technologies include the PX Pressure Exchanger™ (PX™) device for desalination and the Turbocharger hydraulic turbine energy recovery device and pumps for desalination, gas and liquid processing applications. In total, Energy Recovery helps reduce CO2 emissions by more than 4.7 million tons per year and produce 1.6 billion gallons of potable water per day. The company is headquartered in the San Francisco Bay Area with offices in Detroit and in key desalination centers worldwide, including Madrid, Shanghai and the United Arab Emirates. For more information about Energy Recovery Inc, please visit www.energyrecovery.com.
_____________________________________________
more water stocks info:
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews. Visit the water stocks directory to research publicly traded water companies: http://www.investorideas.com/Water-Stocks/Stock_List.asp
Industry-Leading Energy Recovery Devices Lauded for Innovative Global Desalination Application; Energy Recovery also Recognized as Integral to the Desalination Plant of the Year
SAN LEANDRO, Calif.--(Investorideas.com water stocks newswire )--Energy Recovery Inc (NASDAQ: ERII), a leader in the design and development of energy recovery devices for desalination, today announced that Pump Engineering (acquired by Energy Recovery in 2009) received the Distinction Award in the Water Technology Company of the Year category as part of the Global Water Intelligence Global Water Awards 2010. Energy Recovery was also recognized as part of the Desalination Plant of the Year Award for the inclusion of the company’s industry-leading PX Pressure Exchanger™ (PX™) energy recovery devices as an integral component at the Barcelona-Llobregat desalination plant in Spain.
“The Global Water Awards recognize industry visionaries and technology innovators, highlighting those companies and projects that set the standard for the global water industry to follow”
.“The 2010 Global Water Awards represent a crowning achievement for Energy Recovery from both a business and a technology perspective,” said G.G. Pique, president and CEO of Energy Recovery Inc. “The recognition of Pump Engineering as the Distinction Award winner in the Water Technology Company of the Year category further validates the significance of that strategic acquisition, and the Barcelona-Llobregat desalination plant being selected as the Desalination Plant of the Year demonstrates just how vital our PX devices are to the success of a seawater reverse osmosis (SWRO) desalination facility. We are grateful to Global Water Intelligence and the entire international water industry for their continued recognition of Energy Recovery as a global industry business and technology leader.”
The Global Water Intelligence Global Water Awards recognize the most significant achievements in the global water industry during the past year, and the Water Technology Company of the Year acknowledges the company that has made the most significant contribution in the field of water technology. Pump Engineering, a leading provider of centrifugal turbine energy-saving technology for seawater and brackish desalination applications, was selected as the Distinction Award winner for its considerable achievements in 2009, including doubling global market share and securing a contract for its energy recovery devices at the Magtaa desalination plant in Algeria. Pump Engineering’s success in 2009 culminated in the December acquisition by Energy Recovery Inc, creating one of the industry’s most comprehensive portfolios of energy recovery devices and fluid processing systems for SWRO desalination as well as for oil and gas processing.
In addition, Energy Recovery was also recognized for the integration of its PX devices into the Barcelona-Llobregat desalination plant, the winner of the Desalination Plant of the Year Award. Producing 200,000 m3/day of potable water for metropolitan Barcelona, the SWRO facility is the largest in Europe. By reducing the energy consumed during the SWRO desalination process by up to 60 percent, Energy Recovery is helping the Barcelona-Llobregat and other global facilities cost-effectively produce fresh, clean water.
“The Global Water Awards recognize industry visionaries and technology innovators, highlighting those companies and projects that set the standard for the global water industry to follow,” said Christopher Gasson, publisher of Global Water Intelligence. “Energy Recovery and Pump Engineering have long been two of the industry’s established leaders, so it is no surprise that the combined entity has been acknowledged for its cutting-edge technology achievements as well as for the practical application of its solutions. We applaud Energy Recovery and look forward to continued success from the company in 2010 and beyond.”
Energy Recovery's PX devices operate at up to 98 percent efficiency and reduce the energy consumption of SWRO systems by up to 60 percent, making desalination a cost-effective solution for clean water supply. PX devices also reduce the carbon footprint of desalination, saving more than 900 MW of energy and reducing CO2 emissions by more than 4.7 million tons per year worldwide. More than 10,000 of Energy Recovery’s devices are currently deployed or under contract to be installed at desalination plants across the globe. For more information about Energy Recovery's PX Pressure Exchanger technology, visit http://www.energyrecovery.com or send an email to info@energyrecovery.com.
About Energy Recovery Inc
Energy Recovery Inc (NASDAQ:ERII) designs and develops energy recovery devices that help make desalination affordable by significantly reducing energy consumption. Energy Recovery technologies include the PX Pressure Exchanger™ (PX™) device for desalination and the Turbocharger hydraulic turbine energy recovery device and pumps for desalination, gas and liquid processing applications. In total, Energy Recovery helps reduce CO2 emissions by more than 4.7 million tons per year and produce 1.6 billion gallons of potable water per day. The company is headquartered in the San Francisco Bay Area with offices in Detroit and in key desalination centers worldwide, including Madrid, Shanghai and the United Arab Emirates. For more information about Energy Recovery Inc, please visit www.energyrecovery.com.
_____________________________________________
more water stocks info:
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews. Visit the water stocks directory to research publicly traded water companies: http://www.investorideas.com/Water-Stocks/Stock_List.asp
Saturday, April 17, 2010
Water Stocks; Watts Water Technologies, Inc.(NYSE :WTS) Completes Acquisition of Blue Ridge Atlantic Enterprises
Water Stocks; Watts Water Technologies, Inc.(NYSE :WTS) Completes Acquisition of Blue Ridge Atlantic Enterprises
NORTH ANDOVER, Mass.--(http://www.investorideas.com/ water stocks newswire )-Watts Water Technologies, Inc. (NYSE :WTS) announced today that it completed the acquisition of Blue Ridge Atlantic Enterprises (BRAE) in a share purchase transaction.
BRAE is a leading provider of engineered rain water harvesting solutions and addresses the commercial, industrial and residential markets. BRAE’s rain water harvesting systems are an integral part of the Green movement to conserve water and can contribute up to 30% of LEED points available for Green buildings.
The acquisition of BRAE is a positive addition to the Watts Drainage platform as it expands our product offering and provides Watts with a source of expert knowledge for national and local codes. BRAE has annual revenues of approximately $2 Million.
Watts Water Technologies, Inc. is a world leader in the manufacture of innovative products to control the efficiency, safety, and quality of water within residential, commercial, and institutional applications. Its expertise in a wide variety of water technologies enables it to be a comprehensive supplier to the water industry.
Contacts
Watts Water Technologies, Inc.
William C. McCartney, 978-688-1811
Fax: 978-688-2976
_______________________________________
More water stocks info :
Investorideas.com and http://www.water-stocks.com/ are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews.
Visit the water stocks directory to research publicly traded water companies:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
NORTH ANDOVER, Mass.--(http://www.investorideas.com/ water stocks newswire )-Watts Water Technologies, Inc. (NYSE :WTS) announced today that it completed the acquisition of Blue Ridge Atlantic Enterprises (BRAE) in a share purchase transaction.
BRAE is a leading provider of engineered rain water harvesting solutions and addresses the commercial, industrial and residential markets. BRAE’s rain water harvesting systems are an integral part of the Green movement to conserve water and can contribute up to 30% of LEED points available for Green buildings.
The acquisition of BRAE is a positive addition to the Watts Drainage platform as it expands our product offering and provides Watts with a source of expert knowledge for national and local codes. BRAE has annual revenues of approximately $2 Million.
Watts Water Technologies, Inc. is a world leader in the manufacture of innovative products to control the efficiency, safety, and quality of water within residential, commercial, and institutional applications. Its expertise in a wide variety of water technologies enables it to be a comprehensive supplier to the water industry.
Contacts
Watts Water Technologies, Inc.
William C. McCartney, 978-688-1811
Fax: 978-688-2976
_______________________________________
More water stocks info :
Investorideas.com and http://www.water-stocks.com/ are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews.
Visit the water stocks directory to research publicly traded water companies:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Monday, April 5, 2010
Water News; Shrinking Aral Sea underscores need for urgent action on environment – Ban
Water News; Shrinking Aral Sea underscores need for urgent action on environment – Ban
Secretary-General Ban Ki-moon on visit to the Aral Sea
http://www.un.org/
Investorideas.com water stocks newswire - 4 April 2010 – Secretary-General Ban Ki-moon on Sunday witnessed one of the world's worst environmental disasters as he flew over the shrinking Aral Sea – a sight which he said underscores the need for collective action to save the planet's resources.
The Aral Sea, once the world's fourth largest lake, has in recent decades shrunk in size by more than 70 per cent after tributary rivers were diverted for irrigation projects. The salinity of the region's soil has soared and the area is also heavily polluted.
“It was shocking,” Mr. Ban told reporters in Nukus after a helicopter tour of the area with Prime Minister Shavkat Mirziyoyev of Uzbekistan, the latest stop on his visit to Central Asia.
“It is clearly one of the worst environmental disasters of the world... It really left with me a profound impression, one of sadness that such a mighty sea has disappeared,” he stated.
The Secretary-General said that, standing on the shores of a vanished sea, he could not see anything except a “cemetery of ships marooned in the sand.” As a result of the disaster, people are getting sick, the land is poisoned, and storms blow dust and salt as far as the North Pole.
“It was a vivid testament to what [...] happens [...] when we waste our common natural resources, when we neglect our environment, when we mismanage our environment.”
Speaking later at an official dinner in the capital, Tashkent, the Secretary-General noted that the aerial tour reminded him of flying over Africa's Lake Chad in 2008. “It, too, has shrunk to a small fraction of its former size, with disastrous effects on millions of people.
“I think this is a collective responsibility, not only for the nations of Central Asia but the whole world,” he said. “I was very encouraged by what I learned? all the measures the Government is taking to deal with the effects of the disaster.”
Mr. Ban voiced appreciation for the international fund for saving the Aral Sea which was initiated by the five leaders of Central Asia, and pledged the UN's assistance for their efforts.
“We should become better stewards in managing the environment,” Mr. Ban stated. “We must deliver this Planet Earth to our succeeding generations, so that they can live in a more hospitable, in a more environmentally sustainable way.
“That is a moral and political imperative,” he stressed.
While in Tashkent, the Secretary-General will meet tomorrow with President Islam Karimov and deliver a lecture at the University of World Economy and Diplomacy.
Mr. Ban's first official visit to Central Asia since becoming UN chief also included stops in Turkmenistan and Kyrgyzstan, and will take him next to Tajikistan and Kazakhstan.
Source http://www.un.org/apps/news/story.asp?NewsID=34276&Cr=Central+Asia&Cr1=
____________________________________________________
Investing in water info:
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews.
Visit the water stocks directory to research publicly traded water companies:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Secretary-General Ban Ki-moon on visit to the Aral Sea
http://www.un.org/
Investorideas.com water stocks newswire - 4 April 2010 – Secretary-General Ban Ki-moon on Sunday witnessed one of the world's worst environmental disasters as he flew over the shrinking Aral Sea – a sight which he said underscores the need for collective action to save the planet's resources.
The Aral Sea, once the world's fourth largest lake, has in recent decades shrunk in size by more than 70 per cent after tributary rivers were diverted for irrigation projects. The salinity of the region's soil has soared and the area is also heavily polluted.
“It was shocking,” Mr. Ban told reporters in Nukus after a helicopter tour of the area with Prime Minister Shavkat Mirziyoyev of Uzbekistan, the latest stop on his visit to Central Asia.
“It is clearly one of the worst environmental disasters of the world... It really left with me a profound impression, one of sadness that such a mighty sea has disappeared,” he stated.
The Secretary-General said that, standing on the shores of a vanished sea, he could not see anything except a “cemetery of ships marooned in the sand.” As a result of the disaster, people are getting sick, the land is poisoned, and storms blow dust and salt as far as the North Pole.
“It was a vivid testament to what [...] happens [...] when we waste our common natural resources, when we neglect our environment, when we mismanage our environment.”
Speaking later at an official dinner in the capital, Tashkent, the Secretary-General noted that the aerial tour reminded him of flying over Africa's Lake Chad in 2008. “It, too, has shrunk to a small fraction of its former size, with disastrous effects on millions of people.
“I think this is a collective responsibility, not only for the nations of Central Asia but the whole world,” he said. “I was very encouraged by what I learned? all the measures the Government is taking to deal with the effects of the disaster.”
Mr. Ban voiced appreciation for the international fund for saving the Aral Sea which was initiated by the five leaders of Central Asia, and pledged the UN's assistance for their efforts.
“We should become better stewards in managing the environment,” Mr. Ban stated. “We must deliver this Planet Earth to our succeeding generations, so that they can live in a more hospitable, in a more environmentally sustainable way.
“That is a moral and political imperative,” he stressed.
While in Tashkent, the Secretary-General will meet tomorrow with President Islam Karimov and deliver a lecture at the University of World Economy and Diplomacy.
Mr. Ban's first official visit to Central Asia since becoming UN chief also included stops in Turkmenistan and Kyrgyzstan, and will take him next to Tajikistan and Kazakhstan.
Source http://www.un.org/apps/news/story.asp?NewsID=34276&Cr=Central+Asia&Cr1=
____________________________________________________
Investing in water info:
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews.
Visit the water stocks directory to research publicly traded water companies:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Monday, March 22, 2010
Water- Stocks.com Presents Q&A Interview with Middlesex Water Company (NASDAQ:MSEX) for World Water Day
Water- Stocks.com Presents Q&A Interview with Middlesex Water Company (NASDAQ:MSEX) for World Water Day
Point Roberts WA, DELTA, BC –March 22, 2010 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents an interview with Mr. Dennis W. Doll , Vice Chairman, President and Chief Executive Officer of Middlesex Water Company (NASDAQ:MSEX) following the theme of World Water Day, March 22nd.
Water- Stocks.com Interview with Mr. Dennis W. Doll, Vice Chairman, President and Chief Executive Officer of Middlesex Water Company (NASDAQ:MSEX)
Q- Dawn Van Zant at Water-stocks.com
UN-Water has chosen ''Clean Water for a Healthy World" as the theme for World Water Day 2010. For investors that don’t know the history of Middlesex Water Company, can you give us a summary of how your company has played a key role in the water industry in the past, leading up to your current position in the sector?
A- Mr. Dennis W. Doll, Vice Chairman, President and Chief Executive Officer and of Middlesex Water Company (NASDAQ:MSEX)
The availability of a reliable supply of clean, safe drinking water is a major concern both on the global stage and locally and it’s an issue we take very seriously at Middlesex Water Company. Our company was incorporated in 1897 as a water utility primarily serving customers in eastern Middlesex County, New Jersey. Over time, our business, as well as the areas in which we operate, has grown and evolved. In addition to establishing a solid retail and wholesale revenue base in New Jersey, we entered into a public private partnership agreement with a major New Jersey city in 1998. We acquired other water and wastewater companies in New Jersey, and in 1992 expanded to Delaware where we acquired a 2,400 customer system which has since grown to more than 40,000 customers. We entered the regulated wastewater business in Delaware in 1995 (a key growth driver for the Company) and also added numerous additional water and wastewater contract operations to our portfolio. Presently, we are largely a New Jersey and Delaware company which just recently expanded its footprint to Pennsylvania through the acquisition of assets of a small system in that state. We differentiate ourselves from our peers in the industry in that we are one company offering developers, municipalities and small system owners a complete suite of services which includes water production and treatment, wastewater collection and treatment, full service contract operations and design/build/ownership and operation of assets. We are capable of providing these services as either a regulated utility or as a contract operator. We implement whatever business model best balances all the needs of the prospective customer. We have increasingly demonstrated our ability to grow the business profitably and we have the technical and operational expertise, financing capability and solutions-based philosophy that addresses present and future water and wastewater challenges.
Q- Dawn Van Zant at Water-stocks.com
In previous interviews on our site, water expert Mr. William Brennan noted that, “Water stocks are not recession proof but are recession resistant. “ In line with that, your corporate dividend history for investors is impressive, paying dividends since 1912. Can you explain some of the factors influencing performance of water stocks and expand on your dividend history to investors?
A- Mr. Dennis W. Doll, Vice Chairman, President and Chief Executive Officer and of Middlesex Water Company (NASDAQ:MSEX)
No one can argue that water is essential to life. In that regard, the growing opportunities in this industry through public private partnerships and outright sale of municipal assets, the need for long term investment to upgrade water infrastructure, the regulated utility business model and our growth profile, suggest that Middlesex Water could be an essential part of an investment portfolio for investors seeking reasonable and steady growth in earnings per share. While weather and the ability to obtain recovery through the regulatory framework of investments in utility infrastructure impact sector performance, we are well positioned to grow the company through organic growth (adding customers to new or existing systems), strategic and profitable acquisitions, regulated and non-regulated operating contracts and complementary products and services. Investors are also compelled by our robust dividend yield and Dividend Reinvestment and Stock Purchase plans. Middlesex Water has paid quarterly dividends for 97 years, and, in 2009, increased its dividend for the 37th consecutive year. We are proud of this strong dividend history, our record as a Mergent Dividend Champion and understand the importance of this dividend to our shareholders.
Q- Dawn Van Zant at Water-stocks.com
Water conservation and usage is a key issue in addressing global water issues. Middlesex Water Company just announced joining with the U.S. Environmental Protection Agency's (EPA's) WaterSense® program in promoting "Fix a Leak Week," March 15 through 21, 2010 to encourage residents to check household plumbing fixtures and irrigation systems for leaks. Can you expand on this initiative and others your company is involved in?
A- Mr. Dennis W. Doll, Vice Chairman, President and Chief Executive Officer and of Middlesex Water Company (NASDAQ:MSEX)
Water is a renewable resource and we are fortunate to enjoy an adequate supply of water in the areas in which we do business. But to ensure the availability of such resources well into the future we constantly encourage our customers to use water wisely. Our ongoing partnership with the Environmental Protection Agency’s WaterSense Program, of which Fix a Leak Week is one initiative, helps us to educate our customers about how to decrease indoor and outdoor water use through simple water-saving practices, available on our website www.middlesexwater.com, and WaterSense labeled water-efficient products. By the very nature of our business, we are an environmental steward, advocating for the protection of our watershed areas and the preservation of our natural resources. The Company is very involved in outreach to customers, local schools and municipal officials and in 2009 received recognition as a Green Leadership Award winner for its education efforts and commitment to renewable energy. We power 10% of the energy needs of our largest treatment plan in New Jersey with an onsite solar energy system, a demonstrated commitment to sustainable business practices, which gained our Company recognition as an Outstanding Green Business Leader in 2008. Electric power is one of the largest line-item costs for a water utility due to the fact that it requires a great deal of energy to treat water and to transport it over long distances through our distribution system. We are grateful that this successful project not only reduces operating costs but also, makes a contribution toward protecting our environment. Other initiatives include an active leak detection program, an ongoing effort to improve our business processes and use of technology, and our main cleaning and lining program, which is designed to cost-effectively upgrade our water infrastructure including water mains, valves and hydrants. These efforts are designed to improve services to our customers and improve shareholder value.
Q- Dawn Van Zant at Water-stocks.com
As a closing note, we frequently ask industry leaders in the water sector to address the critical need to pay attention to water investment in the cleantech space. Ceres.Org, released a report last year, “Water Scarcity & Climate Change: Growing Risks for Businesses & Investors", noting that water is an area that needs more attention. Can you give us your thoughts on this an executive in the industry?
A- Mr. Dennis W. Doll, Vice Chairman, President and Chief Executive Officer and of Middlesex Water Company (NASDAQ:MSEX)
As municipalities wrestle with increasing fiscal challenges, aging utility infrastructure, increasingly stringent water quality regulations and a transitioning workforce, the need to ensure the continual delivery of a reliable supply of safe drinking water will grow more complex, challenging and critical. While this presents opportunities for the investor-owned sector and therefore, opportunities for appropriate shareholder returns, it also highlights the need to better educate customers and residents about the true cost of providing reliable water and wastewater service, and the importance of infrastructure upgrades and replacement. Interest in the water space has continued to grow in recent years, both domestically and internationally. Regardless of the size and scope of any individual water system, we view this as a very local business, that directly influences the health and welfare of the residents served as well as the local economy. We believe strongly in the importance of maintaining relationships with our customers, local officials and regulators, ensuring our employees possess the tools and training to deliver quality service and providing solutions to municipalities and developers seeking answers to their water and wastewater challenges. Our strength lies in our expertise, our people and our vision for growth and these will contribute to shareholder value.
About Middlesex Water Company
Incorporated as a water utility in 1897, Middlesex Water Company (NASDAQ:MSEX) provides a full range of regulated and non-regulated water, wastewater utility and related services in parts of New Jersey, Delaware and Pennsylvania. Middlesex Water engages in collecting, treating, distributing and selling water for domestic, commercial, municipal industrial and fire protection purposes.
Visit the Middlesex Water Company (NASDAQ:MSEX) Showcase Profile on Investorideas.com and Water-stocks.com: http://www.investorideas.com/CO/MSEX/
For More info on World Water Day- Visit: www.worldwaterday.org
About Water-stocks.com Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space.
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts, interviews and a directory of public companies within the water sector.
Investors following the water sector can subscribe to the news feed at http://www.investorideas.com/RSS/feeds/Water-Stocks.xml.
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Middlesex Water Company (NASDAQ:MSEX) is an advertising showcase company on water-stocks.com and Investorideas.com. Please read compensation disclosure links below.
Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies MSEX, news submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp
For more info on Middlesex Water Company (NASDAQ:MSEX)
Bernadette M. Sohler
Vice President - Corporate Affairs
Bsohler@middlesexwater.com
732-638-7549
For More info on Water-stocks.com
Contact:
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com http://www.water-stocks.com/
Source: Water-Stocks.com, Investorideas.com
__________________________________________________
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews.
Visit the water stocks directory to research publicly traded water companies:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Point Roberts WA, DELTA, BC –March 22, 2010 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents an interview with Mr. Dennis W. Doll , Vice Chairman, President and Chief Executive Officer of Middlesex Water Company (NASDAQ:MSEX) following the theme of World Water Day, March 22nd.
Water- Stocks.com Interview with Mr. Dennis W. Doll, Vice Chairman, President and Chief Executive Officer of Middlesex Water Company (NASDAQ:MSEX)
Q- Dawn Van Zant at Water-stocks.com
UN-Water has chosen ''Clean Water for a Healthy World" as the theme for World Water Day 2010. For investors that don’t know the history of Middlesex Water Company, can you give us a summary of how your company has played a key role in the water industry in the past, leading up to your current position in the sector?
A- Mr. Dennis W. Doll, Vice Chairman, President and Chief Executive Officer and of Middlesex Water Company (NASDAQ:MSEX)
The availability of a reliable supply of clean, safe drinking water is a major concern both on the global stage and locally and it’s an issue we take very seriously at Middlesex Water Company. Our company was incorporated in 1897 as a water utility primarily serving customers in eastern Middlesex County, New Jersey. Over time, our business, as well as the areas in which we operate, has grown and evolved. In addition to establishing a solid retail and wholesale revenue base in New Jersey, we entered into a public private partnership agreement with a major New Jersey city in 1998. We acquired other water and wastewater companies in New Jersey, and in 1992 expanded to Delaware where we acquired a 2,400 customer system which has since grown to more than 40,000 customers. We entered the regulated wastewater business in Delaware in 1995 (a key growth driver for the Company) and also added numerous additional water and wastewater contract operations to our portfolio. Presently, we are largely a New Jersey and Delaware company which just recently expanded its footprint to Pennsylvania through the acquisition of assets of a small system in that state. We differentiate ourselves from our peers in the industry in that we are one company offering developers, municipalities and small system owners a complete suite of services which includes water production and treatment, wastewater collection and treatment, full service contract operations and design/build/ownership and operation of assets. We are capable of providing these services as either a regulated utility or as a contract operator. We implement whatever business model best balances all the needs of the prospective customer. We have increasingly demonstrated our ability to grow the business profitably and we have the technical and operational expertise, financing capability and solutions-based philosophy that addresses present and future water and wastewater challenges.
Q- Dawn Van Zant at Water-stocks.com
In previous interviews on our site, water expert Mr. William Brennan noted that, “Water stocks are not recession proof but are recession resistant. “ In line with that, your corporate dividend history for investors is impressive, paying dividends since 1912. Can you explain some of the factors influencing performance of water stocks and expand on your dividend history to investors?
A- Mr. Dennis W. Doll, Vice Chairman, President and Chief Executive Officer and of Middlesex Water Company (NASDAQ:MSEX)
No one can argue that water is essential to life. In that regard, the growing opportunities in this industry through public private partnerships and outright sale of municipal assets, the need for long term investment to upgrade water infrastructure, the regulated utility business model and our growth profile, suggest that Middlesex Water could be an essential part of an investment portfolio for investors seeking reasonable and steady growth in earnings per share. While weather and the ability to obtain recovery through the regulatory framework of investments in utility infrastructure impact sector performance, we are well positioned to grow the company through organic growth (adding customers to new or existing systems), strategic and profitable acquisitions, regulated and non-regulated operating contracts and complementary products and services. Investors are also compelled by our robust dividend yield and Dividend Reinvestment and Stock Purchase plans. Middlesex Water has paid quarterly dividends for 97 years, and, in 2009, increased its dividend for the 37th consecutive year. We are proud of this strong dividend history, our record as a Mergent Dividend Champion and understand the importance of this dividend to our shareholders.
Q- Dawn Van Zant at Water-stocks.com
Water conservation and usage is a key issue in addressing global water issues. Middlesex Water Company just announced joining with the U.S. Environmental Protection Agency's (EPA's) WaterSense® program in promoting "Fix a Leak Week," March 15 through 21, 2010 to encourage residents to check household plumbing fixtures and irrigation systems for leaks. Can you expand on this initiative and others your company is involved in?
A- Mr. Dennis W. Doll, Vice Chairman, President and Chief Executive Officer and of Middlesex Water Company (NASDAQ:MSEX)
Water is a renewable resource and we are fortunate to enjoy an adequate supply of water in the areas in which we do business. But to ensure the availability of such resources well into the future we constantly encourage our customers to use water wisely. Our ongoing partnership with the Environmental Protection Agency’s WaterSense Program, of which Fix a Leak Week is one initiative, helps us to educate our customers about how to decrease indoor and outdoor water use through simple water-saving practices, available on our website www.middlesexwater.com, and WaterSense labeled water-efficient products. By the very nature of our business, we are an environmental steward, advocating for the protection of our watershed areas and the preservation of our natural resources. The Company is very involved in outreach to customers, local schools and municipal officials and in 2009 received recognition as a Green Leadership Award winner for its education efforts and commitment to renewable energy. We power 10% of the energy needs of our largest treatment plan in New Jersey with an onsite solar energy system, a demonstrated commitment to sustainable business practices, which gained our Company recognition as an Outstanding Green Business Leader in 2008. Electric power is one of the largest line-item costs for a water utility due to the fact that it requires a great deal of energy to treat water and to transport it over long distances through our distribution system. We are grateful that this successful project not only reduces operating costs but also, makes a contribution toward protecting our environment. Other initiatives include an active leak detection program, an ongoing effort to improve our business processes and use of technology, and our main cleaning and lining program, which is designed to cost-effectively upgrade our water infrastructure including water mains, valves and hydrants. These efforts are designed to improve services to our customers and improve shareholder value.
Q- Dawn Van Zant at Water-stocks.com
As a closing note, we frequently ask industry leaders in the water sector to address the critical need to pay attention to water investment in the cleantech space. Ceres.Org, released a report last year, “Water Scarcity & Climate Change: Growing Risks for Businesses & Investors", noting that water is an area that needs more attention. Can you give us your thoughts on this an executive in the industry?
A- Mr. Dennis W. Doll, Vice Chairman, President and Chief Executive Officer and of Middlesex Water Company (NASDAQ:MSEX)
As municipalities wrestle with increasing fiscal challenges, aging utility infrastructure, increasingly stringent water quality regulations and a transitioning workforce, the need to ensure the continual delivery of a reliable supply of safe drinking water will grow more complex, challenging and critical. While this presents opportunities for the investor-owned sector and therefore, opportunities for appropriate shareholder returns, it also highlights the need to better educate customers and residents about the true cost of providing reliable water and wastewater service, and the importance of infrastructure upgrades and replacement. Interest in the water space has continued to grow in recent years, both domestically and internationally. Regardless of the size and scope of any individual water system, we view this as a very local business, that directly influences the health and welfare of the residents served as well as the local economy. We believe strongly in the importance of maintaining relationships with our customers, local officials and regulators, ensuring our employees possess the tools and training to deliver quality service and providing solutions to municipalities and developers seeking answers to their water and wastewater challenges. Our strength lies in our expertise, our people and our vision for growth and these will contribute to shareholder value.
About Middlesex Water Company
Incorporated as a water utility in 1897, Middlesex Water Company (NASDAQ:MSEX) provides a full range of regulated and non-regulated water, wastewater utility and related services in parts of New Jersey, Delaware and Pennsylvania. Middlesex Water engages in collecting, treating, distributing and selling water for domestic, commercial, municipal industrial and fire protection purposes.
Visit the Middlesex Water Company (NASDAQ:MSEX) Showcase Profile on Investorideas.com and Water-stocks.com: http://www.investorideas.com/CO/MSEX/
For More info on World Water Day- Visit: www.worldwaterday.org
About Water-stocks.com Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space.
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts, interviews and a directory of public companies within the water sector.
Investors following the water sector can subscribe to the news feed at http://www.investorideas.com/RSS/feeds/Water-Stocks.xml.
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Middlesex Water Company (NASDAQ:MSEX) is an advertising showcase company on water-stocks.com and Investorideas.com. Please read compensation disclosure links below.
Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies MSEX, news submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp
For more info on Middlesex Water Company (NASDAQ:MSEX)
Bernadette M. Sohler
Vice President - Corporate Affairs
Bsohler@middlesexwater.com
732-638-7549
For More info on Water-stocks.com
Contact:
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com http://www.water-stocks.com/
Source: Water-Stocks.com, Investorideas.com
__________________________________________________
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space. The new water news feed Water Stocks News at Investorideas.com and the global water stocks directory are two of the top tools available in addition to industry commentary and interviews.
Visit the water stocks directory to research publicly traded water companies:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
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