PUNE, India, July five, 2011 /PRNewswire/ -- Aquatech, a global leader in water purification for industrial and infrastructure markets, has designed a strategic purchase into WEX Technologies Private Limited, a primary provider of effectiveness h2o treatment method chemical compounds and services.
Founded in 2001, WEX is a broadly regarded chemical and solutions corporation targeted on the speedily rising Indian sector. WEX's chemical solution remedies handle programs for boilers, cooling towers, and reverse osmosis and thermal evaporator antiscalants and cleaners. Over the previous ten many years, WEX has professional steady expansion and has constructed an amazing consumer base, mainly in the electricity, petrochemical, and oil and gasoline markets.
Aquatech has built a majority investment into WEX, a privately owned supplier headquartered in Pune, India. "Aquatech has been focused on progress in India by offering modern and integrated technological options. Financial commitment into WEX will increase our power to create value to our customers by providing them a Complete Drinking water Management option. By doing work together, Aquatech and WEX can enable our clientele use a lot less water and optimize expense by managing their water consumption," reported Aquatech's Managing Director, Devesh Sharma. "Our labor can positively effect our client's h2o and vitality footprint and help save them cash flow as nicely."
WEX will go on to operate as an independent entity with the authentic founders, who are regarded and highly regarded veterans in the subject, continuing in their management capacities. Dhrubo Banerjee will proceed to be the Managing Director of WEX, and Aquatech will create new members to the Board of Directors of WEX in buy to produce synergies that will enable equally organizations to give full water cure remedies to their respective clients.
"This financial commitment by Aquatech will deliver WEX the necessary infrastructure and network to meet our accelerated expansion ideas and help WEX cater to the full spectrum of drinking water treatment must have for our clients," stated WEX Managing Director Dhrubo Banerjee.
For additional details make contact with: Shamita Sengupta at SenguptaS@aquatech.com or (91) twenty-6654-7000.
http://www.aquatech.com
http://www.wextech.co.in
About Aquatech
Aquatech is a world wide leader in h2o purification technologies for industrial and infrastructure markets with a concentrate on desalination, h2o reuse, and zero liquid discharge. The business enterprise is headquartered in the United States, and has a vital presence throughout the world thru subsidiaries in India, Europe, the Middle East, and China. Aquatech strives to give you Systems Leadership and Efficiency Excellence to the International H2o Market, and aims to support its customers with cutting edge Sustainable Remedies, minimizing their Lifestyle Cycle Price, as very well as their Carbon and Water Footprint.
This press release was issued via eReleases(R). For far more info, head over to eReleases Press Release Distribution at http://www.ereleases.com.
Source Aquatech
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