Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

 Information  X 
Enter a valid email address

Modern Water PLC (MWG)

  Print      Mail a friend       Annual reports

Thursday 20 April, 2017

Modern Water PLC

Sale of Seawater Desalination Technology in China

RNS Number : 7866C
Modern Water PLC
20 April 2017
 

 

 

 

 

20 April 2017

Modern Water plc

("Modern Water" or "the Company")

 

Sale of Seawater Desalination Technology in China

 

Modern Water plc (AIM:MWG), the owner of world-leading technologies for water and wastewater treatment and for water quality monitoring, announces that it has secured a sale of its proprietary Forward Osmosis ("FO") technology for seawater desalination to Hangzhou Water Treatment Technology Development Center Co. Ltd ("Hangzhou Water") in China.

The Company will license its patented FO technology and provide its extensive engineering know-how to Hangzhou Water, for use in a new 500m3/day seawater desalination plant, to be built at the Shengsi Seawater Desalination Base on Sijiao Island.

Hangzhou Water is one of the region's leading providers of water desalination and through its ultimate parent, the China National Chemical Corporation, is part-owned by the Chinese government.

Modern Water will receive licence fees in the short term; and commissioning fees for supervising commissioning of the plant; as well as selling Hangzhou Water specialised equipment and spares on a long term basis.  Hangzhou Water anticipates that the new desalination plant will be completed and commissioned into service in early 2018.

This is the first example of Modern Water's platform FO process being deployed in China.  In this case, the innovative technology is being used to produce desalinated water, where, compared to conventional processes, it will reduce membrane fouling and as a result, require less energy consumption.  The process inherently produces a high quality product water on a long term basis, with a double membrane barrier between the seawater and the desalinated water.  These advantages reduce the operating costs for Hangzhou Water, as well as helping to mitigate any environmental impact of the operation.

Simon Humphrey, CEO of Modern Water, commented: "The first sale of our Forward Osmosis desalination system in China, to an organization of Hangzhou Water's calibre, represents exciting progress for us.  We believe it is proof that our revised strategy to license our membrane technologies to high-quality industrial partners in key geographies is paying off.  Furthermore, it is a pleasing recognition of the benefits that our unique technology can generate in this globally important field. This deal, together with the other transactions recently announced, give us confidence the Membrane division will meet this year's market forecasts.

"We look forward to working with Hangzhou Water on this project and will continue to pursue further opportunities to commercialise the innovative technology we have created."

--Ends--

 

For further information please contact:

 

Modern Water plc

+44 (0)1483 696 000

Simon Humphrey, Chief Executive




 

W H Ireland (Nominated Adviser and Broker)

 

+44 (0)207 220 1666

Paul Shackleton


 

Tavistock (Public Relations)

 

+44 (0) 207 920 3150

Mike Bartlett / Andrew Dunn


                                                                                                             

Notes to Editors:

 

About Modern Water

Modern Water owns, installs and operates world-leading membrane technology and develops and supplies advanced systems for water monitoring.  Its shares trade on the Alternative Investment Market of the London Stock Exchange.

 

Modern Water has developed and commercialised world-leading patented Forward Osmosis desalination technology which can be used in a variety of industries. Its benefits include lower energy consumption, improved water quality and lower environmental impact. With a sales presence in almost 60 countries, the Group's Monitoring Division includes a leading real-time continuous toxicity monitor and trace metal analysers for monitoring the quality of drinking water.


www.modernwater.com 

                                                                                                     


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DISQKLFFDZFXBBQ

a d v e r t i s e m e n t