News: AquaVenture IPO raises $117 million; Calgon completes $400 million credit line; LANXESS plans for increased RO manufacturing capacity; PUB seeks proposals for water tech development...

By Mike Henley


AquaVenture IPO raises $117 million

TAMPA, FL—AquaVenture Holdings Ltd., which operates Seven Seas Water and Quench, had an initial public offering (IPO) that raised $117 million before expenses in early October...

Calgon completes $400 million credit line

PITTSBURGH—Calgon Carbon Corp. said it has opened a new $400 million revolving credit line. At closing, $100 million of the funds were used to refinance an existing $100 million debt from Calgon’s previous credit line...

LANXESS plans for increased RO manufacturing capacity

COLOGNE/BITTERFELD, Germany—LANXESS expects to double its production capacity for making reverse osmosis membranes. The company said the expanded plant should be operational in the second half of 2017...

Singapore PUB seeks proposals for water technology development

SINGAPORE—The Singapore Public Utility Board (PUB) has begun seeking proposals to develop water treatment technologies. The PUB’s Request for Proposals would be funded by up to S$25 million (Singapore $) from Singapore’s National Research Foundation (NRF)...

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