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August 04, 2015 11:01 AM ET

Water Utilities

Company Overview of IDE Technologies Ltd.

Company Overview

IDE Technologies Ltd. provides sea water desalination and water reuse solutions in China, India, Australia, the United States, and internationally. The company specializes in the development, engineering, production, and operation of desalination and industrial solutions; and designs, builds, and operates sea water reverse osmosis desalination plants that provide water for use in industries, mines, refineries, and power stations, as well as for drinking water and agriculture. It offers thermal distillation products, including mechanical vapor compression and multi effect distillation units for producing boiler feed water from sea water; membrane desalination plants, such as reverse osmosis a...

Hamatechet Street

Hasharon Industrial Park

Kadima,  60920

Israel

Founded in 1965

Phone:

972 9 892 9777

Fax:

972 9 892 9715

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
Vice President and Chief Technology Officer
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.

IDE Technologies Ltd. Wins $75 Million Desalination Order in Asia

IDE Technologies Ltd. will supply Multi-Effect Distillation (MED) units to a private customer in Asia for $75 million. The MED units will boost the desalination plant's capacity and efficiency. Each MED unit can produce 24,000 cubic meters of fresh water a day. The units that will be supplied will boost the desalination plant's capacity to 232,000 cubic meters a day, save energy and water pretreatment costs. The units high automation and control systems also reduce the need for operating and maintenance personnel, lowering operating costs.

Similar Private Companies By Industry

Company Name Region
IDE Technologies Ltd. Middle East/Africa
Meniv Rishon Middle East/Africa
Via Maris Desalination Ltd. Middle East/Africa
Irikal Ltd. Middle East/Africa
Hagihon Ltd. Middle East/Africa

Recent Private Companies Transactions

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