|By Marketwired .||
|October 17, 2013 09:00 AM EDT|
CALGARY, ALBERTA -- (Marketwired) -- 10/17/13 -- Newalta Corporation (TSX:NAL) and DuPont Canada have signed a development agreement to test an innovative water processing technology in the Alberta oil and gas industry.
"Fresh water is a critical issue in the oil and gas industry and we are collaborating with DuPont Canada to find the most creative environmental solutions we can for our customers," said Doug Pecharsky, Newalta's Senior Vice President of New Markets. "The water processing technology removes solids from water and facilitates a higher level of water re-use for customers at their sites."
"As a dynamic science company, DuPont is focused on helping to secure the world's energy future. One specific goal is to provide meaningful and sustainable solutions to the most significant productivity, environmental and safety challenges in oil and gas production," said Basil El-Borno, Director of Oil and Gas for DuPont Canada. "Collaborating with Newalta gives us an opportunity to rapidly demonstrate technologies in an operating environment where we expect to make a significant difference in the recovery and re-use of valuable water resources."
The collaboration between the companies will combine DuPont's innovative scientific and technical expertise with Newalta's operating capabilities and customer relationships.
Newalta (TSX:NAL) is North America's leading provider of innovative, engineered environmental solutions that enable customers to reduce disposal, enhance recycling and recover valuable resources from industrial residues. We serve customers onsite directly at their operations and through a network of 85 locations in Canada and the U.S. Our proven processes, portfolio of more than 250 operating permits and excellent record of safety make us the first choice provider of sustainability enhancing services to oil, natural gas, petrochemical, refining, lead, manufacturing and mining markets. With a skilled team of more than 2,000 people, two decade track record of profitable expansion and commitment to commercializing new solutions, Newalta is positioned for sustained future growth and improvement. For more information, visit www.newalta.com.
DuPont (NYSE:DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit www.dupont.com.