Xylem opens new sales office in Vietnam
HANOI, Vietnam -- June 13, 2012
Xylem Inc. (NYSE: XYL), a leading global water technology company focused on
addressing the world’s most challenging water issues, today announced that it
has opened a new office in Hanoi, Vietnam to promote and market its
technologies and solutions, and support the growth of its business in
Southeast Asia. Xylem’s expanded presence in the country is part of the
company’s long-term strategy to grow business within high-potential emerging
markets like Vietnam.
The team in Hanoi will focus on growing local business opportunities,
particularly in the water and wastewater treatment, wastewater transport,
irrigation, flood control and mining industries. The new base will also
implement professional development training programs for employees in order to
maximize business opportunities in the region. Xylem will continue to sell
through its distribution partners in Vietnam, as it has since 2004.
“We believe that a significant opportunity exists to grow our business within
Vietnam,” said Andy Rumary, managing director of Xylem Water Solutions Hong
Kong. “Our new base will enable us to work more closely with our locally based
distributors and partners in order to grow market share and develop sales and
aftermarket services opportunities for the business.
“In particular, we plan on expanding within the mining market; Vietnam holds
the world’s third largest bauxite ore reserves as well as significant coal
reserves that supply the southern Chinese market. As part of this, we will
expand our Flygt® and Godwin® dewatering business for the mining and water
pumping markets. Xylem’s Flygt and Leopold® brands are already well known
within the country – through our new presence we will introduce the portfolio
of Xylem’s other market-leading brands to Vietnam,” Rumary said.
Xylem (XYL) is a leading global water technology provider, enabling customers
to transport, treat, test and efficiently use water in public utility,
residential and commercial building services, industrial and agricultural
settings. The company does business in more than 150 countries through a
number of market-leading product brands, and its people bring broad
applications expertise with a strong focus on finding local solutions to the
world’s most challenging water and wastewater problems. Launched in 2011 from
the spinoff of the water-related businesses of ITT Corporation, Xylem is
headquartered in White Plains, N.Y., with 2011 revenues of $3.8 billion and
12,500 employees worldwide.
The name Xylem is derived from classical Greek and is the tissue that
transports water in plants, highlighting the engineering efficiency of our
water-centric business by linking it with the best water transportation of all
- that which occurs in nature. For more information, please visit us at
Louise Cassidy, +353.1.678.9333
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