Investorideas.com newswire, breaking water news

Tuesday, November 30, 2010

Water Stocks News; Wescorp (OTCBB:WSCE) Announces 10,000 bpd H2Omaxx Unit Completion

CALGARY, ALBERTA - November 30, 2010 (Investorideas.com Water Stocks Newswire) - Wescorp Energy Inc. (OTC.BB:WSCE), a clean water technology company focused on implementing its low-cost solutions into several markets, with its initial focus on the oil & gas and marine industries, announced today that K-Line has completed substantial construction of Wescorp's 10,000 barrel-per-day H2Omaxx mobile hydrocarbon water remediation unit. K-Line has begun its internal testing of the H2Omaxx unit's components and systems. Once this component testing is complete, K-Line and Wescorp will jointly commission the unit in preparation for deployment in early January 2011.
Wescorp has contacted a number of potential clients and expects to announce by December 15th the initial demonstration placement site for the 10,000 bpd unit in order to demonstrate its commercial capability.
"This is an important milestone for Wescorp and the commercialization of our clean water technology," stated Robert G. Power, Executive Chair of Wescorp. "We believe the 10,000 bpd unit will prove scalability of our technology -- one of the most important steps for new technology to demonstrate."
This self-contained, mobile H2Omaxx unit is designed to be easily transported to remote locations and rapidly become operational on site, both for the purpose of demonstrating the technology and for actual use for commercial operations. The unit will have its own storage, separation and containment tanks, micro-aeration generators, firmware and computer automation technology to allow water remediation with minimal human supervision.
"As the manufacturer of the 10,000 bpd H2Omaxx unit, we are proud to play a role in Wescorp's success," stated Les Knight, President of K-Line Trailers Ltd. (www.klinetrailers.com). "K-Line will provide to Wescorp a customized trailer unit which will be fully self-contained, fully automated and capable of easy integration into a customer's operations. We have improved the physical operation of the unit and developed customized advance operating and communication software which is unique to the H2Omaxx technology," Knight further stated.
Benefits of H2Omaxx Technology
Based on its research and testing, Wescorp has determined that use of H2Omaxx will provide important cost benefits to the operator, as compared with the traditional multi-technology approach to remediate water, by significantly lowering both the operator's capital costs and its operating costs. Further, H2Omaxx is designed to introduce new revenue through the capture of barrels of oil for sale that would otherwise be subject to disposal.
In earlier tests and demonstrations, H2Omaxx has been proven to be a safe, effective, economical and environmentally friendly process for cleaning and separating oil and solids from water. Using Wescorp's nano-aeration technology, independent test results have shown it can reduce the oil content in produced water to less than 10 parts per million without the use of chemicals, filters or heat.
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is a clean water solutions company focused on implementing its superior yet low cost solutions into the oil and gas production industry.
Safe Harbor Statement
Any statements contained herein that are not historical facts may be forward-looking statements, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.
Investor Relations Contact:
Bibicoff + MacInnis, Inc.
Terri MacInnis, Dir. of Investor Relations
818-379-8500
terri@bibimac.com
Visit the WSCE showcase profile at Investorideas.com
Request News and Info on WSCE
Disclosure, Disclaimer/ WSCE is a paid advertising client on Investorideas.com and our water and renewable-energy portals (twenty five hundred from 3rd party plus stock options at .25)

Wednesday, November 24, 2010

Water Stocks News; Wescorp (OTCBB:WSCE) Converts $2.3 Million Of Debt To Equity

CALGARY, ALBERTA - November 24, 2010 (Investorideas.com Water Stocks Newswire) - Wescorp Energy Inc. (OTC.BB:WSCE), a clean water technology company focused on implementing its low-cost solutions into several markets, including the oil & gas and marine industries, announced today that it has completed the conversion of approximately $2.3 million of debt into common stock and warrants, with one share of common stock and one warrant to be issued for conversion of each $0.20 of debt, for a total of approximately 11.6 million shares and 11.6 million warrants. Each warrant is exercisable at $0.50 per share during years one and two, at $0.75 per share during year three, at $1.00 per share during year four, and at $1.25 per share during year five. The warrants expire after year five. The shares issued and the shares underlying the warrants are restricted shares that cannot be sold or otherwise transferred in the absence of a registration statement or other exemption under the U.S. Securities Act of 1933.
"In our letter to shareholders of October 19, 2010 we stated an objective to convert debt to equity, based upon Wescorp's plan to commercialize our H2Omaxx technology," stated Robert G. Power, Executive Chairman of the Board. "Removing this $2.3 million of debt from the balance sheet significantly strengthens the Company, and is a key step in our transition toward increased credibility with financial institutions and with the investing market place in general. On behalf of the Wescorp Board, I thank those debt holders who have so strongly demonstrated their support for our technology and our Company."
Wescorp also is converting additional portions of its existing debt to equity.
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is a clean water solutions company focused on implementing its superior yet low cost solutions into the oil and gas production industry.
Safe Harbor Statement
Any statements contained herein that are not historical facts may be forward-looking statements, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.
Investor Relations Contact:
Bibicoff + MacInnis, Inc.
Terri MacInnis, Dir. of Investor Relations
818-379-8500
terri@bibimac.com
Visit the WSCE showcase profile at Investorideas.com
Request News and Info on WSCE
Disclosure, Disclaimer/ WSCE is a paid advertising client on Investorideas.com and our water and renewable-energy portals (twenty five hundred from 3rd party plus stock options at .25)

Monday, November 8, 2010

Trading Update on Water Stocks; (OTCBB: WSCE) (NYSE:HEK), (NasdaqGM: PRMW)

November 8, 2010 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents a sector close-up on water stocks , featuring news and profiles on Wescorp Energy Inc. (OTCBB: WSCE), Heckmann Corporation (NYSE: HEK) and Primo Water Corporation (NasdaqGM: PRMW).

Water Stocks Sector close-up trading November 8th, 2010
  • American Water Works Company, Inc. (NYSE: AWK) trading at $24.61, down 0.20 (0.81%)
  • Heckmann Corporation (NYSE: HEK) trading up at $4.46, up 0.13 (3.00%)
  • ITT Corporation (NYSE:ITT) trading at $48.43, down 0.25 (0.51%)
  • Nalco (NYSE:NLC) trading at $29.86, down 0.21 (0.70%)
  • Pentair, Inc. (NYSE: PNR) trading, up 0.10 (0.77%) trading at 33.58 0.29 (0.86%)
  • Primo Water Corporation (NASDAQ:PRMW) trading at 13.06 0.11 (0.85%)
  • Watts Water Technologies, Inc. (NYSE: WTS ) trading 34.44, down 0.41 (1.18%)
  • Wescorp Energy Inc. (OTCBB: WSCE ) trading at $0.15
Recent water stocks news:
Heckmann Corporation�s Planned Acquisition of Texas Water and Wastewater Service Company to Significantly Expand Produced Water Business Capabilities
Leading produced water transportation and disposal company to add substantial disposal and transport capacity to Heckmann Water Resources� (�HWR�) operations in the Haynesville Shale Transaction expected to close in November 2010 and be immediately accretive to earnings Heckmann revenues expected to triple post transaction
Combined synergies of HWR and CVR enable expansion into other natural gas shale areas
Full news: http://finance.yahoo.com/news/Heckmann-Corporations-Planned-bw-812109250.html?x=0&.v=1
About Heckmann Corporation (NYSE: HEK) was created to buy and build companies in the water sector. Interested stockholders and investors can access additional information about Heckmann on the Company's web site at www.heckmanncorp.com, and in documents filed with the U.S. Securities and Exchange Commission, on the SEC's web site at www.sec.gov.
Featured Water Stock Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE)
Wescorp Energy Inc. (www.wescorpenergy.com) is a clean water Solutions Company focused on implementing its superior yet low cost solutions into the oil and gas production industry.
Investors can view the full company profile at http://www.investorideas.com/CO/WSCE/
Or visit the company website at http://www.wescorpenergy.com/
Recent Wescorp Energy Inc. (OTCBB: WSCE) news:
Water Stocks News; Wescorp (OTCBB: WSCE) Appoints Ken James, P.Eng. to its Board of Directors
Full News: http://www.investorideas.com/CO/WSCE/news/10051.asp
Primo Water Corporation (Nasdaq:PRMW) Announces Pricing of Its Initial Public Offering
WINSTON-SALEM , N.C., Nov. 5, 2010 - Primo Water Corporation (Nasdaq:PRMW) today announced the pricing of its initial public offering of 8,333,333 shares of its common stock at a price of $12.00 per share. The shares will begin trading today, Friday, November 5, 2010, on the NASDAQ Global Market under the ticker symbol "PRMW." Primo Water has granted the underwriters a 30 day option to purchase up to an additional 1,250,000 shares at the initial public offering price, less the underwriting discount, to cover over-allotments, if any.
Primo Water intends to use a portion of the net proceeds of the offering to purchase assets from Culligan Store Solutions, LLC and Culligan of Canada, Ltd. related to their business of providing reverse osmosis water filtration systems that generate filtered water for refill vending machines and store-use water services in the United States and Canada. The balance of the net proceeds will be used to repay indebtedness and redeem outstanding preferred stock.
Stifel Nicolaus Weisel is acting as sole book-running manager for the offering, and BB&T Capital Markets, Janney Montgomery Scott and Signal Hill are acting as co-managers.
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Investors following the sector can find research tools, news and global water stock directory to find opportunities within the growing sector. The stock directory features water stocks ranging from desalination companies to bottled water stocks, to infrastructure, water treatment and technology as well as other sub sectors.
Investorideas.com initiated a soft launch its new water newswire - www.waternewswire.com for World Water Week to increase its coverage in the sector.
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Disclosure/disclaimer -Wescorp (OTCBB: WSCE is a paid advertising showcase stock by a third party; 2500 per month plus 100, 00 stock options at .25). 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 Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com

Monday, October 18, 2010

Investorideas.com - New Oil and Gas Sources Require Innovation in Water

Investorideas.com - New Oil and Gas Sources Require Innovation in Water

The oil and gas industry produces billions of barrels of toxic water each year; Lux Research assesses companies and technologies that can treat this water

Category: Investment, Water, Energy

Visit this company: www.luxresearchinc.com

Boston, MA – October 18, 2010 (www.investorideas.com water stocks newswire) – Along with the crude oil and natural gas that fuels modern civilization, the energy industry brings nearly 233 billion barrels of wastewater from beneath the earth's surface every year. This so-called "produced water" can contain a variety of contaminants – from oil and grease to chemicals, microorganisms, and radioactive elements, and oil and gas producers need to treat this water before disposal or reuse. In its latest report, Lux Research surveys the challenges and opportunities associated with treating produced water, and identifies which technologies and developers are best positioned to address the task.

Titled "Water Technology Unlocks Future Oil and Gas Reserves," the report provides a comprehensive examination of the different contaminants, treatment technologies, and costs associated with treating produced water, and ranks 33 companies across 15 criteria to determine which are the most likely winners and losers.

"On top of the large volumes of produced water generated from day to day, there is also a great deal of variety in the contaminants from site to site," said Reka Sumangali, an analyst for Lux Research and the report's lead author. "Because of that variation, no technology provides a silver bullet that can treat every contaminant or application. Plus, most regulatory drivers focus on single contaminants; so there is little push to develop a cure-all technology."

In preparing its report, Lux Research interviewed dozens of technology developers and oil and gas companies in order to evaluate the available technologies for treating produced water. Based on these interviews and its extensive database of water industry players, Lux Research ranked and plotted technology developers on a grid measuring two axes: market value and technology value. It applied grids to four application areas: Onshore conventional oil, onshore unconventional oil, onshore unconventional gas, and offshore exploration. Among the report's key findings:

Regulation drives technology deployment. Technology providers and energy companies interviewed by Lux Research all agreed that regulations drive the use of new solutions, but regulations requiring more than basic treatment have not yet been established. That situation, however, is changing as regulatory environments in the Middle East, North Sea, and South America are all becoming stricter.
Accelerating membrane research is leading to new water treatment innovation. A wide range of technologies – including membranes, advanced oxidation, coagulants, and UV disinfection – can address the hydrocarbons, salts, solids, and microbes in produced water. But many of these contaminants can reduce a particular technology's ability to effectively treat other contaminants. One technology area that has seen notable research is ceramic membranes, which are more resilient to hydrocarbons, and easier to clean when fouling occurs.
Corporate partnerships provide the clearest growth opportunities. Partnering with a larger technology developer holds the most opportunity for smaller companies. Those that bring an established Technology or Market value to the table can enable a larger technology provider to extend its treatment train – merging, for example, a membrane company like H2O Innovation, an ion exchange company like Purolite, and an absorbant company like Gradek Energy, Abtech Industries or MyCelx Technology.
"Water Technology Unlocks Future Oil and Gas Reserves," is part of the Lux Water Intelligence service. Clients subscribing to this service receive ongoing research on market and technology trends, continuous technology scouting reports and proprietary data points in the weekly Lux Research Water Journal, and on-demand inquiry with Lux Research analysts.

About Lux Research

Lux Research provides strategic advice and on-going intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients. Visit www.luxresearchinc.com for more information.

Contact:

Carole Jacques
Lux Research, Inc.
617-502-5314
carole.jacques@luxresearchinc.com

Published at www.investorideas.com water stocks newswire, www.water-stocks.com and Investorideas.com energy stocks newswire. Research oil and gas remediation stocks and water stocks with Investorideas.com stock directories. Learn more: http://www.investorideas.com/membership/


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Published at www.Investorideas.com - Global research by sectors

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Friday, October 15, 2010

Cleantech Stock News; Semcan Inc. (TSX-V:STT ) Awarded $11.1 Million of New Business

Cleantech Stock News; Semcan Inc. (TSX-V:STT ) Awarded $11.1 Million of New Business

TORONTO, ONTARIO--(Marketwire - 10/15/10) - Semcan Inc. ("Semcan" or the "Company") (TSX-V:STT ) is pleased to announce that it has been awarded $11.1 million of new orders during Q3 and the early part of Q4 2010.

Of the $11.1 million in new orders, $6.7 million is in the Mining industry, $2.6 million is from the Oil and Gas industry, $1.0 million is in the Municipal Potable Water Market and $0.8 is from food processing.
The current backlog of confirmed orders is approximately $17 million compared with the backlog as at June 30th 2010 of $9.9 million.



Phil Jamieson, Chairman and CEO of Semcan, commented, "The award of these orders reinforces our belief that some of our traditional markets are recovering from the lows of late 2009 and early 2010. In particular, we are seeing a significant increase in the level of enquiries from the Mining and Municipal marketplaces.



About Semcan Inc.

Semcan is a supplier of industrial processes and environmental solutions with specific emphasis on water remediation and emission control systems to the North American markets.

Forward-Looking Statement Disclaimer
Caution Regarding Forward-Looking Information and Non-GAAP Measures
This news release contains certain forward-looking statements. These statements relate to future events or future performance and reflect management's current expectations and assumptions regarding the growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management's current beliefs and expectations and are based on information currently available to management of Semcan. In particular, statements regarding the future operating results and economic performance are forward-looking statements. Forward-looking statements involve significant risks and uncertainties. A number of factors could cause actual events or results to differ materially from the events and results discussed in the forward-looking statements, including risks outlined under "Risk Factors" in our Annual Information Form, which is posted at www.sedar.com. In evaluating these statements, investors should specifically consider various factors, including such risks as Investment Risk; Business Valuations; Condition of Capital Markets; Dependence on Key Personnel; General Economic Factors; Interest Rate Risk; Competition; and Reliance on Key Suppliers. One or more of these "Risk Factors" could cause actual events or results to differ materially from any forward-looking statement. These factors should not be considered exhaustive. Although the forward-looking statements contained in this press release are based on what management of Semcan considers to be reasonable assumptions based on information currently available to them, there can be no assurance that actual events or results will be consistent with these forward-looking statements, and management's assumptions may prove to be incorrect. These forward-looking statements are made as of the date of this press release, and none of Semcan nor its directors assumes any obligation to update or revise them to reflect new events or circumstances. Undue reliance should not be placed on forward-looking statements.



Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.



Contact:

Contacts:Semcan Inc.Phil JamiesonChairman(905) 875-5577

More water stocks info and water stocks research resources for investors: Visit the water stocks directory, one of the most comprehensive water stocks directory online- Publicly traded water companies on global stock exchanges: http://www.investorideas.com/Water-Stocks/Stock_List.asp


Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space.
Water stocks- become a showcase water stock at www.investorideas.com and www.water-stocks.com for as little as $1000 month !

Follow the Money in Water Stocks; News and IPO’s-; HaloSource Inc and VA Tech Wabag Ltd Show strong demand from Investors

Follow the Money in Water Stocks; News and IPO’s-; HaloSource Inc and VA Tech Wabag Ltd Show strong demand from Investors


News and Updates from Water Stocks; Mueller Water Products (NYSE: MWA), Two Rivers Water Company (OTCBB: TURV), Wescorp Energy Inc. (OTCBB: WSCE)

Point Roberts, South Salem, New York – October 15, 2010 - Investorideas.com, a leader in cleantech stock research tools issues an update on water stocks news and recent and pending listings in the sector.

The recent IPO and listing of VA Tech Wabag Ltd., (NSE:VATECH.NS) an Indian water treatment company, on the BSE, rose as high as 30.4 percent in its trading debut , following investor demand of 36 times the shares on sale of its IPO.



WABAG is one of the world’s leading companies in the water treatment field. WABAG’s key competences, which are based on over 80 years of plant building experience, lie in the planning, completion and operation of drinking water and wastewater plants for both the municipal and industrial sectors. http://www.wabag.com



HaloSource Inc, a clean water and antimicrobial technology company, completed an IPO on London's AIM exchange, selling $80 million in stock. The stock is expected to trade October 18th.



About HaloSource Inc

HaloSource will become recognized as the leading clean water and antimicrobial technology company, providing innovative solutions that benefit human health worldwide.

Founded in 2002 in Seattle, Washington, HaloSource has grown to be a worldwide company with offices and processing plants spanning the globe. At HaloSource, we are committed to enhancing the technology that drives the success of our partners’ products.

HaloSource is founded on a strong and rapidly expanding IP portfolio focusing on two core technologies; N-halamines and Chitosan. N-halamines harness the power of chlorine and bromine for drinking water and antimicrobial treatments, used in the HaloPure and HaloShield business units. Chitosan chemistry, used in the StormKlear and SeaKlear business units, binds sediments and other pollutants or impurities in water so they can be filtered out, for use in: recreational water, industrial water, construction site run-off and other wastewater or water recycling needs. http://www.halosource.com/


Other recent Water Stocks  News:

Water News; Two Rivers Water Company (OTCBB: TURV) Enters Into a Memorandum of Understanding for a Produced Water Feasibility Study

DENVER - October 15, 2010 (www.investorideas.com water stocks newswire, www.water-stocks.com) - Two Rivers Water Company (OTCBB: TURV), a company focused on acquiring and developing water, farming and alternative energy in southern Colorado Full news:
http://www.investorideas.com/news/water/10152.asp

Water Stocks; Mueller Water Products (NYSE: MWA) Announces Fourth Quarter and Full Year 2010 Earnings Release Date and Conference Call

ATLANTA - October 15, 2010 (www.investorideas.com water stocks newswire, www.water-stocks.com) - Mueller Water Products, Inc. (NYSE: MWA) will release financial results for its fourth quarter and full year ended September 30, 2010 on Tuesday, November 2, 2010 Full news :
http://www.investorideas.com/news/water/10151.asp


Water Stocks News; Wescorp (OTCBB: WSCE) Appoints Ken James, P.Eng. To its Board of Directors

CALGARY, ALBERTA - October 5, 2010 (Investorideas.com Water Stocks Newswire) - Wescorp Energy Inc. (OTC.BB: WSCE), a clean water technology company focused on implementing its low-cost solutions into several markets Full news:
http://www.investorideas.com/CO/WSCE/news/10051.asp


Showcase Water Stock
Wescorp Energy Inc. (OTCBB:WSCE) http://www.wescorpenergy.com/
is a clean water solutions company focused on implementing its superior yet low cost solutions into the oil and gas production industry.

Visit the showcase profile at Investorideas.com
http://www.investorideas.com/CO/WSCE/
Request info on Wescorp Energy Inc. (OTCBB:WSCE)
http://www.investorideas.com/Resources/Newsletter.asp


Investorideas.com and its leading water investor portal, www.Water-Stocks.com

are positioning to be a leading destination for cleantech investors researching the water space.

Visit the water stocks directory, one of the most comprehensive water stocks directory online- Publicly traded water companies on global stock exchanges: http://www.investorideas.com/Water-Stocks/Stock_List.asp



Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the renewable energy stocks directory and all cleantech stock directories. http://www.investorideas.com/membership/



About Our Green Investor content:

Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.

Solar Stocks Commentary with J Peter Lynch -Exclusively for InvestorIdeas.com and Renewableenergystocks.com: http://www.renewableenergystocks.com/PL/

Disclaimer/ Disclosure: (OTCBB: WSCE) is a paid advertising public company on Investorideas.com – twenty five hundred per month by third party plus stock options at .25. 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. All investment involves risk and possible loss of principal. 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 companies, news submissions and online advertising. Learn more

www.InvestorIdeas.com/About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp

For more information contact:

Dawn Van Zant 800.665.0411

Email: dvanzant@investorideas.com or Cali at cvanzant@investorideas.com



More water stocks info and water stocks research resources for investors: Visit the water stocks directory, one of the most comprehensive water stocks directory online- Publicly traded water companies on global stock exchanges: http://www.investorideas.com/Water-Stocks/Stock_List.asp Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space. Water stocks- become a showcase water stock at www.investorideas.com and www.water-stocks.com for as little as $1000 month !

Thursday, October 14, 2010

Water Stocks News; Indian Water Treatment company, VA Tech Wabag Spikes in Market Debut

Water Stocks News; Indian Water Treatment company,  VA Tech Wabag Spikes in Market Debut

-as reported by eco- business
Water Treatment Company VA Tech Wabag Jumps 30% in Mumbai Trading Debut


India, October 13 - VA Tech Wabag Ltd., an Indian water treatment company, jumped as much as 30.4 percent in its Mumbai trading debut after receiving demand for 36 times the shares on sale in its initial public offering.

The stock, which started trading at 1,662 rupees, rose 397.95 rupees to 1,707.95 rupees at the 3:30 p.m. close in Mumbai. It rose as much as 37.9 percent to 1,806.8 rupees in intraday trading from the offer price of 1,310 rupees a share in an IPO last month

full story- http://www.eco-business.com/news/2010/oct/13/water-treatment-company-va-tech-wabag-jumps-30-mum/



More water stocks info and water stocks research resources for investors:

Visit the water stocks directory, one of the most comprehensive water stocks directory online- Publicly traded water companies on global stock exchanges: http://www.investorideas.com/Water-Stocks/Stock_List.asp

 Investorideas.com and http://www.water-stocks.com/ are positioning to be a leading destination for cleantech investors researching the water space.

Water stocks- become a showcase water stock at www.investorideas.com and www.water-stocks.com for as little as $1000 month !