Water. desalination + reuse

water.d+r Sept 2016

Water. Desalination + reuse

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4 The Quarterly September 2016 Water. desalination + reuse The Quarterly Research aspirations, a takeover bid, and new Middle East capacity For the latest news, visit www.desalination.biz AUSTRALIA Water research gets a boost A proposed new industry- led water research centre in Australia has passed its fi rst hurdle by being shortlisted for funding by the Australian government. Minster for industry, innovation and science Greg Hunt (below) shortlisted seven projects to deliver research aimed at boosting critical sectors of the economy as part of the government's AUD $653 million ($500 million) programme. Future Water CRC aims to foster research collaboration between industry and academia to develop new water technologies. $650m China Communications Construction Company has bid $650 million for IDE Technologies. "Things will be decided by meeting the buyer's and seller's expectation on price," IDE chief executive Avshalom Felber told Water. desalination + reuse. The target price is reportedly between $700m and $1 billion. IDE's owners, Delek Group and Israel Chemicals, have signalled a sale. Page 9

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