Tues., 12 Jan 2021 8:00 am
Pittsburgh, PA & Singapore - Evoqua Water Technologies, an industry leader in mission-critical water treatment solutions, today announced that it has received the 2020 Frost & Sullivan award for Competitive Strategy Innovation and Leadership for the Asia-Pacific water infrastructure market. The company was honored because of its long-standing reputation, expertise in sustainability, cost-effective solutions, and commitment to R&D.
In selecting Evoqua for this award, Frost & Sullivans global team of analysts researched a wide range of markets in multiple industries and regions to identify companies excelling in product strategies, including product quality, price/performance value, product differentiation, and breadth of product line. Specific criteria of the Frost & Sullivan research covered how Evoqua is differentiating itself from competitors based on innovation and creativity.
“It was a tough period for the water industry in recent years with pollution threats and overall dullness in new projects. Leading water companies lay out comparable business strategies and advanced digital treatment technologies, but Evoqua stands out in two aspects.”, said Melvin Leong, Director of Energy & Environment at Frost & Sullivan. “One, it aligns internal capabilities with market needs by providing solutions and services that matter to customers. Evoqua made a bold step by chartering an outsourced manufacturing plant in Singapore, one of the very few global water companies to do so in the region. The second aspect is the technology focus. The company is awe-inspiring with its cornerstone product, Ionpure, a continuous electrodeionization (CEDI) technology that is widely suitable to and accepted by Asia-Pacific customers.”
“Our Asia-Pacific team delivers an incredible amount of technical expertise, research, and dedication to provide innovative and sustainable solutions creating valuable customer experiences,” said Hervé Fages, Evoqua’s Executive Vice President and President of the Applied Product Technologies Segment. “We are proud to be recognized by Frost & Sullivan for our efforts in the Asia-Pacific market as we continue on our journey to provide essential water and wastewater treatment solutions to transform water and enrich life.”
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. To learn more, visit www.frost.com.
About Evoqua Water Technologies
Evoqua Water Technologies is a leading provider of mission critical water and wastewater treatment solutions, offering a broad portfolio of products, services and expertise to support industrial, municipal and recreational customers who value water. Evoqua has worked to protect water, the environment and its employees for more than 100 years, earning a reputation for quality, safety and reliability around the world. Headquartered in Pittsburgh, Pennsylvania, the company operates in more than 150 locations across nine countries. Serving more than 38,000 customers and 200,000 installations worldwide, our employees are united by a common purpose: Transforming Water. Enriching Life®.
DESOTEC, founded in 1990, is the leading European provider of mobile filtration solutions through a unique and circular service concept, which helps protect the planet by enabling clean water, air, and soil. DESOTEC's customer base is constantly growing thanks to a strong focus on 24/7 service and a commitment to design and deliver the best solution in close dialogue with the customer. Through in-depth expertise of industrial applications and continuous investment in mobile filters, reactivation capacity and well-positioned hubs, DESOTEC ensures that the industry can meet the increasing regulations for a better and cleaner environment. Private equity funds managed by Blackstone acquired DESOTEC in 2021. Further information is available at www.desotec.com.
Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $951 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com.