Retrieved from: Wall Street Journal
“The Singapore International Water Week 2012 shines its spotlight on the emerging global industrial water sector and sets the stage to accelerate the commercialisation of innovative water technologies that address the world’s most pressing water challenges.
“To be held from 1 to 5 July this year at the Sands Expo & Convention Center, Marina Bay Sands, the fifth edition of Singapore International Water Week provides the global platform for the sharing and co-creation of innovative water solutions and technologies under the theme “Water Solutions for Liveable and Sustainable Cities”. The theme underscores the pressing need to integrate sustainable water management strategies into the urban planning process.
“Today, the global industrial water sector ranks second in water consumption, taking up an estimated 25% of global water demand, and forcing industries to search for innovative solutions to improve water sustainability across the value chain. According to the Global Water Intelligence, the industrial water and wastewater equipment market will grow at 7.5% a year over the next five years to reach a total value of $22 billion in 2016. Demand for equipment is expected to grow fastest in the oil and gas sector, at an annual rate of over 24%.
“Responding to this shift in global focus, the Water Week takes a four-pronged approach to share and co-create solutions in the industrial water sector, starting with the debut of the Industrial Water Solutions Forum to examine the issues surrounding the water-energy nexus. Themed “Towards Water Sustainability in the Industrial Sectors”, this Forum is held against the backdrop of increasing water scarcity and more stringent environmental regulation worldwide, with global industries conducting vigorous reviews on their water footprint and how it impacts their operations. Key industries such as oil and gas, mining, food and beverage, and chemical sectors will be in focus to find a global view on how water solutions can turn their challenges into opportunities.”
Retrieved from: Market Watch
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