Latest news with #watertechnology
Reuters
22-07-2025
- Business
- Reuters
UK's Pentair raises annual profit forecast on favorable market trends
July 22 (Reuters) - Water technology firm Pentair (PNT.F), opens new tab on Tuesday raised its adjusted profit forecast for the full year, citing its optimism over capitalizing on growing demand for water solutions and aging infrastructure across commercial and municipal sectors. The company now expects 2025 adjusted earnings between $4.75 and $4.85 per share, up from its previous view of $4.65 to $4.80 per share, versus analysts' estimate of $4.76 per share, according to data compiled by LSEG. "We are well positioned to capture opportunities from favorable secular trends in water availability, increased awareness of water challenges, aging commercial, public and municipal infrastructure, outdoor healthy living and favorable housing migration," CEO John Stauch said. Stauch added that the company is ready to capture higher demand once the residential market returns to growth. The UK-based company provides residential and industrial water technology products and services across 150 countries. It operates through three segments – Industrial & Flow Technologies, Water Solutions, and Pool. Pentair makes filtration products for a range of industries, along with water pump solutions used in flood control, fire suppression, and residential applications. It also produces pumps, heating systems, and LED lighting for swimming pools, as well as water filtration systems for household use. The company reported an adjusted profit of $1.39 per share for the quarter ended June 30, above analysts' estimates of $1.34 per share. Quarterly revenue rose 2.2% to $1.12 billion, in line with analysts' estimates. Pentair previously implemented price hikes and pre-purchased its inventory to offset any potential impact from President Donald Trump's tariff policies, while also taking steps to reduce its dependence on China for its supply chain needs.
Associated Press
17-07-2025
- Business
- Associated Press
Rainmaker Announces Successful Deployment of Another Fully Containerized Seawater to Tap System in Turks and Caicos
LAS VEGAS, NV - July 17, 2025 ( NEWMEDIAWIRE ) - Rainmaker Worldwide Inc. (OTC: RAKR), a global leader in water technology solutions, is thrilled to announce that its subsidiary, Miranda Water Technologies, has successfully deployed another fully containerized Seawater to Tap system in the Turks and Caicos Islands. The latest deployment is now fully operational at Northwest Point Condominiums in Providenciales. This cutting‑edge system draws directly from a deep saltwater well with salinity levels exceeding 40,000 PPM, which is even higher than the average salinity of most ocean water, typically around 35,000 PPM (NOAA). Over the past four months, the unit has produced over 2 million litres of high‑quality, remineralized drinking water, delivering reliable potable for both residents and guests. Designed for rapid deployment and operational flexibility, Miranda's fully containerized R/OCell(R) system integrates with SmartCell remote monitoring and is backed by strong local support. Rainmaker remains committed to enabling decentralized, energy‑efficient water infrastructures in remote and island communities worldwide. Chris Potts, Chairman of Northwest Point Condominiums, said: 'When I became Chairman, one of my first goals was to enhance our infrastructure. Access to fresh, safe drinking water was a top priority. With Miranda's system, we now have a reliable, remotely monitored and locally supported water source. The turnkey solution delivered exactly what we needed, and I'm extremely happy with the results.' Michael O'Connor, Chairman and CEO of Rainmaker Worldwide Inc., added: 'This deployment is a great example of how we combine proven international technology with strong local partnerships. While Miranda's system represents some of the most energy efficient and compact water‑purification capabilities in the world, its immediate success in Turks and Caicos was made possible by the outstanding support of Been Construction Ltd, our key implementation and service partner on the ground.' This installation marks another containerized Miranda system now operating in Turks and Caicos, reinforcing Rainmaker's ongoing push for resilient water infrastructure in the region. About Rainmaker Worldwide Inc. Rainmaker Worldwide Inc. (OTC: RAKR) is a global leader in providing innovative, energy-efficient water treatment technologies. Rainmaker's mission is to help solve the global water crisis through a range of products. Its Air-to-Water and subsidiary products, R/OCELL(R) and the patented Miracell(R) Rotating Biological Contactor (RBC) for wastewater treatment convert usable water from moisture in the air, seawater, and even wastewater, while supporting sustainability efforts worldwide. Rainmaker owns Miranda Water Technologies, a joint subsidiary with Viva Industries Inc. specializing in advanced water and wastewater treatment solutions. Miranda's portfolio includes membrane bioreactors, containerized reverse osmosis systems, and over 1,200 deployed systems across 40 countries. Together, Rainmaker and Miranda serve residential and commercial clients, with a focus on water reuse and conservation. For more information, visit About Miranda Water Technologies Miranda Water Technology, with headquarters in Ankara, Turkey, and Peterborough, Ontario, is an internationally recognized leader in biological water and wastewater treatment, as well as water reuse systems. As a subsidiary of Rainmaker Worldwide Inc. and Viva Industries Inc., Miranda specializes in advanced wastewater treatment solutions, featuring proprietary technologies like the Miracell(R) Rotating Biological Contactor (RBC) and the R/OCELL system, which converts seawater, contaminated, or brackish water directly into potable drinking water. Miranda delivers sustainable, efficient solutions, earning the trust of governments, businesses, and communities globally. Supported by a global network of distributors, dealers, and installers, Miranda's systems are available worldwide. For more information, FAQs, and the latest product updates, visit . For more information about Rainmaker visit . Media Contact: Rainmaker Worldwide Inc. Michael O'Connor, Chairman [email protected] Forward-Looking Statements Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Rainmaker's business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Rainmaker undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of, new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. View the original release on
Yahoo
19-06-2025
- Business
- Yahoo
STRABAG finalises deal to acquireWTE Wassertechnik
European technology group STRABAG has finalised transaction documents and signed a purchase agreement to acquire WTE Wassertechnik. WTE Wassertechnik is an environmental service provider engaged in planning, financing, construction and operation of projects related to water supply, wastewater disposal, sustainable sewage sludge treatment and energy recovery. This move follows the December 2024 agreement between Strabag and EVN to acquire WTE. The acquisition is set to expand Strabag's water technology capabilities and aligns with its Strategy 2030 objectives. The purchase price for WTE shares totals €100m ($114.9m), with additional shareholder loans being assumed. The acquisition will enhance Strabag's portfolio in integrated water management, with the combined business expected to generate an annual output of €400m. Strabag SE's Supervisory Board has approved the acquisition, which is currently awaiting various regulatory clearances, including antitrust approval. The closing of the transaction is anticipated within the next six months. Strabag engages in planning, design, construction, operation and facility management, and demolition. With 86,000 employees and a network of subsidiaries across Europe and other continents, the company has already made notable progress in water technology this year. Projects include a water treatment plant in Croatia and the preferred bidder status for the Haweswater Aqueduct Resilience Programme in the UK. In a related development, Cologne-based subsidiary Strabag AG has acquired Sandkamp Tiefbau, a German pipeline construction company. This acquisition includes the integration of all 25 Sandkamp Tiefbau employees into the Strabag team in Nordhorn and Gronau. "STRABAG finalises deal to acquireWTE Wassertechnik" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Arab News
16-06-2025
- Business
- Arab News
NEOM Energy and Water Company wins global recognition
Saudi Arabia's NEOM Energy and Water Company has been named first runner-up in the Innovative Research and Development Award (International Institutions category) during the fourth cycle of the Mohammed bin Rashid Al-Maktoum Global Water Award. The company was recognized for pioneering membrane-based crystallization technology that enables high-efficiency freshwater recovery and mineral extraction from brine. Held under the umbrella of the Mohammed bin Rashid Al-Maktoum Global Initiatives and supervised by the UAE Water Aid Foundation, the $1-million-award supports research institutions developing scalable, sustainable solutions to address global water scarcity through renewable energy and advanced technologies. The NEOM-developed system replaces traditional energy-intensive thermal evaporation with a membrane-based approach. Using forward-osmosis principles and specially engineered membranes, the technology enables the extraction of valuable minerals such as salt, lithium and bromine, while simultaneously recovering desalinated water from seawater or brackish brine. The system operates at just 7 kWh per cubic meter, compared to 75-80 kWh/ cubic meters in conventional thermal systems. The process begins with standard seawater reverse osmosis, where chemically embedded membranes capture more than 99 percent of targeted minerals. The brine then passes through a two-stage brackish water reverse-osmosis system that isolates and concentrates the minerals to a purity of 99.5 percent or more. The pilot plant, located at the Duba Desalination Plant in Saudi Arabia, operates at a capacity of 1,200 cubic meters per day and has demonstrated strong performance under real-world conditions, with a technology readiness level of six. Beyond reducing environmental impact and operating costs, the innovation has the potential to redefine the economics of desalination by enabling mineral recovery at scale. 'The global water crisis threatens health, food security and economic development. By investing in advanced water technologies and fostering collaboration among governments, the private sector and innovators, we can find effective, sustainable solutions for billions affected,' said Dr. Noura Chehab, head of the research and innovation team at the NEOM Water Innovation Center. 'Receiving this award recognizes our team's years of work and inspires us to continue advancing technologies that enhance ocean water use and help solve critical water challenges for a more sustainable future,' said Dr. Nikolay Voutchkov, executive director of the NEOM Water Innovation Center.
The National
23-05-2025
- Business
- The National
Pictures of the week: From umbrellas in Dubai to a flying cow in Switzerland
Name: Kumulus Water Started: 2021 Founders: Iheb Triki and Mohamed Ali Abid Based: Tunisia Sector: Water technology Number of staff: 22 Investment raised: $4 million Monday, January 28 Iran v Japan, Hazza bin Zayed Stadium (6pm) Tuesday, January 29 UAEv Qatar, Mohamed Bin Zayed Stadium (6pm) Friday, February 1 Final, Zayed Sports City Stadium (6pm) %3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20WallyGPT%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2014%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3ESaeid%20and%20Sami%20Hejazi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%3Cbr%3E%3Cstrong%3EInvestment%20raised%3A%20%3C%2Fstrong%3E%247.1%20million%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2020%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%20round%3C%2Fp%3E%0A %3Cp%3E%3Cstrong%3EArtist%3A%20%3C%2Fstrong%3EKhaled%3Cbr%3E%3Cstrong%3ELabel%3A%20%3C%2Fstrong%3EBelieve%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A EU fishing vessels guaranteed access to UK waters for 12 years Co-operation on security initiatives and procurement of defence products Youth experience scheme to work, study or volunteer in UK and EU countries Smoother border management with use of e-gates Cutting red tape on import and export of food %3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EEjari%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ERiyadh%2C%20Saudi%20Arabia%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EYazeed%20Al%20Shamsi%2C%20Fahad%20Albedah%2C%20Mohammed%20Alkhelewy%20and%20Khalid%20Almunif%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EPropTech%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%20%3C%2Fstrong%3E%241%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3ESanabil%20500%20Mena%2C%20Hambro%20Perks'%20Oryx%20Fund%20and%20angel%20investors%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E8%3C%2Fp%3E%0A Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi Directors: Tarzan and Arab Nasser Rating: 4.5/5 Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes Premier League-standard football pitch 400m Olympic running track NBA-spec basketball court with auditorium 600-seat auditorium Spaces for historical and cultural exploration An elevated football field that doubles as a helipad Specialist robotics and science laboratories AR and VR-enabled learning centres Disruption Lab and Research Centre for developing entrepreneurial skills Fewer criminals put behind bars and more to serve sentences in the community, with short sentences scrapped and many inmates released earlier. Greater use of curfews and exclusion zones to deliver tougher supervision than ever on criminals. Explore wider powers for judges to punish offenders by blocking them from attending football matches, banning them from driving or travelling abroad through an expansion of 'ancillary orders'. More Intensive Supervision Courts to tackle the root causes of crime such as alcohol and drug abuse – forcing repeat offenders to take part in tough treatment programmes or face prison. Who inspires you? I am in awe of the remarkable women in the Arab region, both big and small, pushing boundaries and becoming role models for generations. Emily Nasrallah was a writer, journalist, teacher and women's rights activist How do you relax? Yoga relaxes me and helps me relieve tension, especially now when we're practically chained to laptops and desks. I enjoy learning more about music and the history of famous music bands and genres. What is favourite book? The Perks of Being a Wallflower - I think I've read it more than 7 times What is your favourite Arabic film? Hala2 Lawen (Translation: Where Do We Go Now?) by Nadine Labaki What is favourite English film? Mamma Mia Best piece of advice to someone looking for a career at Google? If you're interested in a career at Google, deep dive into the different career paths and pinpoint the space you want to join. When you know your space, you're likely to identify the skills you need to develop. UAE coins Dh5 note Dh10 note Dh20 note Daniella Weiss and Nachala Described as 'the grandmother of the settler movement', she has encouraged the expansion of settlements for decades. The 79 year old leads radical settler movement Nachala, whose aim is for Israel to annex Gaza and the occupied West Bank, where it helps settlers built outposts. Harel Libi & Libi Construction and Infrastructure Libi has been involved in threatening and perpetuating acts of aggression and violence against Palestinians. His firm has provided logistical and financial support for the establishment of illegal outposts. Zohar Sabah Runs a settler outpost named Zohar's Farm and has previously faced charges of violence against Palestinians. He was indicted by Israel's State Attorney's Office in September for allegedly participating in a violent attack against Palestinians and activists in the West Bank village of Muarrajat. Coco's Farm and Neria's Farm These are illegal outposts in the West Bank, which are at the vanguard of the settler movement. According to the UK, they are associated with people who have been involved in enabling, inciting, promoting or providing support for activities that amount to 'serious abuse'. Mastery of audio-visual content creation. Cinematography, shots and movement. All aspects of post-production. Emerging technologies and VFX with AI and CGI. Understanding of marketing objectives and audience engagement. Tourism industry knowledge. Professional ethics. Sand storm Particle size: Larger, heavier sand grains Visibility: Often dramatic with thick "walls" of sand Duration: Short-lived, typically localised Travel distance: Limited Source: Open desert areas with strong winds Dust storm Particle size: Much finer, lightweight particles Visibility: Hazy skies but less intense Duration: Can linger for days Travel distance: Long-range, up to thousands of kilometres Source: Can be carried from distant regions Engine: Duel electric motors Power: 659hp Torque: 1075Nm On sale: Available for pre-order now Price: On request UAE fixturesMay 9, v MalaysiaMay 10, v QatarMay 13, v MalaysiaMay 15, v QatarMay 18 and 19, semi-finals May 20, final Director: Christopher McQuarrie Starring: Tom Cruise, Hayley Atwell, Simon Pegg Rating: 4/5 October 3: v Wuhan Jiangda Women's FCOctober 6: v Hyundai Steel Red Angels Women's FC October 9: v Sabah FA UAE coins Dh5 note Dh10 note Dh20 note AT4 Ultimate, as tested Engine: 6.2-litre V8 Power: 420hp Torque: 623Nm Transmission: 10-speed automatic Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800) On sale: Now A fraudulent investment operation where the scammer provides fake reports and generates returns for old investors through money paid by new investors, rather than through ligitimate business activities. Yadoo's House Restaurant & Cafe For the karak and Yoodo's house platter with includes eggs, balaleet, khamir and chebab bread. Golden Dallah For the cappuccino, luqaimat and aseeda. Al Mrzab Restaurant For the shrimp murabian and Kuwaiti options including Kuwaiti machboos with kebab and spicy sauce. Al Derwaza For the fish hubul, regag bread, biryani and special seafood soup. In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. Starring: Sydney Elizebeth Agudong, Maia Kealoha, Chris Sanders Director: Dean Fleischer Camp Rating: 4.5/5 %3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Ogram%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Karim%20Kouatly%20and%20Shafiq%20Khartabil%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20On-demand%20staffing%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2050%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3EMore%20than%20%244%20million%3Cbr%3E%3Cstrong%3EFunding%20round%3A%3C%2Fstrong%3E%20Series%20A%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EGlobal%20Ventures%2C%20Aditum%20and%20Oraseya%20Capital%3Cbr%3E%3C%2Fp%3E%0A Saturday (All UAE kick-off times) Cagliari v AC Milan (6pm) Lazio v Napoli (9pm) Inter Milan v Atalanta (11.45pm) Sunday Udinese v Sassuolo (3.30pm) Sampdoria v Brescia (6pm) Fiorentina v SPAL (6pm) Torino v Bologna (6pm) Verona v Genoa (9pm) Roma V Juventus (11.45pm) Parma v Lecce (11.45pm) Tonight's Chat is a series of online conversations on The National . The series features a diverse range of celebrities, politicians and business leaders from around the Arab world. Tonight's Chat host Ricardo Karam is a renowned author and broadcaster with a decades-long career in TV. He has previously interviewed Bill Gates, Carlos Ghosn, Andre Agassi and the late Zaha Hadid, among others. Karam is also the founder of Takreem. Intellectually curious and thought-provoking, Tonight's Chat moves the conversation forward. Facebook | Our website | Instagram Engine: 3.0-litre six-cylinder turbo Power: 398hp from 5,250rpm Torque: 580Nm at 1,900-4,800rpm Transmission: Eight-speed auto Fuel economy, combined: 6.5L/100km On sale: December Price: From Dh330,000 (estimate) Updated: May 23, 2025, 6:02 PM
