IDE Technologies News
25 articles
growth-positive
חברת ההתפלה IDE נערכת להצעת מכר והנפקה פרטית למשקיע זר
IDE, a water treatment engineering company, has signed an agreement with a foreign investment bank to promote a deal that will allow some institutional investors to realize their holdings. The controlling shareholder in IDE is Alpha Partnership, managed by Avshalom Felber and Amir Lang. IDE is establishing four projects that will generate revenue of $500 million in the coming year. However, the war may cloud its activities in several countries, including Morocco, Chile, and the Emirates.
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IDE Water Technologies Names Alon Tavor CEO of IDE Group Amid Organizational Changes Designed to Advance Strategic Projects
IDE Water Technologies Celebrates the Successful Launch of Bonaire's New Desalination Plant in Partnership with WEB Bonaire
IDE Water Technologies Secures MAXH2O Desalter Demo Installation for the Power Company Enel Generación Chile S.A.
IDE Water Technologies Launches Israel's First BWRO Treatment Facility
IDE Water Technologies Signs Agreement with Municipal Corporation of Greater Mumbai (MCGM) to Develop Project for Seawater Desalination Plant
growth-positive
IDE Technologies Wins Cherokee Metropolitan District's High-Recovery Water Reuse Bid
IDE Technologies has been awarded the Cherokee Metropolitan District wastewater Total Dissolved Solids (TDS) Reduction Project. IDEs MAXH2O-PFRO technology, an advanced high-recovery Reverse Osmosis (RO) solution, will be part of the districts Water Reuse project. The goal is to comply with a Colorado court order to lower TDS discharge. IDEs solution offers a single stage RO-based ultra-high recovery solution of up to 95%. The company was selected over strong competition and is confident that their solution will meet and exceed the districts high recovery requirements. IDE Technologies is a world leader in water treatment solutions and specializes in desalination and advanced water treatment.
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growth-positive
IDE Technologies Secures the EPC Contract for the Aconcagua Desalination Plant in Chile
IDE Technologies has been awarded the EPC contract for the Aconcagua Desalination Plant in Chile. The project involves the construction of a seawater reverse osmosis desalination plant with a capacity of 86,400 m3/day. The plant will provide a drought-proof source of fresh water for municipal, agricultural, industrial, and mining clients in the region. IDE Technologies has extensive experience in desalination and water treatment, with over 20 successful projects in Chile. The companys innovative design will meet stringent environmental requirements and regulations in Chile. IDE Technologies looks forward to partnering with Aguas Pacífico SpA in other regions of the country.
PartnersCustomers
growth-positive
IDE Technologies and Chem Process Systems are Partnering
IDE Technologies has announced a partnership with Chem Process Systems to provide customers with end-to-end zero liquid discharge solutions. The partnership will allow IDE to expand its activities in the Indian market and extend its global presence. Chem Process will benefit from IDEs membrane and thermal technologies, while IDE will be able to utilize Chem Processs evaporators and crystallizers. The partnership aims to address the water treatment needs of industrial clients in a competitive and creative manner. IDE is a world leader in desalination and water treatment solutions, while Chem Process specializes in heat transfer, evaporation, and crystallization solutions.
Partners
growth-positive
IDE Technologies Secures the Sorek B Tender
IDE Technologies has been announced as the winner of the Sorek B BOT tender in Israel, securing a contract for the design, finance, construction, operation, and maintenance of a 200 Million m3/year SWRO facility. The facility will be the largest desalination plant in Israel and one of the largest in the world. IDE Technologies offered an exceptionally low water price of 1.45 NIS (~USD 0.41/m3), which is expected to set a new benchmark for seawater desalination water prices globally. The companys advanced and innovative technologies, state-of-the-art design, and advanced modular design of the facility were key factors in achieving the competitive water price. IDE Technologies aims to propel the water treatment world forward and encourage the construction of more efficient and sustainable desalination facilities worldwide.
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growth-positive
IDE Technologies Secures the Sorek B Tender
IDE Technologies has been announced as the winner of the Sorek B BOT tender for the construction and operation of a 200 Million m3/year SWRO facility in Israel. The facility will be the largest desalination plant in Israel and one of the largest in the world. IDE Technologies offered an exceptionally low water price of 1.45 NIS (~0.41 USD), setting a new benchmark for seawater desalination water prices globally. The companys advanced and innovative technologies, state-of-the-art design, and modular elements contributed to achieving the competitive water price. IDE Technologies sees the win as a continuation of their recent successes in Asia and Latin America and believes it will encourage the construction of more efficient, sustainable, and low-cost desalination facilities worldwide.
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growth-positive
Israel's IDE Technology beats out China-based firm's desalinization plant tender
IDE Technologies has won a $1.5 billion tender to build the worlds largest seawater desalination plant in Israel. The plant, called Sorek B, is expected to produce 200 billion liters of desalinated water annually, accounting for a quarter of Israels overall water consumption. IDE Technologies will operate the plant for 25 years. The company beat a bid by CK Hutchison Holdings. The growing trade relations between Israel and companies tied to Beijing is a concern for the United States. Washington has been scrutinizing Israeli academic ties with China, including technology research and development. The Trump administration is urging Israel to reduce those ties.
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growth-negative
Delek Group brings forward sale of IDE stake
Delek Group is selling its 20% stake in IDE Technologies for NIS 170 million ($47 million), which is 20% lower than the $60 million it estimated it would receive by selling the stake in 2021. The buyer is Alfa Water Partners, which acquired 30% of IDE from Delek Group last year. The sale is being brought forward to enhance Delek Groups flexibility during the current market crisis.
Partners
growth-positive
IDE Technologies signs contract with Water- en Energiebedrijf Bonaire N.V. (WEB) and will provide state-of-the-art PROGREEN™ desalination plant
IDE Technologies has been awarded the contract to design and build a chemical-free desalination plant on the island of Bonaire. The project deepens the 30+ year relationship between IDE Technologies and Water- en Energiebedrijf Bonaire N.V. (WEB). The new plant will produce up to 5,600 m3/d of drinking water using IDEs proprietary reverse osmosis process without the use of chemicals. This expansion will bring Bonaire closer to producing all of its own drinking water. The construction of the plant is expected to be completed in July 2021.
Customers
growth-positive
IDE Technologies Ensures a White Winter with License of its Proprietary Vacuum Ice Maker Technology for Snowmaking
IDE Technologies has announced that it will be licensing its All-Weather Vacuum Ice Maker (VIM) technology to create high-quality snow in various weather conditions. The VIM technology ensures energy efficiency, environmental friendliness, and cost-effectiveness without the use of chemicals. This technology allows ski and snowboard resorts to increase snow production and extend their high season. It can produce over 1,000 tons of high-quality snow per day at all ambient temperatures. The VIM technology can also be used for deep mine cooling and energy storage. IDE Technologies has licensed the VIM technology to Zhuzhou Tianqiao Olympjoy Ice Technology Co., Ltd., a Chinese joint venture enterprise. This licensing agreement will benefit various industries by reducing energy consumption and operational costs.
Partners
growth-positive
IDE Technologies to Provide Reverse Osmosis Solutions for Singapore's Jurong Island Desalination Plant
IDE Technologies has been awarded the contract to deliver a reverse osmosis system for the Jurong Island Desalination Plant in Singapore. This will be Singapores fifth desalination plant and will have a capacity of 35.7 MGD. The plant will help meet Singapores water demand and positively impact the countrys water security. IDE Technologies specializes in desalination and water treatment solutions and delivers approximately 3 million m3/day of high-quality water worldwide.
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growth-positive
Delek sells 30% IDE stake for NIS 530m
Delek Group Ltd. has signed an agreement to sell a 30% stake in desalination company IDE Technologies for NIS 530 million. The deal reflects a company valuation of NIS 2 billion and is due to be completed in the first half of 2019. After the deal, Delek will retain a 20% stake in IDE.
Acquisition
growth-positive
Fortissimo Capital to Buy 30% of Water Treatment Company IDE
Fortissimo Capital has signed a memorandum of understanding to acquire 30% of Israeli water treatment company IDE Technologies Ltd. from Delek Group. IDE specializes in the development, engineering, construction, and operation of desalination and industrial water treatment plants. The acquisition will have a growth-positive impact on IDE Technologies Ltd. The deal involves a company valuation of $412 million, with Fortissimo Capital paying $40 million in cash and receiving seller financing from Delek Group for the rest. The event described in the article occurred on August 18, 2021.
Acquisition
N/A
https://www.waterworld.com/articles/2018/03/ide-technologies-to-open-2-wastewater-reuse-demo-facilities-in-california.html
The article does not provide any information about the company or any relevant events.
growth-negative
Israel Chemicals to Sell Fire Safety and Oil Additives Units for $1 Billion
Private equity firm SK Capital Partners LP has agreed to acquire ICLs fire safety and oil additives divisions. The sale is expected to close in the first half of 2018. ICL is selling these business units due to low synergies with its core mineral operations and as part of its strategy to focus on core business, reduce debt, and raise funds for new growth initiatives. ICL is also trying to sell its 50% stake in desalination and water treatment company IDE Technologies. ICL is controlled by its largest shareholder, Israel Corporation Ltd.
Acquisition
growth-positive
Turning the sea into drinking water
IDE Technologies, a company specializing in water treatment, is focused on providing access to clean, safe drinking water. Their Sorek Project in Israel is the largest and most advanced seawater reverse osmosis desalination plant in the world. The plant produces 624,000 cubic meters of water per day, supplying about 20% of Israels domestic usage. IDE Technologies aims to increase the energy efficiency of the desalination process and is working towards reducing power consumption to about 2.5 kilowatt hours per cubic meter. The company believes that technologies such as better motors, pumps, and overall plant design will contribute to creating sustainable water solutions.
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growth-positive
IDE plans more U.S. desalination plants after California success
IDE Technologies, in partnership with Poseidon Water, has opened a billion-dollar desalination plant in California and plans to build 10 more facilities throughout the United States. The newly opened plant in Carlsbad will provide drinking water for 300,000 households and help alleviate the areas water shortage. IDE is involved in three additional desalination plant projects in California, as well as plants in Texas and Florida. Desalination is seen as a promising solution to water scarcity, although it has ecological drawbacks. IDEs reverse osmosis system reduces the environmental impact compared to thermal-based systems. IDE also has desalination projects in India, China, and Israel, and expects the demand for desalination to increase globally.
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https://www.technologyreview.com/s/534996/megascale-desalination/
growth-positive
Israel Bringing Its Years Of Desalination Experience To California
The article discusses the use of desalination technology in Israel to address water shortages. It highlights the success of desalination in providing a plentiful supply of water and mentions IDE Technologies, an Israeli company that is building a desalination plant in California. The article emphasizes the importance of desalination as a last step in a comprehensive water management strategy, which includes repairing leaking pipes, promoting conservation, and recycling sewage water. The article also mentions the lack of centralized water management in the United States and the importance of proper pricing to encourage water conservation. Overall, the article has a growth-positive impact on IDE Technologies as it highlights the success and potential of desalination technology.
Customers
growth-positive
Israeli Company Helps San Diego With Water Needs
IDE Technologies, an Israeli company, has built a desalination plant in Carlsbad, California, which will start operating in November 2015. The plant will produce 50 million gallons of water per day, providing 7-10% of the San Diego regions needs. The project has been in development since 1998, with Poseidon Water conducting a feasibility study for the plant. The Water Authority entered into a 30-year performance-based purchase agreement with Poseidon Water in 2012. The goal of the desalination plant is to lower the future cost of water and ultimately make San Diego County water independent.
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