Modern Water: Difference between revisions
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=== Membrane Process Division === |
=== Membrane Process Division === |
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[[File:Modern Water FO Plant Al Khaluf Oman.jpg|thumb|Modern Water's containerised forward osmosis desalination plant at Al Khaluf, Oman]] |
[[File:Modern Water FO Plant Al Khaluf Oman.jpg|thumb|Modern Water's containerised forward osmosis desalination plant at Al Khaluf, Oman]] |
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Modern Water owns a suite of patents that underlie a Forward Osmosis technology platform. At this time Modern Water has the first and only operational seawater desalination plants in the world using Forward Osmosis. |
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Modern Water has deployed Forward Osmosis as a platform technology to produce both desalinated water and evaporative cooling make-up water, with sites in Oman and Gibraltar. In fact, Modern Water is the only company in the world with a commercial Forward Osmosis plant which is located in Al Najdah in Oman. Construction of the plant was completed in September 2012 and it is now being operated by Modern Water. |
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Forward Osmosis has proven, depending on the application, to deliver significant operating and capital expenditure savings; reduced chemical consumption; robust fouling resistant membranes; and ultimately a lower carbon footprint than competing technologies. |
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The Membrane Process division uses its world-leading [[Forward osmosis | Forward Osmosis]] (FO) technology platform in a number of membrane processes including: [[ Desalination | desalination]], [[Cooling tower | evaporative cooling systems]], [[enhanced oil recovery | enhanced oil recovery]] and [[Osmotic power | hydro osmotic power]] (HOP). |
The Membrane Process division uses its world-leading [[Forward osmosis | Forward Osmosis]] (FO) technology platform in a number of membrane processes including: [[ Desalination | desalination]], [[Cooling tower | evaporative cooling systems]], [[enhanced oil recovery | enhanced oil recovery]] and [[Osmotic power | hydro osmotic power]] (HOP). |
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'''Michael Gradon - Senior Independent Non-executive Director''' <ref name=AR/> |
'''Michael Gradon - Senior Independent Non-executive Director''' <ref name=AR/> |
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Michael has over 25 years’ experience in senior commercial, management and legal positions. He spent 20 years at P&O and was a main board director for eight years until its takeover in 2006 by Dubai Ports World. His roles included group commercial and legal director, Chairman of P&O’s property business and Chief Executive Officer of its largest infrastructure project. He is a Non-executive Director of Exclusive Hotels, of Grosvenor Limited and of Aercap Holdings NV and a member of the committee of the All England Lawn Tennis Club and the Wimbledon Championships. |
Michael has over 25 years’ experience in senior commercial, management and legal positions. He spent 20 years at P&O and was a main board director for eight years until its takeover in 2006 by Dubai Ports World. His roles included group commercial and legal director, Chairman of P&O’s property business and Chief Executive Officer of its largest infrastructure project. He is a Non-executive Director of Exclusive Hotels, of Grosvenor Limited and of Aercap Holdings NV and a member<ref>[http://www.wimbledon.com/en_GB/about_aeltc/201205091336559042288.html About The All England Lawn Tennis & Croquet Club]</ref> of the committee of the All England Lawn Tennis Club and the [[The Championships, Wimbledon | Wimbledon Championships]]. |
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'''Mike Townend - Non-executive Director''' <ref name=AR/> |
'''Mike Townend - Non-executive Director''' <ref name=AR/> |
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Revision as of 09:40, 14 June 2013
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| Company type | Public (LSE: MWG) |
|---|---|
| Headquarters | Guildford, United Kingdom |
Key people | Neil McDougall, Executive Chairman Simon Humphrey, CEO |
| Revenue | £ 3,574 thousand (2012)[1] |
| £ (5,552) thousand (2012)[1] | |
| £ (5,413) thousand (2012)[1] | |
Number of employees | 50 - 100 (2012)[1] |
| Website | www.modernwater.com |
Modern Water owns, installs and operates world-leading membrane technologies and develops and supplies advanced systems for water monitoring. Managed by an executive team with impressive experience in the water industry, Modern Water is at the leading edge of new and important technology, which is vital to the future sustainability of the world’s most precious commodity.
Modern Water plc was first listed on the AIM submarket of the London Stock Exchange on the 12 June 2007[2].
Divisions
Membrane Process Division
Modern Water owns a suite of patents that underlie a Forward Osmosis technology platform. At this time Modern Water has the first and only operational seawater desalination plants in the world using Forward Osmosis.
Modern Water has deployed Forward Osmosis as a platform technology to produce both desalinated water and evaporative cooling make-up water, with sites in Oman and Gibraltar. In fact, Modern Water is the only company in the world with a commercial Forward Osmosis plant which is located in Al Najdah in Oman. Construction of the plant was completed in September 2012 and it is now being operated by Modern Water.
Forward Osmosis has proven, depending on the application, to deliver significant operating and capital expenditure savings; reduced chemical consumption; robust fouling resistant membranes; and ultimately a lower carbon footprint than competing technologies.
The Membrane Process division uses its world-leading Forward Osmosis (FO) technology platform in a number of membrane processes including: desalination, evaporative cooling systems, enhanced oil recovery and hydro osmotic power (HOP).
Monitoring Division
The Monitoring division has developed some of the world’s most advanced systems for monitoring and improving water quality. It brings together Modern Water’s market-leading acute toxicity monitoring systems for online, portable and lab use with global environmental and process monitoring products and technologies.
Directors
Neil McDougall - Executive Chairman [1]
Neil McDougall, who qualified as a chartered accountant, is a co-founder of the Group. As Executive Chairman, his main focus is to deliver value to the Company’s shareholders by shaping Modern Water’s growth strategy. He is also responsible for maintaining Modern Water’s relationship with the City. Neil is Chairman of Delagua and Delagua Health. Formerly Neil was Chairman of Mid Kent Water Group plc and Chairman and CEO of Cascal NV and a director of Biwater plc. Neil has worked extensively with private equity investors and infrastructure funds and other financial institutions.
Simon Humphrey - Chief Executive Officer [1]
Simon Humphrey is a co-founder of the Company and has been CEO since Modern Water’s inception in December 2006. Simon oversees the day-to-day running of Modern Water, ensuring the Company and its investments progress successfully. He brings a host of water industry and capital investment experience to the role, and travels to Modern Water’s sites internationally to ensure their smooth operation.
Michael Gradon - Senior Independent Non-executive Director [1]
Michael has over 25 years’ experience in senior commercial, management and legal positions. He spent 20 years at P&O and was a main board director for eight years until its takeover in 2006 by Dubai Ports World. His roles included group commercial and legal director, Chairman of P&O’s property business and Chief Executive Officer of its largest infrastructure project. He is a Non-executive Director of Exclusive Hotels, of Grosvenor Limited and of Aercap Holdings NV and a member[3] of the committee of the All England Lawn Tennis Club and the Wimbledon Championships.
Mike Townend - Non-executive Director [1]
Mike is the Chief Investment Officer at IP Group plc. He joined the IP Group's board as head of Capital Markets in 2007 from Lehman Brothers where he was Managing Director of European Equities and Head of Equity Sales to Hedge Funds. He has 20 years’ experience in equity capital markets and investment process and was also a key member of the senior relationship management programme at Lehman Brothers. Prior to this, he was an Executive Director at Donaldson, Lufkin and Jenrette with responsibility primarily for building the bank’s business with hedge funds and alternatives. Mike has sourced, co-led or led numerous private and public transactions. He is the IP Group representative on the boards of Modern Water plc, Evocutis plc and Revolymer plc. He is also a Non-executive Director of Green Urban Transport Ltd.
Robert Clarke - Non-executive Director [1] [4]
Robert, who qualified as a chartered accountant, has worked in the private equity industry for more than 20 years, first at Electra Partners and subsequently as a founding partner of Motion Equity Partners. Since leaving Motion Equity Partners in 2008 he has focused on using his experience to assist a variety of businesses in their development.
References
External links
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