Press Release

Xylem awarded $6M rental contract for Panama Canal expansion project

July 29, 2015

Xylem’s Godwin pumps to fill new Panama Canal lock basins with 1.7 billion gallons of water

BRIDGEPORT, N.J.--(BUSINESS WIRE)--Jul. 29, 2015-- Xylem Inc. (NYSE:XYL), a leading global water technology company, is playing an important role in the Panama Canal Expansion Program. Xylem is providing its heavy duty Godwin dewatering pumps to fill the third set of basin locks on the Pacific Ocean sector, with 1.7 billion gallons of water, as part of performance trials for the system prior to its commissioning.

The Panama Canal Expansion Program is scheduled for completion in the second quarter of 2016. It creates a new traffic lane and builds two new lock complexes, one on the Atlantic Ocean and the other on the Pacific, allowing for the passage of New Panamax ships, doubling the capacity of the Canal.

"We are honored to work with the Authority of the Panama Canal (ACP) and to be part of this project which expands one of the world’s most important transport routes,” said Colin Sabol, Senior Vice President and President of Xylem’s Dewatering business.

This is the second project that the ACP has awarded to Xylem under the Panama Canal Expansion Program. Earlier this year, Xylem supplied 64 Flygt mixers to prevent the formation of corrosive deposits on the rolling gates during installation.

To support the dewatering project, Xylem installed 15 Godwin diesel-driven pumps, deployed from the U.S. In June, these pumps transported up to 122 million gallons of water per day (MGD) from the Miraflores Lake to fill the third set of locks on the Pacific. Over a period of 22 days, the project consisted of pumping enough water to fill 90,000 average sized swimming pools.

Xylem is providing turnkey services and equipment for the project, with Xylem’s highly-skilled engineers designing and installing the system, which also includes 13,500 feet (more than 2.5 miles) of 18-inch high-density polyethylene pipeline (HDPE) to transfer the massive amounts of water. Xylem is also supervising the performance of the 15 Godwin pumps with its remote pump monitoring system called Field Smart Technology.

Jorge Alvarado, Managing Director for Xylem Latin America North, added, “Xylem is providing its global experience at a local level. With the world’s largest inventory of rental pumps and related equipment, Xylem has the ability to mobilize our vast resources quickly. In combination with the local presence and engagement of our Panama-based team, we are able to rapidly deliver the quality services demanded by the ACP for the execution of the Expansion Program project.”

The third set of basin locks includes reuse basins that will save water and also improve the Panama Canal’s efficiency, using seven percent less water compared with the amount currently used by the existing locks. In addition, in each transit operation, 60 percent of the water will be recycled.

About Xylem

Xylem (XYL) is a leading global water technology provider, enabling customers to transport, treat, test and efficiently use water in public utility, residential and commercial building services, industrial and agricultural settings. The company does business in more than 150 countries through a number of market-leading product brands, and its people bring broad applications expertise with a strong focus on finding local solutions to the world’s most challenging water and wastewater problems. Xylem is headquartered in Rye Brook, N.Y., with 2014 revenues of $3.9 billion and approximately 12,500 employees worldwide. Xylem was named to the Dow Jones Sustainability Index for the last three years for advancing sustainable business practices and solutions worldwide.

The name Xylem is derived from classical Greek and is the tissue that transports water in plants, highlighting the engineering efficiency of our water-centric business by linking it with the best water transportation of all -- that which occurs in nature. For more information, please visit www.xyleminc.com

Source: Xylem Inc.

Xylem Inc.
David Callaghan, +353-87-938-8880
David.Callaghan@edelman.com
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Investors
Phil DeSousa, +1-914-323-5930
Phil.Desousa@xyleminc.com