ZENON to build world's largest
ZeeWeedŽ plant in Singapore
OAKVILLE, Ontario, November 25, 2002 - The island of Singapore has started its conversion
to membrane based water filtration. ZENON Environmental Inc. (TSE: ZEN and
ZEN.A) will supply its ZeeWeedŽ membranes to a new 72 million gallon per day (273,000
cubic metres per day) drinking water plant, which will be one of the world's largest
membrane-based water treatment plants and will be built in Singapore.
Singapore's Public Utilities Board is in the midst of a major expansion of the nation's
water resources, in an effort to become self-reliant for their water supplies. As
the beginning of this development, they will upgrade the Chestnut Avenue Waterworks to
double the existing drinking water plant's capacity. Construction of the new water
treatment plant is expected to be complete by the end of 2003.
The new plant will be the largest ZeeWeedŽ installation to date with an order value of
approximately $10 million to ZENON. The contract was secured by the company's
licensee in Singapore, Hyflux, Ltd., a leader in integrated water management in the
region. Hyflux will supply the system equipment using ZENON's immersed membranes.
"ZENON's first water reclamation plant in Singapore positioned us strategically in
this country and was responsible for paving the way for larger, future contracts, such as
this," said Andrew Benedek, Chairman and Chief Executive Officer of ZENON.
"Our initial investment will prove worthwhile in the long term due to the
great market potential in the region."
According to Mr. Benedek, there should be no difficulty in meeting this demand as ZENON's
new manufacturing plant in Hungary will be on line by the end of this year. This new
facility will allow the company to double its current membrane production.
The ZENON group of companies employs over 800 people who operate from seven locations in
North America, six in Europe, and one in each of Asia, Latin America, and the Middle East.
A S&P/TSX Composite company, ZENON Environmental Inc. trades under the symbols ZEN and
ZEN.A.
Additional information is available at the Company's web site www.zenon.com.
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