Vol 5, Issue 9 (September 2004)
Need to know
- CORPORATE NEWS
French communications and construction group Bouygues is expecting to announce a buyer for its water and services group Saur by the end of the month.
- DEALS
Algeria announced another private sector desalination project – its ninth by our count. The latest deal is for a 50,000m<sup>3</sup>/d SWRO plant at Jijel with bids due in October.
- DESAL PROGRESS
It was a good month for Poseidon Resources, the US desal plant developer which has been battling to get the go-ahead for three projects (see Tracker, p32).
- RESULTS
The tide seems to be turning on the Ionics share price after it hit a low point in May this year.
- VEOLIA STRIKES BACK
Domino Holding, a Veolia-led consortium, regained effective control over Paraná State Water Company (Companhia de Saneamento do Paraná – Sanepar) thanks to a 17 August High Court (STJ) ruling.
Analysis
- Saur point
The French firm probably won’t be crossing the channel.
- Tariffs on the move
The growth of the global water market will be decoupled from GDP growth. But just not yet.
General
- Bigger is better for German water supply
A new study of water supply in eastern Germany suggests consolidation is a good thing, but it also highlights a surprising link between state subsidies and energy efficiency.
- Concession success
A good performance by Agbar means that private sector participation is seen as the way ahead.
- Dealing with rate shock
US water and wastewater infrastructure needs up to $1 trillion of investment over the next 20 years. Utilities are learning to put rates up.
- Environment Agency raises WFD fears
80% of Britain’s waste discharges might not comply with the Water Framework Directive. It is going to cost a lot of money to put things right.
- French frustrations
Veolia and Suez both made a commitment to invest in Kazakhstan. The good intentions have disappeared into the sand.
- How much should water cost?
The price of water is clearly not driven by supply or demand.
- Insight - David Lloyd Owen
Is Northern Ireland’s Water GoCo a no-no?
- Kazakhstan takes the slow road
The economic indicators for the central Asian republic are strong. Alexander Danilenko looks at why this has yet to benefit the water sector.
- Local alternatives to state funds
The two key financial institutions for Mexico’s water sector, Banobras and the NADB, see lack of expertise rather than money as the main problem.
- Mexico: time to get serious
Mexico has long been a disappointment for private water companies and equipment suppliers. Innovative tax breaks and tougher environmental regulations look set to change that.
- North America starts to catch up
Tariffs in the US and Canada are very low. For how much longer?
- Ofwat ruling sparks appeals
Last month’s draft determinations have upset Thames and AWG. Will they complain to the Competition Commission if they don’t get their way in December?
- Shoaiba IWPP gathers momentum
Developers are evaluating the Shoaiba RFP. Most of them seem to like it.
- Sizing the global water market
GWI’s water pricing survey is an opportunity to estimate the size of the global water market by end user spend. Is half a trillion big enough?
- Tariffs: half way there
GWI’s 2004 water pricing survey shows a continuing shortfall in the level of tariffs charged to the consumer.
- The last NEWater project
Does Ulu Pandan mark a threshold in the Singapore utility market? Olivia Jensen investigates.
- The riddle of Jakarta
Why are Ondeo and Thames staying in the Indonesian capital? Frédéric Blanc-Brude investigates.
- UK equipment and engineering market looks up
A new study suggests Ofwat’s price determinations will be kind to industry suppliers.
- Waiting for regulation
The regulator has to win more confidence if it wants to fulfill its role.
Companies
- A growing desal portfolio
Although its roots are in the power business, IP is rapidly increasing its knowledge of desalination. A move into RO could be the next step.
- Buyers line up for Saur
Bouygues has had enough of its water firm. Who is in the running to take it on?
- Country bumpkin on the block
Saur has grown out of rural France to take water to the world. It has not made any major mistakes – but nor is it very profitable.
- IP looks to bounce back
After a slow start to 2004, International Power is aiming to bounce back in Qatar and Saudi Arabia.










