LG Announces Intention to Enter Water Treatment Business

LG Electronics (LG) announced today that it will enter the water treatment market

2010-10-01

AMMAN, JORDAN, October 01, 2010 (Press-News.org) LG Electronics (LG) announced today that it will enter the water treatment market to help combat global water supply issues and to move further toward becoming a more environmentally sustainable business. LG will invest more than USD 400 million over the next decade with the goal of generating USD 7 billion in revenue by 2020, in the process becoming a top 10 global water treatment company.
Much of the investment will go toward acquiring the right technology and building up research and development in this field.
"Water affects every aspect of our lives, yet almost one billion people around the world don't have clean drinking water and more than 2.5 billion still lack the most basic sanitation," said Mr. Young-ha Lee, President and CEO of the LG Electronics Home Appliance Company.. "LG hopes to be able to make a small but significant contribution to alleviating this global problem with its commitment to finding solutions through innovation and technology."
LG will concentrate its R&D on developing an advanced membrane filtration system, its core technology and key component of water treatment solutions. LG will also expand its internal capabilities with the additional hiring of membrane filtration experts and process engineers. The company will also be pursuing various types of partnerships, mergers and acquisitions as part of its strategy to expand quickly.
LG will begin with industrial water treatment and expand its coverage into sewage and drinking water treatment. The company eventually plans to enter the business of water treatment engineering and procurement as well as operation and maintenance across the municipal sector.

"The global water crisis isn't going to go away by itself - governments, citizens and corporations will all have to work closely together," said Mr. Lee, "The water business has been growing by an annual rate of 15 percent so there's an incentive for companies to invest in finding solutions, but beyond the business, I think this is one problem where LG's experience and commitment to finding sustainable solutions will be a huge advantage."

ELSE PRESS RELEASES FROM THIS DATE:

Lafayette, IN Day Spa Expands and Hires New Spa Manager

2010-10-01

Bliss Salon and Spa, one of the top day spas in Lafayette, IN, has announced the hiring of their new day spa manager, Holly Harbert. "Holly is a much awaited addition to our expanding day spa operations", states Bliss Salon and Spa owner, Bethany Tyrrell. Tyrrell goes on to add "Holly is coming to us from Michigan and has been a Massage Therapist since 2004 with over six years of spa work experience. Her goals here at Bliss Salon and Spa are to create a relaxing and pampering atmosphere catering to the health and wellness of our clients." Holly is a native of Royal ...

Recruitment Specialists 2LS are to be featured on BBC Politics Show

2010-10-01

As part of its recent expansion 2LS have taken on a new team member, Chris Whiteway, who joined the company as part of the UK Governments apprenticeship scheme. This scheme aims to place 16-24 year olds into businesses and provides additional training and support to the individual over and above what the company may provide. Chris will receive training in 2LS's GRIP recruitment software as well as working towards a business based NVQ. This is excellent for both parties as the company gets a motivated team member and the individual gets a great start to their working life. Both ...

Political & Civic Leaders Help Monkbar Hotel Celebrate 20th Birthday

2010-10-01

York's political and civic leaders were among scores of guests helping the Best Western Monkbar Hotel celebrate two decades in business. And, in addition to marking 20 years of being a key player in the city's hospitality industry, it took the opportunity to raise in excess of GBP1,500 for its chosen charity, Martin House Children Hospice. York Central MP Hugh Bayley, Lord Mayor Coun Sue Galloway and Council Leader Coun Andrew Waller - joined more than 80 members of staff, customers, friends and suppliers for the Mad Hatters' themed birthday party. Monkbar Hotel ...

GO Markets Named Best FX Broker Asia - 2010 FX Traders' Awards

2010-10-01

GO Markets - Global news leader International Business Times (IBTimes.com) and market research firm Forex Datasource (Forexds.com) announced the results of the 2010 FX Traders' Choice Awards during an award ceremony held in New York City on Aug 30, 2010. This year, a total of 10 retail FX broker firms were honored from a pool of close to 90 brokers which included GO Markets and was nominated by more than 1000 traders in 111 countries. The FX Traders' Choice Awards offer the highest recognition a broker firm could receive and the most reliable results to traders within ...

Plumb and Parts Center reveal golfing talent

2010-10-01

Spirits were high as the sun shone throughout the day with a total of 22 teams competing over 18 holes. The teams included regional Pros selected by the PGA, however, it was the Plumb & Parts Center directors who led their teams to success with, Alan Stevenson, Plumb Center's Trading Director securing first prize for his team who finished 12 under par. The prize winning teams were not the only winners on the day with over GBP1,200 raised for Action for Children through a charity hole competition and a raffle. Action for Children is one of the UK's leading children's ...

Apimac releases the update of iDatabase for iOS the Database Manager Solution for iPhone version 3.4

2010-10-01

Apimac ( http://www.apimac.com ) today is pleased to announce the release and immediate availability of iDatabase 3.4, an update to their popular database tool for iPhone and iPod touch. The latest release of iDatabase 3.4 brings iOS 4 optimized high-resolution Retina display graphics on iPhone 4. Designed specifically to take advantage of the iPhone's unique capabilities and interface, iDatabase serves as an excellent personal database solution for anyone on the go. iDatabase features a collection of ready to use, and easy to personalize, database templates to organize ...

Forbes Names Kleiman Evangelista Eye Center as Leading US Laser Surgeons for Third Straight Year

2010-10-01

Kleiman Evangelista Eye Center ( http://www.lasiksurgery.com ) is nationally recognized by Goldline Research in the September issue of Forbes Magazine on the list of Leading Laser Eye Surgeons of the United States. Kleiman|Evangelista Eye Center has received this honor from Goldline Research for three consecutive years. Kleiman Evangelista Eye Center ( http://www.lasiksurgery.com ) has been selected for this honor based upon their commitment to excellence in patient care and satisfaction. Drs. David Kleiman, Anthony Evangelista and Farshid Ighani provide advanced, all-laser ...

Tour d'Afrique To Host Two Cycling Tours of Namibia, One North and One South, Beginning Late Summer 2011

2010-10-01

Spotlight on Namibia's "Rugged North" and "Scenic South" Cycling Tours Can Be Combined to Create a Comprehensive 48-Day Adventure Tour d'Afrique (http://www.tourdafrique.com/), the company that introduced the world to multi-country, cross-continental cycling tours, announces two first-ever, 20-day tours of Namibia beginning in late August 2011. The Rugged North goes off-road from Windhoek to Etosha across rugged rolling hills to the barren Skeleton Coast. The Scenic South journeys through mountains, dunes and desert from Windhoek to Luderitz. The tours can be taken separately ...

Mirna Bard Proudly Accepts an Invitation from Visa Business Network to Mentor 100,000 Community Members

2010-10-01

Mirna Bard, a hype-free social media consultant and speaker, proudly accepted an invitation from the Visa Business Network to help mentor its active community of 100,000 small business owners. Visa Inc. recognizes the important role that social media plays in small business today and has upgraded the Visa Business Network to include new features that help the small business community connect, learn, and accomplish goals. Mirna Bard and other mentors will play a vital role in Visa's small business community. Each mentor will give personalized help and guidance to small ...

Spooky Halloween costumes for 2010 from Costume Finder

2010-10-01

With Halloween fast approaching, Costume Finder has kick- started, Halloween celebrations with its well stocked repertoire of costumes, accessories, wigs, masks, jewelry, hats, weapons, makeup, decorations, and wings. "Believe it or not we have already received many customer sales orders for items from our Halloween stock; it seems Halloween is starting a little early this year." - says Spokesperson of Costume Finder, when asked about the Halloween celebrations this year. Costume Finder is designed as a one stop online store, for families where you can shop for ...

Iron given through the vein corrects iron deficiency anaemia in pregnant women faster and better than iron taken by mouth

The Lancet Neurology: Air pollution, high temperatures, and metabolic risk factors driving global increases in stroke, with latest figures estimating 12 million cases and over 7 million deaths from st

LG Announces Intention to Enter Water Treatment Business

ELSE PRESS RELEASES FROM THIS DATE:

LAST 30 PRESS RELEASES: