Insights

Sustainability is dead; resilience, dying. What next?

What is the new green buzzword that can be used to sell the water sector? I fear that the ones we have been using for the last decade and a half are both losing currency. “Sustainability” was great for the water sector because it just about summed up everything that we try to do. “Resilience” was also pretty powerful, particularly when trying to...

How Hyflux was brought down by its ambition

Singapore’s Hyflux filed for protection from its creditors earlier this week, as CEO Olivia Lum finally owned up to the fact that her pursuit of the Tuaspring integrated water and power project had all but destroyed the value in the company.

In a letter to shareholders, she explained that “depressed electricity prices in Singapore” had forced the...

When water chemical suppliers become DJs

Solenis pulled off a big deal today, combining its water treatment and paper manufacturing chemicals business with that of BASF in a joint venture which leaves it with 51% of the company. The combined business will have annual revenues of €2.4 billion, putting it just behind Kemira, which had revenues of €2.5 billion in 2017. The deal is thought to enable...

Is it time to get the hell out of contract ops?

Every April, GWI runs a survey of the US contract operations market. This year’s update is particularly dismal. It is time to ask whether this is a market which is working for anyone.

It isn’t just the fact that that the overall revenues of the top five players fell by 3.8% to $1.88 billion last year, or that there has not been any real growth in the market...

Twelve things I learned at the Global Water Summit

1) There is little gloom in water: Water professionals generally like to wallow in the miseries of low tariffs, under-investment, risk aversion and decaying infrastructure. This sense of desolation is somewhat superficial because beneath it all, we know that water is the only thing that mankind will still need in 5,000 years’ time. This year’s Global Water...

Is it just us, or is the market actually buoyant?

With ten days to go, this year’s Global Water Summit looks like it is going to be a monster. Registrations are 15% ahead of last year, and we are starting to worry about running out of space. What does this kind of thing say about the market?

Here are my thoughts:

1) The Global Water Summit correlates positively with opportunities in emerging markets and...