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PNR Pentair Inc

81.88
2.27 (2.85%)
After Hours
Last Updated: 22:30:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Pentair Inc NYSE:PNR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  2.27 2.85% 81.88 81.94 80.3345 80.59 1,086,679 22:30:00

Pentair Announces Commitment to Help Accelerate Innovation to Reduce, Reuse and Recover Water

22/03/2016 11:00am

GlobeNewswire


 

To commemorate World Water Day, Pentair attends White House Water Summit and announces innovative new centers dedicated to help municipal, industrial and commercial companies manage water resources

WASHINGTON, D.C  - March 22, 2016 - Pentair, a global leader in creating sustainable water solutions, announced today its commitment to open two Application Centers dedicated to helping municipal, industrial and commercial companies better manage water use. The commitment is being announced in conjunction with Pentair's participation at the White House Water Summit, taking place today in honor of the United Nations' World Water Day. The Summit brings together public and private companies in an effort to catalyze ideas and actions to help build a sustainable and secure water future through innovative science and technology.

"As the world's growing population puts increasing demands on our precious water resources, Pentair is committed to continued innovation to help customers produce more food, energy and efficiencies from each drop of water," said Randall J. Hogan, Pentair Chairman and CEO. "To that end, these centers will help accelerate new innovation development by engaging our customers and others to innovate, validate and collaborate as we work to help municipal, industrial and commercial companies reduce their water footprint."

The Pentair Application Centers will be established in the United States over the next three years. The centers will focus on industrial water reuse in manufacturing, one of the largest users of fresh water, and water stewardship in food and beverage processing- areas of focus where Pentair has proven expertise working with global customers as well as in its own manufacturing facilities. For instance, at its site in Conroe, Texas, Pentair has engineered closed-loop water systems to cool production equipment and machinery, as well as a water reuse system for the wastewater produced during manufacturing. In total, the efforts have reduced the site's water consumption by 95 percent.

"Our innovative solutions help companies reuse water, reduce waste, and save money," said Hogan. "We are implementing this strategy at our operations worldwide to improve and reduce our own use of water, as well."

Increasing Access to Sustainable, Safe Water
In addition to efforts to help customers better manage water resources, Pentair is working to transform the way safe water is sustainably delivered to people in need. Through Project Safewater, the company's holistic approach to providing safe water solutions, Pentair collaborates with a range of partners with innovative approaches-combining technology, micro-enterprise business models, and scientific research-to provide sustainable access to safe water. Since 2006, Pentair has implemented numerous Project Safewater programs around the world, providing clean, safe drinking water to more than 2.8 million people. Its initial Safewater initiative, launched in 2006 in Colon, Honduras has enabled the community of 300,000 to sustainably operate more than 200 Safewater stations, reducing the incidence of water borne illness by 80 percent.

To learn more about Pentair's efforts in water technology innovations and safe water programs, visit www.pentair.com.

ABOUT PENTAIR PLC
Pentair plc (www.pentair.com) delivers industry-leading products, services and solutions for its customers' diverse needs in water and other fluids, thermal management and equipment protection. With 2015 revenues of $6.4 billion, Pentair employs approximately 30,000 people worldwide.

# # #

Media Contact:
Rebecca Osborn - Pentair Communications
Direct: +1 763 656 5580
Email: rebecca.osborn@pentair.com





This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pentair plc via Globenewswire

HUG#1996582

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