Water. Desalination + reuse
Issue link: https://fhpublishing.uberflip.com/i/604344
BUSINESS November-December 2015 | Desalination & Water Reuse | 11 | NEw LG ChEm fILtEr pLaNt to drIvE markEt LEadErShIp BId South Korean chemical firm, LG Chem, has claimed its recently completed construction of a reverse osmosis (RO) water filter production plant in Korea will springboard its drive for global market leadership. LG Chem has invested some KRW 40 billion (US$ 33.7 million) in its plant at Cheongju, North Chungcheong province. "LG Chem will boost the capacity of the RO filters as the company aims to generate KRW 2 trillion (US$ 1.7 billion) in revenue from its water treatment-related businesses by 2020, which is equivalent to a 10% global share," said a company spokesman. Chief executive officer of LG Chem, Park Jin-soo, said: "LG has identified the water treatment business as its next growth engine." He said the firm had been making "all-out efforts with all its research and development capabilities to increase its foothold in the emerging market for water treatment. "With the newly built RO water filter plant, the company will try to tap into global markets and take the leadership in the global water treatment industry," he added. The company in April last year acquired US-based desalination technology company NanoH2O. Since that move LG Chem has developed commercial and industrial water filter technologies, and it has added to its global commercial capacity with sales and technical support offices in China, India, Brazil, Saudi Arabia, United Arab Emirates, Europe, Turkey, Korea and the US. The company said it has installed water treatment filters at around 400 desalination facilities in some 50 nations. The firm claimed that the reverse osmosis water filters to be rolled out at the Cheongju plant will have "30% improved performance compared to the existing water filtering technology." It said its filters for seawater, in particular, boast the industry's highest salt rejection rate, at 99.85%. Stw aNd SUNStoNE joIN to markEt zEro dISCharGE Water management firm, STW Water Process and Technologies, has expanded its role in its exclusive agreement with Sunstone Water Group to commercialize Sunstone's patented wastewater effluent treatment technology to provide direct potable reuse (DPR) in municipal markets. coRpoRate chaNges Maximum Recovery. Become a Partner: www.desalitech.com/partners Water professionals have gotten used to expensive compromises with reverse osmosis: excess water waste, high energy consumption and not enough flexibility. Those days are over. Next generation water treatment is here: ReFlex ™ reverse osmosis featuring CCD™ technology. ReFlex ™ reverse osmosis systems are built with standard components in a smart yet simple new way. Desalitech guarantees maximum water savings and waste water reduction, offering a recovery rate of up to 98% plus unmatched energy savings, reliability and flexibility. ReFlex ™ reverse osmosis products are saving costs in industrial and water reuse applications globally. Join us in changing the way the world treats water. Guaranteed. Sunstone will relocate its US manufacturing operation at STW's headquarters in Midland, Texas and will be a co-partner in a new joint venture