To: peter dumbrille who wrote (30 ) 2/22/2000 2:16:00 PM From: Dan Hamilton Read Replies (1) | Respond to of 71
Well it's not a big contract, but it is strategically significant. The market thinks it's ho hum though. I think everyone is just chasing the I.T. companies and couldn't be bothered right now with something boring like water treatment. But I know this puppy's day will come... Zenon's U.K. Office Announces Municipal Sewage Contract in the U.K 12:34 Tuesday, February 22, 2000 BURLINGTON, ONTARIO-- ZENON's licensee, PURAC Group, secures breakthrough contract to supply ZENON membranes for municipal sewage plant ZENON Environmental Inc. (TSE: ZEN, ZEN.A) announced its entry into one of the largest markets in the world for wastewater treatment. ZENON's U.K. office has won an order, valued at over $3 million, to supply ZENON's leading edge ZeeWeed(r) membrane technology for a municipal sewage plant in the United Kingdom. Construction of the new plant will begin later this year and will be operational in 2001. Once completed, the plant will service a community of 40,000 people. "We're very proud to announce that ZENON has penetrated one of the largest markets in the world for water treatment," stated Dr. Andrew Benedek, Chairman and Chief Executive Officer. "In less than a year since signing a licensing agreement with the PURAC Group, a division of Anglian Water, and opening our newest office in the U.K., we have been able to successfully enter the burgeoning U.K. market. This further endorses our innovative membrane-based technologies and affirms our expanding global presence." PURAC is one of the leading process engineering and contracting companies in Europe, specialising in municipal and industrial water and wastewater treatment. A division of Anglian Water Plc., geographically the largest English water utility, the PURAC Group has more than 40 years of broad international experience, and has over 2000 PURAC plants worldwide.