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Dealfeed Intl. ‘Top Transaction of the Year Awards’ announced

Metito wins the ‘Best Strategic Partnership – Asia’ award

Dealfeed Intl. ‘Top Transaction of the Year Awards’ announced  

The Top Transactions of the Year Awards 2015 have now been announced by Dealfeed International.  This year, Metito has been announced the winner of the ‘Best Strategic Partnership – Asia’ award for Mitsubishi Corporation, Mitsubishi Heavy Industries, and Japan Bank for International Cooperation acquisition of stake in Metito.

The awards celebrate the significant deals of all types and values, from mergers and acquisitions to IPOs and funding, that took place globally. The deals that were posted on DealFeed International over the last 12 months have been evaluated by Acquisition International Global Media Group team of analysts and nominees were shortlisted based on this review in addition to the number of views each deal receives. The reviewing panel also takes into consideration: deal volume, value, complexity and sectorial activity within the region when recognising the biggest achievers.

Dealfeed Intl. is part of a global publishing group based in the UK with a database of over 53,000 readers worldwide.

Congratulations Metito!

Metito Awarded Living Legends Wastewater Treatment Project

The project will see treated water used for irrigation in the Dubai Land community

30 October, 2014 – Metito, the leader and provider of choice for total intelligent water management solutions in the emerging markets, has been awarded the Living Legends community wastewater treatment project. The project assigned by Tanmiyat Group includes the design and build of an underground sewage treatment plant for this new Dubai Land development, located along Sheikh Mohammed Bin Zayed Road.

The new plant will have the capacity to treat 3,600 m3/day of domestic waste with the treated water then being used to accommodate the community’s irrigation, and possibly district cooling needs.

Metito was chosen by Tanmiyat Group for its wealth of experience in wastewater treatment and water recycling solutions, making it the ideal partner for supporting the development of the Living Legends community.

With Dubai Expo 2020 preparations on-going, the Living Legends locale will grow rapidly, requiring a solid and sustainable infrastructure to be in place which is able to evolve in parallel with the community.

Metito developed a state of the art design for the underground sewage treatment plant, which will be employing the latest Membrane Bio Reactor (MBR) technologies.

Metito Partners with Emaar Properties to Use Recycled Wastewater

Recycled wastewater to be used in district cooling systems to reduce the eco footprint of Downtown Dubai

25June, 2014 – Metito, the leader and provider of choice for total intelligent water management solutions in the emerging markets, announced a partnership with Emaar Properties, the Dubai-based global property developer and provider of premier lifestyles, to recycle 20,000m3/day of wastewater to be used for district cooling in Downtown Dubai, its flagship mega-development. This is in line with Emaar’s continuous efforts to preserve the environment through reducing the eco-footprint of its developments.

District cooling systems for Downtown Dubai will use wastewater as makeup water for cooling towers to feed DCP1, DCP2 and DCP3 at Mohammed bin Rashid Boulevard, which will benefit the local environment by using an available resource rather than disposing of it. With sustainability high on the global agenda, this initiative will help Dubai move closer to its promising future as a model city for sustainable living.

As part of the $10 million project, Metito will provide a treated sewage effluent polishing plant along with 5 years operation and maintenance.

Ahmad Al Matrooshi, Managing Director of Emaar Properties, added: “Emaar is committed to protect the local environment and the UAE’s valuable resources and this project is testament to our commitment. We strive to find solutions that can stand the test of time, and using recycled wastewater to meet the water needs for district cooling is a strategic long-term initiative to promote sustainable development. We are delighted to be working with Metito, a long standing provider of ours, and look forward to the successful launch of this project in the months to come.”

Commenting on this, Hassan Al Dardery from Allied Consultants Ltd, the consultants for the project, said; “Emaar has a clear vision with regards on how to sustain the local environment that hosts its world-class developments and it is a great opportunity for us to be able to work with them on this project in Downtown Dubai, which is home to Burj Khalifa and The Dubai Mall. We are very happy to have Metito onboard this project, as we see them add great value in terms of experience, their commitment to provide airtight solutions and their on the ground customer support.”

The project will see water sewage effluent treated by the polishing Reverse Osmosis (RO) technology before being recycled into the makeup water of the district cooling systems. The scheme results in a reduction of the carbon foot print in excess of 36.85 tons of CO2 per day as opposed to using desalinated sea water for the application.

This project is scheduled to be completed in Q4 2014.

Metito receives new $30m financing deal to develop projects in MENA, Asia

Water management solutions provider Metito has received a $30m syndicated loan from Bank of China and International Finance Corporation (IFC) to help expand its essential services in the Middle East, North Africa and Asia regions.

Metito is the first company to obtain long-term financing from Bank of China as part of the IFC B Loan program, a syndicated loan structure that introduces new banking relationships to the borrower.

The investment is part of IFC’s wider efforts to help companies expand into emerging markets, to transfer knowledge and expertise and improve access to essential infrastructure.

The loan will help Metito as it develops water treatment projects across the MENA region and parts of Asia, which will increase the availability of drinking water, improve wastewater treatment infrastructure, reduce waste costs, and decrease health risks to local communities.

“With support from IFC and Bank of China, we’ll be able to embark on new projects, providing quality water treatment solutions in water scarce areas,” said Rami Ghandour, managing director, Metito.

“Access to water is a fundamental challenge to economic development and growth,” said Chunyan Cai, SEO of Bank of China Middle East (Dubai) Limited, covering the MENA area. “With this long-term investment, which is hard to obtain in challenging markets, Bank of China will help support Metito as a leading provider of essential water and wastewater management solutions in water stressed regions.”

“This partnership demonstrates the potential for infrastructure investment in MENA, one of the most water scarce regions in the world,” said Mouayed Makhlouf, IFC regional director for the Middle East and North Africa. “Water scarcity is a global concern and IFC will continue to help boost water efficiency to meet the growing demand.”

Earlier, in June 2013, IFC had provided $50mn in loans to Metito and arranged another $20mn from the German development finance institution, DEG, to strengthen the company’s capital structure and support its expansion.

IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. Working with private enterprises in more than 100 countries, IFC uses its capital, expertise, and influence to help eliminate extreme poverty and promote shared prosperity.

Established in 1912, Bank of China provides a full range of financial services in China’s mainland, Hong Kong, Macau and another 31 countries.

Metito is headquartered in Dubai and is active throughout the MENA region, Indonesia, and China. The company also owns and operates six wastewater treatment plants in China, with four more projects under construction.

Metito, Zulekha bring safe water to Indian schools

Metito, a regional provider of water management solutions, has teamed up with Zulekha Healthcare Group to provide reliable, clean water supplies to four schools in the city of Nagpur.Access to clean, safe drinking water remains a challenge in India, according to a statement released by the companies. Around 88% of the 1.2 billion population now has access to safe drinking water, compared to 68 per cent in 1990, according to UNICEF.

This initiative will see water tanks, water coolers, and UV disinfection units installed at four schools in Nagpur city, Maharashtra State.The project entails equipment and hardware procurement, arrangement of labour, training, overseeing and monitoring related civil and plumbing work, and commissioning.

Mutaz Ghandour, Metito CEO said: He added: “It’s Metito’s mission to utilise its resources, knowledge and expertise to ensure a cleaner environment that starts with a basic human right: access to clean and safe water.

Zanubia Shams, CEO, Zulekha Healthcare Group commented: “Better facilities, clean drinking water, and a healthy environment are investments we make to build a better world. We proudly announce our association with this noble venture starting in Nagpur, India and we hope to take this forward all across the country.”

The four schools in Nagpur that will have the solutions installed are the Ravindranath Tagore Convent, Millat Urdu Upper Primary & High School, Public Urdu Upper Primary School, SHUMS Girls High School.

In 2011, Metito sponsored a Water Purification Plant in Shirwal village, near Pune, Maharashtra State, India. The plant provides safe drinking water for 30,000 people.

The Safe Water Supply for Schools programme is set to be completed by the 3rd quarter of 2014.

Metito Awarded $25m Thermal Power Plant Project in Suez, Egypt

Egypt, 14th December, 2013 – Metito, the leader and provider of choice for total intelligent water management solutions in the emerging markets, has won a new project worth USD $ 25million to deliver water and wastewater systems for a new 650MW thermal power plant in Suez, Egypt.

In the presence of Ahmed Emam, Egypt’s Minister of Electricity and Energy, Karim Madwar, Metito Africa Managing Director signed the contract with Hamdy Ibrahim, Chief of East Delta Electricity Production Company (EDEPC) in a ceremony attended by Gaber El-Desoky, Chief of Egyptian Electricity holding company and the PGESCO team assigned for the project.

This new win is a true reflection of Metito’s world class competitive edge as it comes after an international bid against some of the major water specialists and compliments the Group’s impressive projects’ portfolio across Africa.

Commenting on this project, Karim Madwar, Metito Africa Managing Director, said: “We are very proud to be part of Egypt’s new development plan through implementing this significant project. Metito’s intelligent water management solutions will contribute to the country’s infrastructure and help meet the much needed power demand from industries looking to operate at optimum capacity as well as citizens’ power needs.”

The contract will see Metito design, supply and install water and wastewater treatment systems to produce demineralised water at the quality needed for operating high pressure boilers, condensate polishing units, hypochlorite generation and chemical injection systems.

The scope of the contract also includes providing the client with a wastewater treatment plant and a water/oil separation system to treat the effluent water for discharging within the standard limits predetermined by the local environmental authorities.

“Scheduled to be completed in 2016, the project introduces the Ultra Filtration technology to improve the treated water quality for other sites including; Damitta, Banha, Giza North and Suez and to help in upgrading the efficiency of power supply across the country” added Karim.

Since 2004, Metito supplied various water and wastewater treatment packages to Egyptian Electricity holding company for over 10 power plant projects in Egypt including Nubaria, El Kuraymat, Tebbin and Cairo West Power plants among others.

Metito Awarded ADNOC’s Ruwais Housing Complex Project Worth USD $ 54m

UAE. Metito, the leader and provider of choice for total intelligent water management solutions in the emerging markets, will provide sewage treatment solutions for ADNOC’s Ruwais Housing Complex, a project that is worth more than USD $54 million.

The project will see Metito provide a new sewage treatment plant catering for the current needs of the development, as well as the long-term future expansion plans of ADNOC’s site at Al Ruwais housing complex. The project follows Metito’s successful completion and transfer of two earlier phases of sewage treatment plants for the same housing complex.

The new plant will treat up to 25,000m3 per day of raw sewage, with a designed expandable capacity of 30,000m3 per day to adapt to the future expansion of the housing complex. The selected treatment system is eco-friendly and capable of producing high standard effluent quality that will be re-used for irrigation and landscaping within the housing complex.

In addition to the sewage treatment plant, the project includes septage receiving station, sewage pumping stations, pressurised sewage and irrigation lines, and two days storage capacity irrigation tank.

Commenting on this project, Omar Zoubi, General Manager Metito Abu Dhabi said: “Metito has worked extensively with ADNOC in the past, and we are very honoured to have been entrusted with the responsibility of this new project at Al Ruwais.

“Ruwais is a strategic location for ADNOC and the UAE oil & gas sector. It houses a large population as well as significant industrial installations and so keeping the complex environmentally sustainable, and integrating a productive and efficient wastwater treatment system is integral to this development.” he added.

In recent news, Metito has also announced the completion of a $21 million Sea Water Reverse Osmosis (SWRO) plant for ADMA-OPCO offshore operations, aimed at delivering potable water to Das Island.The plant uses SWRO to process seawater in four streams, each with a capacity of 682 m3 per day, ensuring flexible water supply to the ADMA-OPCO’s operational staff base on the island.

Commenting on the Das Island project, Zoubi said: “This project has been delivered successfully to the client, and is fully operational, meeting the demands laid out in the initial agreement.”

Metito Awarded ZADCO Desalination Project For Zirku Island Worth USD$5.7m

Zirku Island UF/RO desalination plant awarded to Metito

ABU DHABI, UAE: October 9th, 2013

Oil and gas firm the Zakum Development Company (ZADCO) in Abu Dhabi has contracted Metito in a project worth USD$5.7 million to provide containerised desalination packages.

The project will see Metito provide emergency containerised water packages to the Zirku Island to produce needed potable water through seawater desalination.

The project will utilise the Reverse Osmosis (RO) and ultra-filtration (UF) technology and will be followed by the required construction and interconnecting pipelines and other tie-ins (EPC) work.

In addition, Metito scope of work includes supervision of the construction work, testing and commissioning followed by six months operation and maintenance (O&M) of the plants.

Zirku Island, located 140 kilometres North West of Abu Dhabi is the main industrial base for the processing, storage and export of oil from ADNOC’s (Adu Dhabi National Oil Company) Upper Zakum, Umm Al-Dalkh and Satah oilfields. It also houses advanced oil and gas and installations, construction staff, maintaining and developing ADNOC Group’s offshore operations in the area.

The project will serve more than 1,000 inhabitants who are all ZADCO’s employees as well as irrigation usages for planting palm trees and mangroves that attract annual visits of migratory birds to the area.

Metito hosts UK water mission to UAE.

Metito, a leading provider of intelligent water management and solutions, recently hosted a delegation of eight UK companies from across the water and waste water sector as part of their trade mission to the UAE.

The mission was organised by UK Trade & Investment (UKTI), the arm of the UK Government that helps UK-based companies succeed in the global economy and assists overseas companies to bring their high-quality investment to the UK.

Ian Gibbons, Deputy Consul General, British Embassy Dubai, said: “This seminar and subsequent visit to Metito will enable lasting relationships and business to be achieved between our two countries and I look forward to seeing the results in the coming months and years.”

Metito Signs $6.8m deal with F&B Investment

Iraq, February 24th, 2103 – Metito; the leader and provider of choice for total intelligent water management solutions in the emerging markets, has announced a $6.8 million agreement with F&B Investment for the design, build, selection and supply of all mechanical & electrical equipment for a wastewater treatment plant in south of Kufa, Iraq.

The project, initiated by Najaf Governorate, will serve the sewer & storm water treatment needs for the increasing population in the area and is designed to accommodate a capacity of 50,000m3/day.

The project will utilise Turbo4bio, a new technology that guarantees a high energy-efficient wastewater treatment process with a small footprint. Turbo4bio (T4b) stands for ‘Turbo-Reactor for intense Biofilm production’ and it is suitable for treatment of municipal and low to medium load industrial wastewater, from which it produces a very high quality effluent with very low sludge production, close to zero. The unique design features of the system provide the self-cleaning capability of the T4b-Turbo Reactor against any possible clogging, making it almost maintenance-free.

“The Iraqi government strives to improve the infrastructure across the country,” commented Moustafa Hasan, General Manager,Turkey, Iraq, Levant & CIS. “The Water and Wastewater Industry is growing rapidly and steadily in Iraq, reflecting the needs of the expanding urban areas and the increasing population. This is done without any compromise to the quality of deliverables required by the managing bodies, and Metito is therefore honored to be partnering with F&B Investment in playing a role in the sustainable development of such an important and strategic country”, he added.