ZENON Environmental Inc.
(TSE: ZEN, ZEN.A) announced that it has secured new orders from repeat customers,
with a combined value of approximately $10 million, to supply the power industry
with its proprietary water treatment technology.
"Growing
worldwide power shortages are exerting significant pressure on the production
of electrical power," said Andrew Benedek, Chairman and Chief Executive Officer
of ZENON.
"This is creating the need for additional investments
to be made in the power generation industry, and as water is a significant component
in the production of electrical power, ZENON will benefit from the growth of this
market.
" ZENON has been contracted to build a new water treatment
plant replacing an existing system for an independent power producer in Alberta.
Construction for the project will commence later this summer with the new plant
expected to be operational in March 2002.
In addition, ZENON
will be supplying its technology to a second plant for the same customer, which
will be operational in the second quarter of 2002.
Also, just
south of the border in the State of Washington, ZENON's technology will be used
to retrofit an existing water treatment plant with a new ZeeWeedŽ system. Expected
to be operational by the end of this year, the retrofitted plant will produce
high quality water for boiler feed.
ZENON is a world leader
in providing advanced membrane products and services for water purification, wastewater
treatment and water reuse.
Chosen as one of Canada's Top 100
Employers, the ZENON group of companies operates from nine locations in North
America, six in Europe, and one in each of Asia, Latin America, and the Middle
East.
ZENON's products and services are marketed for a variety
of municipal and industrial applications through ZENON's offices and representatives
located throughout the world.
Additional information is available
at the Company's web site www.zenonenv.com.
