411 articles about "Suez"
Australia: Suez appointed Russell Cooper as head of its local services division.
The slowing of the rate of expansion of the international private water sector is primarily due to the demand side, but the supply side has also faltered.
September concluded one of the worst quarters in the last 50 years. Ending on a particularly sour note, several major blue-chip companies issued profit warnings that sent a shockwave through US markets.
The Egyptian government’s ambitious plans to open up new areas of the country to its rapidly expanding population are meeting with mixed success. A contract in the Suez Special Economic Zone (SEZ) involving Canadian firm SNC Lavalin has been suspended amid fears of far lower than predicted water demand. Meanwhile, plans to develop an independent water and power project (IWPP) in Sinai appear to have been put on hold.
The South African government has finally set out its plans for the water sector over the next decade and beyond. Much of the theory of the government’s strategy was set out in the 1998 National Water Act but it has taken four years to put the meat on the bones. Although the publication of the National Water Resource Strategy (NWRS) explains the means by which the nation’s water can most effectively be used, it does little to settle the debate over public versus private control of the water sector.
Companies seeking a position in the German water industry are likely to have rubbed their eyes in surprise when Gelsenwasser, Germany’s largest water supplier, appeared on a ‘must-divest’ list for energy conglomerate Eon last month.
A controversial project to reduce the Vivendi group’s stake of 63% in Vivendi Environnement (VE) to below 50% has been abandoned by the group’s chairman Jean-Marie Messier following intense pressure from the French president, Jacques Chirac, and directors of Vivendi Universal.
Most concessions in Morocco have linked water and wastewater services to power provision. Such a policy has provided a host of opportunities for Suez and Vivendi Environnement (VE) because of the disparate nature of their businesses. The two French companies are now firmly established in the North African country. Government water policy in the past has lacked an overall strategy but now seems to centre upon private sector participation in the main cities, and a number of major contracts have been offered over the past few years.
CHAIRMAN AND CEO OF SUEZ GÉRARD MESTRALLET, and Mikhail Gorbachev, president of Green Cross International (GCI) have signed a partnership agreement under which Suez will contribute its technical and financial support to a Volga river basin project carried out by GCI and UNESCO.
Welcome to February’s GWI. The global water industry continues to perform steadily, if unspectacularly.