Israel’s IDE in Japan Talks to Build Floating Desalination Plant
Published on by Water Network Research, Official research team of The Water Network in Business
Israel'sIDE Technologies Ltd.is in talks with Japan's shipbuilders and government to design and build off-shore desalination plants, seeking to tap rising demand for alternate sources of short-term freshwater supply.
The maker of land-based desalination equipment wants to start delivering floating platforms to clients within three years, Udi Tirosh, a business development director at the Kadima-based company, said in an interview. IDE's ship-based designs could supply water for a city of 850,000 people and Japan's shipbuilders are among potential partners, he said.
The market for floating desalination plants may develop within a decade to as much as 400 billion yen ($3.9 billion) in annual sales as freshwater shortages and tighter environmental rules for land-based plants boost demand, according to a March 28 report by Deloitte Tohmatsu Consulting Co. IDE is in talks with companies from different countries, though the ones involvingJapanare most progressed, Tirosh said.
"We're in early stages on the commercial side," Tirosh said in phone interview on April 7, declining to specify which Japanese companies are in talks with IDE. ''We're advanced in the technical side.''
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