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De Nora sets up new marine business entity to further drive growth

Monday, July 13, 2020   (0 Comments)
Posted by: Matt Watson
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Seatrade Maritime

De Nora sets up new marine business entity to further drive growth

 


De Nora has announced the creation of a new legal entity to drive the company’s growth plans in the maritime industry, addressing calls for advanced water treatment technologies.

Launched on 1 April 2020, the new De Nora Marine Technologies LLC is facilitating De Nora’s continuing growth strategy and offerings of products in line with increasingly stringent environmental regulations.

De Nora, which has already established a new in the market for the delivery of ballast water treatment systems (BWTS), aims to continue supporting this business via acquisitions and organic growth through sales of its Balpure BWTS and other soon-to-be-launched advanced water treatment technologies.

De Nora Marine Technologies will be headquartered in De Nora’s facility in Sugarland Texas, US, with existing project teams and global operational bases continuing to operate under the new entity.

The company said the formation of the De Nora Marine Technologies comes at a time when owners and operators face a plethora of important investment decisions regarding compliance with new environmental regulations, this includes the Ballast Water Management Convention (BWMC) and the International Convention for the Prevention of Pollution from Ships (Marpol).

“While the initial development of our marine business benefitted greatly from being part of a larger organisation, it has entered a significant growth phase and is able to stand on its own. Through standing on its own, De Nora Marine Technologies is able to understand and better adapt to the unique needs of the maritime community, at a critical time when owners and operators are under intense scrutiny to increase their environmental performance,” said Matt Granitto, general manager of De Nora Marine Technologies.

“The commercial maritime market is unique and has different concerns from other verticals that De Nora has traditionally operated within. Now that De Nora Marine Technologies is a separate entity we can concentrate fully on becoming a partner of choice to the maritime community and continue to provide the highest quality products and services to the commercial marine market to ensure the protection of the environment,” he added.


 Read the full article at:  https://www.seatrade-maritime.com/environmental/de-nora-sets-new-marine-business-entity-further-drive-growth

 

 

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