Hitachi to Promote Cooperation with Veolia Water Technologies

- Hitachi, Ltd. (TSE: 6501, "Hitachi") today announced that it has
reached an agreement and completed a memorandum with Veolia Water Solutions &Technologies SA ("Veolia Water Technologies") to promote cooperation on water infrastructureprojects. Based on this agreement, Hitachi will participate in water infrastructure projects that areexpected to be in increasing demand, mainly in emerging countries, thereby further acceleratingthe global rollout of its water environment solutions business.

The distribution of freshwater resources in regions throughout the world is extremely uneven, andthe absolute volumes of these resources are limited. This has given rise to concerns about waterrelated issues on a global scale - including the delicate balance between supply and demand -which have arising as a result of trends such as population increase, economic growth, globalwarming, urbanization, and pollution in the water environment. Hitachi has been devoting its
energies to the water environment solutions business as part of efforts to resolve these issues. Inrecent years, it has contributed to the maintenance and improvement of water environments byproviding comprehensive solutions for water infrastructures, including city and sewage watertreatment and seawater desalination, which have become the subject of intense demand,particularly in emerging countries. These solutions incorporate elements ranging fromcomponents and systems to Engineering, Procurement and Construction (EPC) and relatedservices.

Source

Media

Taxonomy

• Consumer Products
• Joint Venture