top of page

Gear & Accessories

Public·93 members
Yeremey Grishin
Yeremey Grishin

Suez Buys Ge Water



GE Water & Process Technologies is a worldwide leading systems and services provider for industrial clients, supplying state-of-the art water, waste-water and process systems solutions to blue-chip customers. GE Water & Process Technologies generated approximately $2.1 billion in revenues in 2016 with approximately 7,500 employees.




suez buys ge water



27 Year Of Water Treatment Equipment Experience. I have been blessed with the opportunity to learn from the ground up. Starting in the water treatment field as a service technician. Servicing all major brands of water treatment equipment.


Long-term demand for water treatment equipment, chemicals and services are expected to remain strong both as a consequence of growing water scarcity and the impact of global warming on the water cycle. Furthermore, there are increasing global concerns related to industrial wastewater and its impact on the environment which make advanced treatment of water an absolute necessity. In this context, CDPQ is looking to increase its exposure to the water sector and views this investment as a way to generate long-term value.


SUEZ is a French, publicly-listed industrial services and solutions company focused on water optimization and waste recovery. By teaming with SUEZ, CDPQ gains a strong partner which can help accelerate the growth and success of GE Water.


Suez SA (formerly Suez Environnement) is a French-based utility company which operates largely in the water and waste management sectors. The company has its head office in La Défense, Paris.[1] In 2015, all the group's brands became SUEZ.[2]


In April 2014, Suez Environnement signed 3 major water treatment contracts in India worth 61 million euros.[5] In July 2015, the group Suez Environnement simplified its name to become Suez, after the group GDF-Suez changed its name to Engie, leaving the name Suez available again.[6] In September 2015, Suez acquired Sembcorp's 40% stake in the companies' common joint-venture to provide water treatment and waste management in Australia.[7]


Veolia Water Technologies & Solutions (formerly SUEZ Water Technologies & Solutions) is a water technology company. It is part of Veolia Group and has operations in 130 countries in a variety of industries, including food and beverage, metals and mining, power, pharmaceutical, oil and gas, chemicals, petrochemicals, pulp and paper, and utilities.[1][2][3]


William H. Betz and L. Drew Betz founded Betz as a water purification business in Philadelphia, Pennsylvania, in 1925. It later became Betz Laboratories and then Betz International.[citation needed]


In 1996, Betz acquired the Grace Dearborn water-treatment and process chemicals business from W. R. Grace and Company At that time Dearborn had 2,500 employees and sales of $400 million per year, while Betz claimed 4,100 employees and $800 million in revenue.[4]In 1998, the combined BetzDearborn Inc. was acquired by Hercules Inc. for $2.4 billion in cash and $700 million in assumed debt.[5]


And that brings me to the real reason; this is a major flop to me. Just look at the market today: all the major water groups flourish in the industrial side of the market. To that extent, SUEZ was forward-looking with Nalco and the ONDEO business unit.


In North America, Veolia is already active in water and wastewater treatment, commercial and hazardous waste collection and disposal, energy consulting through its decarbonization offerings as well as resource recovery, including the recycling of wind turbine blades.


A subsidiary of Veolia Group, Veolia North America (VNA) offers a full spectrum of water, waste and energy management services, including water and wastewater treatment, commercial and hazardous waste collection and disposal, energy consulting and resource recovery. VNA helps commercial, industrial, healthcare, higher education and municipality customers throughout North America. Headquartered in Boston, Mass., Veolia North America has more than 7,000 employees working at more than 250 locations across the continent.


A graduate of the University of Pune with a Bachelor of Engineering degree in electronics, Yuvbir Singh joined General Electric (GE) in 1995, holding various engineering, sales and marketing roles. Between 2004 and 2015, he worked for GE Water, where he gained extensive knowledge of the water industry, played an integral role in a series of transformative acquisitions, and ultimately led the Engineered Systems team. In 2015, Yuvbir Singh was promoted to Vice President of the global locomotive business for GE Transportation, and as the Vice President of equipment in 2018.


About SUEZWith 90,000 people on the five continents, SUEZ is a world leader in smart and sustainable resource management. We provide water and waste management solutions that enable cities and industries optimize their resource management and strengthen their environmental and economic performances, in line with regulatory standards. To meet increasing demands to overcome resource quality and scarcity challenges, SUEZ is fully engaged in the resource revolution. With the full potential of digital technologies and innovative solutions, the Group recovers 17 million tons of waste a year, produces 3.9 million tons of secondary raw materials and 7 TWh of local renewable energy. It also secures water resources, delivering wastewater treatment services to 58 million people and reusing 882 million m3 of wastewater. SUEZ generated total revenues of 17.3 billion euros in 2018.


In recent years, the global water treatment chemicals market has been drastically reshaped by acquisitions -- some by leading players -- that are expected to have long-term implications in the industry. These transactions enable firms to broaden their product scopes, enter new geographic markets and create more comprehensive water treatment offerings for customers.


Share your water technology stories with usDo you have an innovation, research results or an other interesting topic you would like to share with the international water technology industry? The Aquatech website and social media channels are a great platform to showcase your stories!


PARIS - SUEZ has won two contracts in water distribution and network management in Udupi and Puttur, two cities in the Southern Indian state of Karnataka. These 12-year contracts, worth a total of $27 million, will ensure a continuous water supply to a population of 200,000 inhabitants.


ATLANTA - Mobile, on-demand water treatment solutions are valuable options for industries needing high-quality water in an emergency or for a scheduled outage. To better serve its customers in the Southeastern United States, SUEZ Water Technologies & Solutions is opening a new mobile water service center in Atlanta.


ST. PETERSBURG, Russia - At the 2018 edition of the St. Petersburg International Economic Forum, SUEZ CEO Jean-Louis Chaussade, and Rosneft vice-president Andrey Shishkin strengthened their working relationship with the signing of a strategic cooperation agreement (SCA). The agreement will further technology development and implementation of water, wastewater and waste programs at Rosneft refinery and petrochemical sites.


TREVOSE, Penn. - After completing an engineering and design study for a seawater sulfate removal unit (SRU) system to help protect production wells for its Johan Castberg project in Norway, Statoil awarded a consortium, led by SUEZ and Halvorsen TEC, the contract to supply the equipment and complete the project.


In early 2022, Veolia completed the acquisition (hostile takeover) of large parts of the business and contracts of its main competitor, Suez. The two French giants have dominated the global private water and waste management market, far ahead of all their other competitors, for years. They have been trying to expand the privatisation of these utilities internationally since the 1980s, often with the support of the French government and international financial institutions. They have succeeded in extending their reach, but they have also failed in many ways thanks to the vigilance of trade unions and civil society. In many countries, and particularly in their historical stronghold of France (Paris, Nice, Lyon, Grenoble...), a wave of water deprivatisation and remunicipalisation began to take place, which pushed them to change their strategy, particularly by insisting more on their technological solutions.


Veolia buys part of Suez's contracts and activities to strengthen its own position vis-à-vis the competition and vis-à-vis public authorities that are privatising or considering privatising their water or waste management.


Veolia acquires a de facto monopoly on certain technologies (e.g., wastewater treatment) and markets, which the group believes will become increasingly crucial in the context of the climate crisis and the scarcity of resources.


After acquiring Suez in its entirety, Veolia chose to keep parts of it and sell the rest to a consortium of financial institutions including Meridiam, Global Infrastructure Partners and the Caisse des dépôts et consignations. The purpose of this resale was to prevent the operation from being prohibited by the competition authorities. Veolia therefore built its own pseudo-competitor from scratch and brought in financiers with no real experience in the water and waste sector to take control.


Africa remains a minority in the activities of Veolia, which has lost historical contracts in many African countries (as recently in Gabon). Veolia remains only present in private water management in Morocco (Tangier-Tetouan and Rabat-Salé) and Niger, as well as in projects more focused on treatment technologies in Namibia and South Africa. The acquisition of part of Suez's activities will enable it to set out again to conquer the continent, probably relying mainly on technological arguments.


For the "new Suez", Africa is central. It represents half of its international activities, with important contracts in Morocco (Casablanca), in Senegal and a very large number of projects for the construction of treatment or water purification plants on the continent, mostly financed by development aid (as recently in Uganda). A few years ago, Suez tried to obtain the water management market in Kenya. 041b061a72


About

Welcome to the group! You can connect with other members, ge...

Members

bottom of page