ISRAEL 
HIGH-TECH & INVESTMENT REPORT

from the July 2007 issue


China signs desalination plant order

IDE Technologies Ltd. has signed a $119 million contract to build a seawater desalination facility in China for the Beijiang power station, 200 kilometers northeast of Beijing. The power station is owned by Tianjin Ambest International Logistics Co. Ltd.

The facility will be the largest desalination plant in China. It will provide 100,000 cubic meters of fresh water a day for the power station's generators, and drinking water for local residents. The saline water will be used to make salt.

IDE has built hundreds of desalination facilities worldwide, and is building a Hadera, Israel, desalination plant, which will produce 100 million cubic meters of fresh water a year. The Hadera plant is scheduled to go on line in 2010. Delek Group Ltd. (TASE: DLEKG) and Israel Chemicals Ltd. (TASE: CHIM) own IDE in equal shares.



Reprinted from the Israel High-Tech & Investment Report July 2007

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