Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Brazil
  4. Bolsa de Valores de Sao Paulo
  5. WEG S.A.
  6. News
  7. Summary
    WEGE3   BRWEGEACNOR0

WEG S.A.

(WEGE3)
  Report
Delayed Bolsa de Valores de Sao Paulo  -  04:07 2022-09-27 pm EDT
30.05 BRL   -1.54%
07:21aWeg S A : Investments to expand capacity production of industrial and traction motors in Brazil
PU
09/26WEG S.A. : Ex-dividend day for
FA
09/20Weg S A : Minutes of the Metting of the Board of Directors - 1,032
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

WEG S A : Electric Motor Solutions are Adopted in Desalination Plant in Singapore

11/26/2021 | 10:10pm EDT

There is no doubt that one of the major water problems facing the world today is the provision of drinking water. Water scarcity was listed in 2019 as one of the biggest global risks in terms of potential impact over the next decades.

Through a team of engineering specialists dedicated in the Water Industry, WEG has always been at the forefront of supplying electrical solutions for the Water Industry worldwide. This time WEG products are chosen as part of the Keppel Marina East Desalination Plant (KMEDP) project in Singapore. In this specific project, WEG's motors are installed in it.

The KMEDP is an innovative large-scale desalination facility; and is also the world's first dual-mode desalination plant. Its innovative capability can treat both freshwater and seawater, depending on weather conditions. The plant will produce 137.000 m3/day of clean water, which is enough to fill 45 olympic-size swimming pools and 7 percent of Singapore's daily water demand.

For this project, WEG Singapore collaborate with Torishima, a pioneer in pumps for seawater desalination, to supply the high efficiency motors for their Reverse Osmosis (RO) system package.

In desalination systems, from small to large capacities, energy savings is always concern, it's usual therefore, to consider energy recovery devices (ERD) to achieve best operation conditions and high energy savings. This device combined with the ERD Booster pumps and high-pressure pumps will drive cost savings and emission reductions.

There are two types of pumps used in RO system High Pressure Pump and ERD Booster Pump.

The WEG's motors scope of supply from Nantong Factory was:

  • 8 units of W60 2050 kW, 6.6 kV motor, 2 poles, B3 for 1st Pass RO High Pressure pumps
  • 8 units of W21 160 kW, 400 V motor, 2 poles, B3 for ERD booster pumps

Motors for the use in desalination plants are required to operate in harsh climates 24/7, highly durable, with special painting plant against corrosion from seawater and high efficiency to minimize energy consumption.

WEG is very proud to be part of the Keppel Marina East Desalination Plant project, with the supply of special designed products to attend customers' needs. This project is another WEG step towards Water Industry and Driving Efficiency and Sustainability.

Disclaimer

WEG SA published this content on 26 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 November 2021 03:09:02 UTC.


© Publicnow 2021
All news about WEG S.A.
07:21aWeg S A : Investments to expand capacity production of industrial and traction motors in B..
PU
09/26WEG S.A. : Ex-dividend day for
FA
09/20Weg S A : Minutes of the Metting of the Board of Directors - 1,032
PU
09/20Weg S A : Interest on Stockholders Equity (JCP)
PU
08/30Weg S A : Carbon Neutral Program
PU
08/30Weg S A : Restructuring at Automation Business Unit
PU
08/23Weg S A : Minutes of the Metting of the Board of Directors - 1,029
PU
08/12Weg S A : announces expansion investments in the transformer factory of Itajubá, Brazil
PU
08/03Weg S A : Dados Econômico-Financeiros
PU
08/03Weg S A : Conference Call Transcript
PU
More news
Financials
Sales 2022 28 546 M 5 320 M 5 320 M
Net income 2022 3 733 M 696 M 696 M
Net cash 2022 799 M 149 M 149 M
P/E ratio 2022 33,6x
Yield 2022 1,68%
Capitalization 126 B 23 498 M 23 498 M
EV / Sales 2022 4,39x
EV / Sales 2023 3,80x
Nbr of Employees -
Free-Float 35,5%
Chart WEG S.A.
Duration : Period :
WEG S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends WEG S.A.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 30,05 BRL
Average target price 37,32 BRL
Spread / Average Target 24,2%
EPS Revisions
Managers and Directors
Harry Schmelzer Chief Executive Officer
André Luís Rodrigues Chief Financial & Administrative Officer
Alidor Lueders Chairman-Supervisory Board
Décio da Silva Head-Quality Control Area
Paulo Sergio dos Santos Chief Information Officer
Sector and Competitors
1st jan.Capi. (M$)
WEG S.A.-7.31%23 866
KEYENCE CORPORATION-31.71%82 932
SCHNEIDER ELECTRIC SE-33.79%61 145
EATON CORPORATION PLC-22.38%53 185
EMERSON ELECTRIC CO.-20.58%43 248
NIDEC CORPORATION-35.21%34 880