Amiad Water Systems Ltd Amiad wins $1.67 million contract for significant (5843G)
July 02 2012 - 2:00AM
UK Regulatory
TIDMAFS
RNS Number : 5843G
Amiad Water Systems Ltd
02 July 2012
2 July 2012
Amiad Water Systems Ltd.
("Amiad" or the "Company")
Amiad wins $1.67 million contract for significant Israeli
desalination project
Ultra-filtration membrane protection to Mekorot's Ashdod
Desalination Plant
Amiad, a leading global producer of water treatment and
filtration solutions, is pleased to announce that it has signed a
contract, valued at $1.67m, to provide an Arkal Super Galaxy
automatic disc filtration system (SpinKlin R) for the protection of
ultra-filtration ("UF") membranes at the Mekorot Group's Ashdod
Desalination Plant (the "Plant"), which will be one of the largest
such facilities in Israel. The contract was awarded by IVM Minrav
Sadyt: a consortium including Minrav Holdings Ltd, an Israeli
infrastructure company, and SADYT, a Spanish construction business.
Mekorot Development Enterprise Ltd, a subsidiary of Mekorot,
Israel's national water company, will plan, build and operate the
Plant.
The Ashdod Desalination Plant, which is due to commence
operation in early 2013, will produce 100 million cubic metres of
water per year, accounting for approximately 15% of Israeli
domestic water consumption. It will be the fourth reverse osmosis
desalination plant to be built along Israel's Mediterranean coast,
which, in addition to a further plant due to become operational in
2013, will have a combined annual output of 540 million cubic
metres of water. Mekorot is also constructing a new National Water
Carrier of Israel, which will receive water from all of the
desalination plants. This will enhance the existing system, which
delivers water from the Sea of Galilee in the north of the country
to the highly populated centre and arid south, by enabling water to
be transported in all directions, which will improve the efficiency
of Israel's water use and regulation of supply.
Shimon Ben Hamo, Mekorot's CEO, commented: "For 75 years,
'Mekorot', Israel's National Water Company, has been developing
Israel's water economy and integrating advanced technologies for
seawater and brackish water desalination in its activities. The
desalination facility in Ashdod is an additional link in the long
chain of accomplishments in providing high-quality water with the
utmost reliability at all times and under all conditions. The
integration of filtration systems at the facility coincides with
the company's policy of technological development."
Amiad will provide a solution comprising of its polymer-based
Arkal Super Galaxy automatic self-cleaning disc filters. The system
will have a filtration degree of 100 micron and will be required to
withstand a flow rate of 40,000 cubic metres per hour. Amiad will
begin supplying the units from October 2012, with installation due
to occur in March 2013.
Arik Dayan, CEO of Amiad, said: "We are very proud that Amiad
has been chosen to participate in this significant project in
Israel. It provides further evidence of our industry-leading
position as well as the strength of our enlarged offering, which
now includes UF membrane protection for desalination. We look
forward to working with IVM Minrav Sadyt and Mekorot in bringing
this important development to fruition."
Enquiries
Amiad Water Systems Ltd.
-------------------------------------- -----------------
Arik Dayan, Chief Executive Officer
Amir Harel, Chief Financial Officer +972 4 690 9500
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Nomura Code Securities Ltd.
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Clare Terlouw, Giles Balleny +44 20 7776 1200
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Luther Pendragon
-------------------------------------- -----------------
Harry Chathli, Claire Norbury +44 20 7618 9100
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About Amiad
Amiad Water Systems (AIM: AFS) is a leading global producer of
automatic, self-cleaning water treatment and filtration products
and systems. Through its engineering skills and ability to
innovate, Amiad provides cost-effective "green" solutions for the
industrial, municipal, irrigation, oil & gas and ballast water
markets. In these segments its patented products are being
integrated into the core of systems for filtration and water
treatment, micro irrigation and membrane protection, wastewater and
potable water treatment, cooling systems and sea water
filtration.
Headquartered in Israel, Amiad provides these solutions through
nine subsidiaries and a comprehensive network of 170 distributors
to customers in more than 80 countries.
For additional information or product details, please visit
www.amiad.com
About Mekorot
Mekorot - Israel's National Water Company - has been providing
solutions and regular, reliable, high-quality water to Israel's
water industry for 75 years. Its water supply system comprises
3,000 facilities throughout the country, integrates most of the
regional water plants and combines water from various sources: the
Sea of Galilee, Mountain Aquifers and Coastal Aquifers, as well as
drillings and desalinated sea and brackish water.
Mekorot is a unique company worldwide due to its variety of
operations: water supply to all sectors, to the Palestinian
Authority and the Jordanian Kingdom; production and integration of
water from multiple sources in the national system; water security;
constant water quality improvement - the Central Filtration Plant -
the fourth largest in the world - positions Israel at the forefront
of water treatment in the western world; wastewater treatment and
water reclamation of about 60% of Israel's treated wastewater;
desalination of brackish and sea water through 32 facilities; storm
water catchment; and rain enhancement.
Mekorot places high value on sustainable development and on
advancing and implementing innovative technologies. WaTech(R) - the
company's Water Technology Entrepreneurship Center - provides a
platform for partnerships between Mekorot and start-ups,
entrepreneurs, academicians and established companies.
Mekorot Group includes the parent company - Mekorot Water
Company - and two subsidiaries: EMS Mekorot Projects and its
international business arm - Mekorot Development and
Enterprise.
Mekorot is the only company in Israel to be credited with the
AAA rating by Ma'alot Standard and Poor's for over 10 years in a
row.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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