Water treatment for oil, mining, gas attractive to investors

Investors are increasingly looking at the water treatment sector to tap expected growing demand for new water technologies, especially from the extractive industries.

These industries use huge amounts of water for their operations and need technologies related to, for example, the cleaning up of contaminated water and the disposal of hazardous waste.

“Water is not their product, it’s their problem,” said Wayne Evans, UK-based vice-president of industrial technology at Veolia Water Solutions & Technologies. He added that a “lion’s share” of the technical subsidiary of French Veolia Water’s business is in the oil, mining and gas industries.

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