Industrial Water Cooling

Industrial Water Cooling (IWC) is a manufacturer of cooling towers in South Africa. The company’s headquarters are in Isando, Johannesburg.

The company primarily supplies cooling towers to the following industrial sectors: power generation; mining; petrochemical industries; sugar; steel; food & beverage; air-conditioning and refrigeration.

The company has undertaken projects for companies such as Sasol,[1] ArcelorMittal,[2] Foskor,[3] and Eskom.[4]

IWC is a member of the USA-based Cooling Technology Institute (CTI) [5] and is an ISO 9001:2000 accredited company.

History

IWC was founded in 1986. In September 2011, the South Africa-based private equity investment management company, Medu Capital, acquired a 62% equity interest in the company.[6]

In 2013, IWC entered into an agreement with Danish plate heat exchanger manufacturer Sondex to supply its replacement plates and gaskets in sub-Saharan Africa.[7]

In the same year IWC opened a glass-reinforced plastic manufacturing facility in Isando, Ekuhleni, one of only two GRP plants of this kind in South Africa.[8]

Acquisitions

In August 2014, IWC announced the acquisition of Tektower, formerly known as Sulzer Cooling, a South African-based cooling tower manufacturer, to expand its African operations.[9] Tektower now operates as a subsidiary of IWC.

In September 2014, the company acquired the Vectus Pipe system from Fiberpipe;[10] a pipe system manufactured from glass fibre reinforced polyester and vinylester and widely used in the oil and gas, shipbuilding and offshore industries.

References

  1. "Sasol cooling-tower refurb on track for early completion". 18 February 2005. Retrieved 17 October 2014.
  2. "ArcelorMittal South Africa capital expenditure (capex) programme, South Africa". 1 August 2008. Retrieved 17 October 2014.
  3. "Focus Monthly Magasine for Foskor" (PDF). June 2010. Retrieved 17 October 2014.
  4. "Medupi power station project, South Africa". 31 January 2014. Retrieved 17 October 2014.
  5. "Manufacturers". Retrieved 17 October 2014.
  6. "Private equity firm buys cooling tower refurbisher". 6 August 2012. Retrieved 17 October 2014.
  7. "Water-cooling company enters heat exchanger market, launches new division". 2 February 2013. Retrieved 17 October 2014.
  8. "Company launches glass reinfrorced plastics manufacturing plant". 7 June 2013. Retrieved 17 October 2014.
  9. "Tektower brand an 'added advantage' to IWC offering". 29 August 2014. Retrieved 17 October 2014.
  10. "Industrial Water Cooling (IWC) acquires VECTUS pipe system from Fibrepipe". 9 September 2014. Retrieved 17 October 2014.
This article is issued from Wikipedia - version of the 8/30/2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.