IDE Technologies
.jpg) | |
| Industry | water desalination |
|---|---|
| Founded | 1965 |
| Headquarters | Hamatechet Street, Hasharon Industrial Park, Kadima, Israel |
Key people | Asaf Bartfeld (Chairman) Avshalom Felber (CEO & President) |
| Owner | Alpha Partners, Delek |
| Website | ide-tech.com |
IDE Technologies is an Israeli water desalination company.[1]
History
[edit]The company was founded in 1965[2] by Ukrainian-born engineer Alexander Zarchin.[3] It is headquartered in the Hasharon Industrial Park in Kadima, Israel.[1] Its chairman is Asaf Bartfeld,[2] while its chief executive officer and president is Avshalom Felber.[1]
In Israel, it has built desalination plants in Hadera, Ashkelon and Soreq.[4][5]
In 2013, it agreed to design the Carlsbad desalination plant in Carlsbad, California.[6] It was expected to be completed by 2016,[7] however, due to the continuing drought in California, plant completion was advanced to late 2015, and was eventually finished in December, 2015.[8] Other projects under construction include plants in India,[9] Chile, Venezuela and Mexico.[10]
Ownership
[edit]IDE is jointly owned by Alfa Partners, a private strategic water fund controlled by Avshalom Felber, IDE Executive Chairman, and Amir Lang, former EVP of the Delek Group.[11]
References
[edit]- ^ a b c Company Overview of IDE Technologies Ltd., Bloomberg Business
- ^ a b "Delek Group: IDE Technologies". Archived from the original on 2015-05-12. Retrieved 2015-04-25.
- ^ "Israeli Inventions: Desalination and Drought". 19 April 2016.
- ^ Vita Bekker, Israelis soak up high cost of desalination, Financial Times, November 28, 2011
- ^ The Associated Press, Israel Solves Water Woes With Desalination, The New York Times, May 30, 2014
- ^ IDE Technologies to help build largest U.S. desalination plant, Reuters, January 3, 2013
- ^ Reuters, Israel's IDE Technologies to help build largest U.S. desalination plant, Haaretz, January 7, 2013
- ^ Carlsbad desalination plant
- ^ Amy Kazmin, Chennai finds solution to water shortages, Financial Times, September 6, 2010
- ^ Yoram Gabison, Israel Chemicals puts desalination unit up for sale: IDE Technologies could fetch up to $1 billion as well as give the company access to Arab markets., Haaretz, November 12, 2014
- ^ "Delek Group brings forward sale of IDE stake". Globes. 2020-03-15. Retrieved 2024-01-31.