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Microtox Acquisition Completed
The deal to acquire SDIX Water Quality division, including its Microtox® toxicity testing technology, was completed today. We would like to take this opportunity to welcome new colleagues in US and also thank existing customers and distributors for their continued support.
Modern Water acquires Microtox
We signed a deal today with SDIX in the US to purchase its water quality division, which includes its world-leading Microtox toxicity testing technology. This is fantastic news for the company and gives us the opportunity to develop our global monitoring product portfolio offering. The division posted revenues of US$4.79m in 2010 and we are buying the assets for US$4.5m. There are clear synergies between our existing portfolio of water monitoring products, as both Cymtox and Microtox use the same platform bioluminescent technology for water toxicity monitoring. We expect the acquisition to be finalised in December when we look forward to welcoming the staff from Microtox to our growing team.
Forward Osmosis paper to be presented at the International Water Conference
Modern Water’s Technical Director, Peter Nicoll will present a paper at the International Water Conference being held in Orlando next week. The title of the paper is ‘Forward Osmosis Applied to Desalination and Evaporative Cooling Make-up Water’.
Winners at the IChemE Awards 2011
We are delighted to have been awarded the top prize in the Water Management and Supply category at this year’s IChemE awards. Our desalination technology won the award in the category which recognises the best project or process to demonstrate innovation in water use, clean-up and re-use, with a particular emphasis on reducing environmental impact while preserving commercial viability. Professor Adel Sharif from the University of Surrey was present to accept the award on the night.
IChemE Award 2011
Shortlists for all ten IChemE 2011 team awards have been announced with Modern Water's desalination technology nominated in the Water Management and Supply category. The University of Surrey, where the technology was developed, will attend the ceremony in Birmingham, UK on 3 November at the 2011 IChemE annual dinner, hosted by television personality Hugh Dennis.
The IChemE awards are global in reach and recognise all aspects of chemical, process and biochemical engineering. Widely regarded as the most coveted industry awards throughout the process industries, IChemE Chief Executive David Brown says: “The IChemE awards go from strength to strength and it’s been another strong year in terms of entries. To be shortlisted for an award demonstrates high achievement and I offer my congratulations to all of the shortlisted participants.”
For more information about the annual dinner, visit www.icheme.org/awards
Aquatech Amsterdam 2011
BEST Instruments will be exhibiting our range of Cogent trace metal analysers at Aquatech Amsterdam from 1-4 November 2011. Please visit their stand 02.405 if you are attending the trade exhibition.
Aquatech Amsterdam is the world's leading trade exhibition for process, drinking and waste water.
International Desalination Association World Congress 2011
Peter Nicoll and Neil Thompson will be representing Modern Water at the IDA World Congress, being held in Perth from 4-9 September 2011. The congress will focus on desalination and water reuse and is entitled: “Desalination: Sustainable Solutions for a Thirsty Planet.”
Neil Thompson, Technical Development Manager, presents “Forward Osmosis Desalination: A Commercial Reality” and Peter Nicoll, Technical Director, presents “Manipulated Osmosis applied to Evaporative Cooling Make-up Water – Revolutionary Technology”.
Both papers will be available to download on the Modern Water website following publication at the Congress.
IMWA Congress, Aachen, Germany
We are key sponsors of the 2011 IMWA Congress: Mine Water – Managing the Challenges. Cogent will have a stand displaying the portable trace metal analyser, PDV 6000 plus. Both the on-line and on-site analysers are highly attractive to those working in the mining industry as they enable tighter process control and real-time decision making.
The congress will provide an opportunity for attendees to contribute to an exchange of ideas and opinions related to upcoming challenges in the field of mine water and share their expertise.
4th – 11th September 2011.
Stand at Surrey's Festival of Science and Engineering
We will have a stand at Surrey's Festival of Science and Engineering, taking place today at Brooklands in Weybridge. The festival is a showcase for local businesses to engage with secondary school pupils. The Modern Water stand will be conducting water experiments with a competitive edge, and often surprising results. Staff members will be on hand to discuss how to build a career in science and engineering. Come and say hello if you're in the area.
The world’s first fully commercial application of forward osmosis.
We have been awarded a contract to build and operate a desalination plant by Oman’s Public Authority for Electricity and Water (“PAEW”) at Al Naghdah in the Al Wusta region of Oman, capable of producing 200m3 of fresh water per day. The plant will be the world’s first fully commercial application of forward osmosis.
Neil McDougall, our Executive Chairman, said: “Winning this tender marks a key milestone for Modern Water and we would like to extend our appreciation to the Chairman and staff of the PAEW for supporting our technology. Forward osmosis has emerged as a hugely important technological step-change within the desalination industry, and Modern Water has shown how advanced the company is in this critical area.”
Cymtox Celebrated!
Cymtox has been celebrated at Cardiff University's Innovation Awards. The company, along with the University's School of Biosciences, was awarded the prize at a ceremony at the University in May 2011.
Nicola Randles, chief executive of Cymtox, said: “The work we have done and continue to do with Cardiff University to develop this new technology has proved extremely successful. Not only have we realised a unique product but we have developed a business which has created 30 jobs – which, in the current economic climate, is no mean feat. Units have been sold in China to monitor drinking water intake on river waters, and is presently being trialled in the UK.”
Full Year Results
Modern Water announces full year results to 31 December 2010.
Desalination Company of the Year
We have been nominated as ‘Desalination Company of the Year’ in the Global Water Intelligence (GWI) Global Water Awards 2011.
The nomination comes in recognition of the success of the Group’s patented manipulated osmosis (MO) process. In 2010, we successfully demonstrated a reduction of up to 30% in the amount of energy required in the desalination process at our plant in Al Khaluf, Oman.
Described as representing a new paradigm for the industry, our MO technology has been singled out for having broad implications across the industry.
The awards will be presented by Kofi Annan, former Secretary General of the United Nations, at a special ceremony to be held in Berlin on 18 April 2011 in conjunction with the Global Water Summit 2011.
Cymtox Continuous Toxicity Monitor CTM
We have secured further orders for our Cymtox Continuous Toxicity Monitor CTMTM units in China. This represents a significant boost for the Group’s newly established MW Monitoring division which includes the Cymtox technology and the recently acquired Cogent Environmental business. The new Chinese order is for 25 units and stems from a robust pipeline of potential orders, which follows previous sales in this important and influential region.
Cogent Environmental
We announce today the purchase of Cogent Environmental, a global provider of state-of-the-art environmental and process monitoring products, technologies and services. The acquisition represents an important strategic step for Modern Water’s existing water monitoring business, Cymtox, and significantly increases our offering in this developing market segment. As a result, Modern Water has established a new dedicated division, MW Monitoring, to consolidate our activities in the instrumentation and monitoring industry.
Please visit www.cogentenvironmental.co.uk for more information.
For enquiries click to contact Neil Townend by email or call 01483 696000.
New 'Company Overview' brochure
Our new 'Company Overview' brochure is available as a download and a hard copy. The brochure is a simple introduction to Modern Water. It covers our platform Manipulated Osmosis technology and its applications, as well as our complementary technologies of Cymtox and AguaCure.
The 2nd Annual Middle East District Cooling Summit
We will be presenting a paper entitled ‘Changing the economics of make-up water – manipulated osmosis delivers significant benefits’ at the 2nd Annual Middle East District Cooling Summit in Doha, Qatar on 30 November. The summit runs from 28-30 November 2010 at the Grand Hyatt, Doha.
The presentation will focus on Modern Water’s ground breaking patented technology of manipulated osmosis applied to evaporative cooling, and will cover the principles, operating results and the economics of the process.
Visit us at WWEM
Visit us at WWEM, 10-11 November 2010, Stand 5. We will be exhibiting our CTMTM Continuous Toxicity Monitor at the Water, Wastewater and Environmental Monitoring conference at the International Centre, Telford this year. We look forward to seeing you there.
The Water Contamination Emergencies Conference
We are exhibiting our toxicity monitoring technology at the WCEC in Mulheim, Germany, 11-13 October 2010.
The Water Contamination Emergencies Conference (WCEC) is a key event in the diary for Modern Water. We will be showcasing our CTMTM Continuous Toxicity Monitor, the only online real-time monitoring device currently available on the market. At the conference we are also presenting a paper reporting on our successful toxicity monitoring of Yangtze river water in China.
Please visit our stand if you are attending WCEC at the IWW Water Centre, Mülheim an der Ruhr, Germany between 11-13 October 2010.
Interim Results
Modern Water announces interim results to 30 June 2010.
New Website
Modern Water unveils new website.
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