Pentair

Pentair Announces Quarterly Cash Dividend

Retrieved on: 
Monday, September 18, 2023

Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.22 per share on November 3, 2023 to shareholders of record at the close of business on October 20, 2023. 2023 marks the 47th consecutive year that Pentair has increased its dividend.

Key Points: 

Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.22 per share on November 3, 2023 to shareholders of record at the close of business on October 20, 2023. 2023 marks the 47th consecutive year that Pentair has increased its dividend.

Nanofiltration Membrane Market worth $1.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, September 11, 2023

Ceramic nanofiltration membranes have high abrasion resistance, making them suitable for harsh operating environments.

Key Points: 
  • Ceramic nanofiltration membranes have high abrasion resistance, making them suitable for harsh operating environments.
  • Ceramic nanofiltration membranes are used in various industries, including water treatment in oil sand mines, industrial wastewater treatment, and the food and beverage industry.
  • The operating conditions, including temperature, pressure, and pH, should be considered when selecting a nanofiltration membrane and designing the hollow fiber module.
  • 'North America is expected to be the second largest growing market for nanofiltration membrane during the forecast period, in terms of value.'

Nanofiltration Membrane Market worth $1.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, September 11, 2023

Ceramic nanofiltration membranes have high abrasion resistance, making them suitable for harsh operating environments.

Key Points: 
  • Ceramic nanofiltration membranes have high abrasion resistance, making them suitable for harsh operating environments.
  • Ceramic nanofiltration membranes are used in various industries, including water treatment in oil sand mines, industrial wastewater treatment, and the food and beverage industry.
  • The operating conditions, including temperature, pressure, and pH, should be considered when selecting a nanofiltration membrane and designing the hollow fiber module.
  • 'North America is expected to be the second largest growing market for nanofiltration membrane during the forecast period, in terms of value.'

Pentair Appoints Tracey Doi to Board of Directors

Retrieved on: 
Tuesday, August 1, 2023

Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, today announced the appointment of Tracey Doi to its board of directors effective August 15, 2023.

Key Points: 
  • Pentair plc (NYSE:PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, today announced the appointment of Tracey Doi to its board of directors effective August 15, 2023.
  • With her appointment to the Pentair plc board of directors, Ms. Doi will serve on the Company’s Audit and Finance Committee.
  • “As a seasoned Director and operational leader with skilled experience in strategic planning, finance, transformations, enterprise systems, and business analytics, Tracey brings expertise to the Board which will serve Pentair and its shareholders well.
  • We are delighted to have Tracey join our Board of Directors,” said David A. Jones, Pentair Chairman of the Board.

ETQ Builds Strong Momentum in Second Quarter as More Global Businesses Embrace Quality Management to Improve Business Outcomes

Retrieved on: 
Monday, July 31, 2023

BURLINGTON, Mass., July 31, 2023 /PRNewswire/ -- ETQ, part of Hexagon, today announced that it has continued its growth trajectory and achieved strong momentum in the second quarter of 2023, underscoring the positive impact that quality management is having on business outcomes. Among the highlights, the company released new product features of its ETQ Reliance NXG cloud-native quality management system (QMS), expanded its customer base, showcased the innovation excellence of some of its key customers, and increased its presence at leading industry forums.

Key Points: 
  • During the second quarter, ETQ released updates to its award-winning ETQ Reliance NXG® cloud-native quality management system (QMS).
  • In the second quarter, several long-time customers such as Keurig Dr Pepper, Pentair, SkyWater Technology and Emerson expanded their investments in ETQ Reliance.
  • ETQ hosted and participated in several industry events during the second quarter to showcase how quality management can be leveraged to reduce risk, achieve compliance and improve operational excellence.
  • ETQ was featured in several industry journals during the quarter, including Machine Design , Quality Magazine , Forbes and Today's Medical Developments .

ETQ Builds Strong Momentum in Second Quarter as More Global Businesses Embrace Quality Management to Improve Business Outcomes

Retrieved on: 
Monday, July 31, 2023

BURLINGTON, Mass., July 31, 2023 /PRNewswire/ -- ETQ, part of Hexagon, today announced that it has continued its growth trajectory and achieved strong momentum in the second quarter of 2023, underscoring the positive impact that quality management is having on business outcomes. Among the highlights, the company released new product features of its ETQ Reliance NXG cloud-native quality management system (QMS), expanded its customer base, showcased the innovation excellence of some of its key customers, and increased its presence at leading industry forums.

Key Points: 
  • During the second quarter, ETQ released updates to its award-winning ETQ Reliance NXG® cloud-native quality management system (QMS).
  • In the second quarter, several long-time customers such as Keurig Dr Pepper, Pentair, SkyWater Technology and Emerson expanded their investments in ETQ Reliance.
  • ETQ hosted and participated in several industry events during the second quarter to showcase how quality management can be leveraged to reduce risk, achieve compliance and improve operational excellence.
  • ETQ was featured in several industry journals during the quarter, including Machine Design , Quality Magazine , Forbes and Today's Medical Developments .

Pentair Reports Strong Second Quarter 2023 Results

Retrieved on: 
Thursday, July 27, 2023

Second quarter 2023 earnings per diluted share from continuing operations (“EPS”) were $0.93 compared to $0.92 in the second quarter of 2022.

Key Points: 
  • Second quarter 2023 earnings per diluted share from continuing operations (“EPS”) were $0.93 compared to $0.92 in the second quarter of 2022.
  • On an adjusted basis, the company reported second quarter 2023 EPS of $1.03 compared to $1.02 in the second quarter of 2022.
  • On an adjusted basis, the company reported segment income of $234 million for the second quarter of 2023, up 14 percent compared to segment income for the second quarter of 2022, and ROS was 21.6 percent, an increase of 230 basis points when compared to the second quarter of 2022.
  • Pentair paid a regular cash dividend of $0.22 per share in the second quarter of 2023.

Energy Recovery Announces Appointment of Refrigeration, Water Executives to Board of Directors

Retrieved on: 
Monday, July 10, 2023

(NASDAQ: ERII) today announced the appointment of refrigeration executive David Moon and water solutions leader Colin Sabol to its Board of Directors.

Key Points: 
  • (NASDAQ: ERII) today announced the appointment of refrigeration executive David Moon and water solutions leader Colin Sabol to its Board of Directors.
  • “With decades of combined global experience in management, commercial engagement, and technology, we look forward to their contributions to our innovation and growth.”
    Mr.
  • Before Xylem, Mr. Sabol enjoyed a 17-year tenure with General Electric, serving as Chief Marketing Officer for GE Water from 2002-2006.
  • This goal has been a passion of mine throughout my career, and I could not imagine a better place to further this shared vision.”
    For a full list of Energy Recovery Board of Directors members, please visit https://energyrecovery.com/about-us/board-directors/ .

LiqTech Announces Board Succession Change and Appointment of New Director

Retrieved on: 
Monday, June 26, 2023

Chairman Mark Vernon has announced that he will retire from the Board today after serving as a Director for more than 10 years and as Chairman for the past five years.

Key Points: 
  • Chairman Mark Vernon has announced that he will retire from the Board today after serving as a Director for more than 10 years and as Chairman for the past five years.
  • Alex is currently the President & CEO of Integrated Water Services and an independent director and Chairman of the Audit Committee of Energy Recovery.
  • Commenting on Mark Vernon's retirement, Fei Chen, Chief Executive Officer of LiqTech, said:
    "On behalf of our shareholders, the Board acknowledges with gratitude Mark's significant contribution to LiqTech over the past 10 years.
  • Further, LiqTech is pleased to announce that Mr. Martin Kunz has been appointed to the Company's Board of Directors with immediate effect.

Wastewater Treatment Services Market worth $80.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, June 19, 2023

Municipal segment to account for larger share in wastewater treatment services market, in 2022.

Key Points: 
  • Municipal segment to account for larger share in wastewater treatment services market, in 2022.
  • Operation & process control to lead wastewater treatment services market, during the forecast period.
  • The increasing population of the world is driving the demand for more wastewater treatment plants and services.
  • Also, the rise in demand for new wastewater treatment plants is supported by the building & construction installation services, globally.