an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . january 2009 learn how and when to remove this template message hyflux logo hyflux ltd hyflux is a global environmental solutions clarification needed company listed on the singapore stock exchange sgx with a market capitalisation close to s 735.4 million as at march 2009 and employs over 1 200 staff in china india the middle east and north africa mena region as well as singapore and southeast asia . the company was founded in 1989 by ms olivia lum group ceo president and managing director . in 2006 the company was given the water company of the year award at the global water awards by the global water intelligence uk . contents 1 history 2 establishment of hyflux water trust 3 landmark projects 4 external links 5 references history edit the company started initially as hydrochem s pte ltd in 1989 with a start up capital of s 20 000 and three staff selling water treatment systems . today hyflux has operations and projects across china india the mena region as well as singapore and southeast asia . the company was the first water treatment specialist to be listed on the singapore stock exchange in january 2001 . group ceo president and managing director is olivia lum . over the last eight years profits and sales have grown by a compounded average annual growth rate of 30 per cent . in 2008 the group had net profits of s 59 million . 1 establishment of hyflux water trust edit in 2007 hyflux marked another first in the singapore stock exchange by listing the hyflux water trust hwt on the mainboard in december . hwt is the first pure play global water trust to be listed in asia . citation needed it is hyflux s primary financial platform for investing in water infrastructure assets in china india the mena region and other high growth markets globally . in 2004 hyflux launched its membrane and materials technology centre the largest in asia outside japan to spearhead its development in membrane technology and environmental engineering . it maintains more than 10 research laboratories in singapore including a knowledge centre an innovative process development centre a materials and membrane products development centre as well as advanced machining prototyping and industrial design functions . citation needed hyflux collaborates with research institutions and companies to develop and enhance its research programmes expand areas of membrane applications improve existing technologies and processes as well as commercialise novel technologies . partners include the national university of singapore ceparation bv a spin off from leading dutch technology institute netherlands organisation for applied scientific research marmon water llc north america s largest manufacturer of residential and commercial water treatment systems and dalian institute of chemical physics china . citation needed hyflux s strength as a membrane technology company has enabled it to identify niche applications in several sectors other than water moving into the field of clean energy in environmental applications such as the recycling of used oil processing of bio ethanol as well as in the production of bio based materials such as lactic acid . citation needed landmark projects edit hyflux has built projects in singapore china southeast asia the middle east and algeria . some examples of hyflux s projects include singspring seawater desalination plant singapore the s 200 million plant was completed in september 2005 and supplies some 136 380 m3 day of desalinated water to meet approximately 10 percent of singapore s water needs . seawater desalination plant tiajin city china hyflux is building the country s largest seawater desalination plant in tianjin . the s 155 million membrane based desalination plant with a capacity of 150 000m3 day employs hyflux s proprietary ultra filtration technology . seawater desalination plant magtaa algeria hyflux in april 2008 won the bid for the largest seawater desalination plant in algeria with a capacity of 500 000m3 day and a project value of us 468 million about s 632 million awarded by algeria energy company aec the government company handling power and water privatisation exercise in algeria . seawater desalination plant tlemcen algeria marking a significant breakthrough in the mena market hyflux was awarded the contract by aec to design develop finance construct operate and maintain a 200 000 m day seawater desalination plant at tlemcen algeria in october 2006 . external links edit company s main website references edit hyflux still expanding pdf . asia pacific biotech news . november 3 2009 . retrieved from https en.wikipedia.org w index.php title hyflux & oldid 552307798 categories companies of singaporecompanies established in 1989companies listed on the singapore exchangehidden categories articles with a 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