BetzDearborn to Partner With Vivendi Water to Offer Customers Single Source for Equipment and Chemicals Worldwide.Business Editors WILMINGTON, Del. and PARIS--(BUSINESS WIRE)--May 16, 2000 Companies Will Cooperate On Global Outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. Opportunities for Industrial Water and Wastewater Treatment Systems The BetzDearborn and Pulp and Paper Divisions of Hercules Incorporated (NYSE NYSE See: New York Stock Exchange : HPC (Handheld PC) A palmtop computer that weighs less than one pound and runs specialized versions of popular applications. Microsoft coined the term for its Windows CE operating system, which is an abbreviated version of Windows. See Pocket PC. ) and Vivendi Water have extended their North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. alliance to all other regions of the world. The companies will cooperate to sell Vivendi Water's industrial outsourcing and equipment capabilities and Hercules' water and process treatment chemicals. Announcement of the agreement was made by William A. Micsky, Vice President and General Manager of BetzDearborn, and Gerard Mohr, Vivendi Water's Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for Asia Pacific, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , Europe, Africa and Middle East. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the two executives, by coordinating their complementary industry know-how, technical expertise, operating experience and product resources to enhance sales opportunities, BetzDearborn and Vivendi Water will be able to offer global customers single-source access to everything they need for the optimum management of water and wastewater treatment systems on a global basis. "One of the most exciting aspects of this agreement is that it creates an extraordinary depth of outsourcing capabilities", said Micsky. "We are pleased with the opportunity to team with Vivendi Water to bring a total solutions approach to our industrial customers worldwide. Based on our experience with USFilter in North America, there is a recognized need for this type of outsourcing service in most of the industrial markets that we serve". The agreement covers the outsourcing of equipment, engineering, operations, maintenance and chemical management of industrial water treatment systems on customer sites. According to Mr. Mohr, "Global industrial customers desire and deserve seamless global support for their facilities as it relates to outsourcing, equipment, chemicals and service. The expansion of our relationship from North America to a global alliance will ensure these customers have access to this unique capability provided by Vivendi Water and BetzDearborn together". BetzDearborn, a division of Hercules Incorporated, is headquartered in Trevose, Pennsylvania Trevose is a town in Pennsylvania, which is north of and borders northeastern Philadelphia. It is adjacent to, and shares a zip code with Feasterville, PA. It is not a municipality. Trevose lies partly in the township of Bensalem and partly in the township of Lower Southampton. . It is a leading global supplier of engineered programs and speciality chemicals for the treatment of industrial, commercial and institutional water, wastewater and process systems, with 75 years of experience. It became a division of Hercules Incorporated in 1998. The Hercules Pulp and Paper Division was formed as a separate operation at that time by merging BetzDearborn's and Hercules' specialized product lines and technologies for the paper industry. Vivendi Water, headquartered in Paris, France, is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Vivendi, the world leader in water treatment and distribution services. Vivendi Water is the leading global provider of commercial, industrial, municipal and residential water and wastewater treatment systems, products and services. It has the most extensive outsourcing in the world, including financing, engineering and design, project and construction management, capital equipment, and operation and maintenance. |
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