Dow China buy heralds battle of the giants
- From: Vol 7, Issue 7 (July 2006)
- Category: General
- Region: Americas
- Country: China and United States
- Related Companies: Black & Veatch, CH2M Hill, Dow Chemicals, General Electric (GE), Siemens, US Filter, X-Flow, Zenon Environmental and Zhejiang Omex Environmental Engineering Ltd
Buying a Chinese UF membrane manufacturer puts the chemical company against the likes of GE and Siemens. Whoever wins will redefine the structure of the US water market.
Chemical giant Dow has bought Chinese ultrafiltration membrane specialist Zhejiang Omex Environmental Engineering Ltd., in a move which may have repercussions across the water treatment plant market. As things stand, the UF market is dominated by two vertically integrated companies – GE’s Zenon and Siemens’ US Filter – which both produce membranes and build plants. Dow is betting on the market ...
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