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Stock Market & Financial Investment News

News Breaks
November 30, 2012
12:50 EDTXYLXylem wins contract for AOP technology to treat drinking water in South Korea
Xylem announced that it has won a significant contract to treat municipal drinking water for a new high-tech industrial zone in South Korea. The contract will involve using ultraviolet advanced oxidation process, or AOP, technology for the first time in a municipal drinking water system in the country. The water treatment facility will treat more than 26 million gallons per day, and will be the first step in the development of the new $3B Sihwa Multi-Tech Valley project, a government-backed regional industrial development initiative being implemented by the K-Water municipality. The new hub for the enterprise is due to be completed by 2016, and aims to attract high-tech industries across the IT, chemicals and R&D sectors.
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August 31, 2014
14:07 EDTXYLVertical Research Partners to hold a conference
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August 20, 2014
10:13 EDTXYLXylem wins $19.6M contract
Xylem announced that it has won a contract worth $19.6M to provide custom-made Flygt pumps for the Xayaburi run-of-river hydropower dam. The dam is located on the Mekong River in the town of Xayaburi. The construction of the dam allows water to be kept within the riverís course and minimally raises the water level to allow fish migration between the Upper and Lower Mekong, while providing electricity to about 1M people in Laos and 3M people in Thailand. Construction of the $3.5B hydropower dam began in 2012. Commercial operation is slated to begin in 2019.

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