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February 08, 2016 4:29 AM ET

Machinery

Company Overview of IDE Technologies Ltd.

Company Overview

IDE Technologies Ltd. provides water treatment solutions. The company specializes in the development, engineering, construction, and operation of desalination and industrial water treatment plants. It offers thermal and membrane desalination solutions; IDE PROGREEN modular plants, such as potable water series, high pure water series, and reverse osmosis (RO) modules for chemical-free RO desalination; industrial water treatment solutions that include produced water treatment, high salinity water treatment, cooling tower water treatment, and zero liquid discharge plans; and wastewater reuse solutions through sustainable advanced reclamation process technology. The company also operates as an e...

Hamatechet Street

Hasharon Industrial Park

P.O.Box 5016

Kadima,  6092000

Israel

Founded in 1965

Phone:

972 9 892 9777

Fax:

972 9 892 9716

Key Executives for IDE Technologies Ltd.

Chief Executive Officer and President
Age: 52
Chief Financial Officer and Executive Vice President
Chief Operations Officer and Executive Vice President
Chief Executive Officer of IDE Americas
Senior Executive Vice President
Compensation as of Fiscal Year 2015.

IDE Technologies Ltd. Key Developments

IDE Technologies Expands to Texas; Appoints Mark Ellison as Regional Director of Sales

IDE Technologies announced its expansion in the U.S. with its new office in Texas and a new appointment experienced in Texas’ water challenges. In his former position, Mr. Ellison worked for over 20 years with local, state and federal agencies and the industry on water-related projects in Texas, which had a strategic impact on the state’s economy. Mark Ellison, joining IDE as a regional director of sales, brings years of management and economic development experience in the water industry. Previously serving as manager of strategic water initiatives for Governor Rick Perry, Mr. Ellison is well-positioned to increase awareness and sales throughout Texas of IDE’s water desalination and industrial water treatment solutions.

Israel Chemicals To Sell Its Businesses

Israel Chemicals Ltd. (TASE:ICL) is looking to sell 50% stake in IDE Technologies Ltd. and also sell a number of businesses. The decision was made at Israel Chemicals board meeting on November 12, 2014, in Spain. Sources close to the matter have said that this decision does not indicate that there are negotiations underway at present, or that there is a buyer, rather, the decision is a theoretical one, and when and if a buyer should arrive, the company will begin negotiating terms.

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