HANOI, Vietnam--(BUSINESS WIRE)--Jun. 13, 2012--
Xylem Inc. (NYSE: XYL), a leading global water technology company
focused on addressing the world’s most challenging water issues, today
announced that it has opened a new office in Hanoi, Vietnam to promote
and market its technologies and solutions, and support the growth of its
business in Southeast Asia. Xylem’s expanded presence in the country is
part of the company’s long-term strategy to grow business within
high-potential emerging markets like Vietnam.
The team in Hanoi will focus on growing local business opportunities,
particularly in the water and wastewater treatment, wastewater
transport, irrigation, flood control and mining industries. The new base
will also implement professional development training programs for
employees in order to maximize business opportunities in the region.
Xylem will continue to sell through its distribution partners in
Vietnam, as it has since 2004.
“We believe that a significant opportunity exists to grow our business
within Vietnam,” said Andy Rumary, managing director of Xylem Water
Solutions Hong Kong. “Our new base will enable us to work more closely
with our locally based distributors and partners in order to grow market
share and develop sales and aftermarket services opportunities for the
business.
“In particular, we plan on expanding within the mining market; Vietnam
holds the world’s third largest bauxite ore reserves as well as
significant coal reserves that supply the southern Chinese market. As
part of this, we will expand our Flygt® and Godwin® dewatering business
for the mining and water pumping markets. Xylem’s Flygt and Leopold®
brands are already well known within the country – through our new
presence we will introduce the portfolio of Xylem’s other market-leading
brands to Vietnam,” Rumary said.
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. Launched in 2011 from the spinoff of the water-related
businesses of ITT Corporation, Xylem is headquartered in White Plains,
N.Y., with 2011 revenues of $3.8 billion and 12,500 employees 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 us at www.xyleminc.com.
Source: Xylem Inc.
for Xylem
Louise Cassidy, +353.1.678.9333
Cell:
+353.86.383.5727
louise.cassidy@edelman.com