Image: SC Water to acquire Keystone Clearwater Solutions from American Water. Photo: courtesy of rawpixel/Pixabay. SC Water, LLC, a Pennsylvania-based natural gas and oil industry investment group, has signed a Membership Interest Purchase Agreement to acquire Keystone Clearwater Solutions from American Water Works Company, Inc. (NYSE: AWK). The acquisition of Keystone Clearwater Solutions, a specialized water management firm serving the Appalachian Basin’s natural gas and oil industry, is expected close by the end of 2019.As part of the transaction, Keystone Clearwater Solutions will form a strategic partnership with Hydro Recovery LP, a water treatment, recycling and transportation company. The strategic partnership – with Hydro Recovery having common ownership with SC Water – will create an industry-leading portfolio of water-related and environmental solution services for natural gas and oil companies operating across the Appalachian Basin.“This transaction and strategic partnership between Keystone Clearwater Solutions and Hydro Recovery will return Keystone to a natural gas and oil industry focused ownership group while enhancing our combined companies’ abilities to provide the critical services demanded by the industry,” said Keystone President and CEO Dan Dalton. “We look forward to continuing to provide our customers with superior service and are excited about our ability to bring an expanded portfolio of tailored water solutions to meet and exceed their evolving needs.”“This partnership reflects Hydro Recovery’s commitment to providing our natural gas and oil industry customers with a deep portfolio of water solution services that meet their unique needs,” said Hydro Recovery CEO Thomas Stabley. “Hydro Recovery is ideally positioned to operate and continue to grow alongside Keystone Clearwater Solutions. I look forward to working with the Keystone team to continue to build our competitive advantage focused on first-rate customer service.” Source: Company Press Release As part of the transaction, Keystone Clearwater Solutions will form a strategic partnership with Hydro Recovery LP, a water treatment, recycling and transportation company
Reporters from the provincial press and Publication Bureau learned that our province characteristics of cultural products, Internet Plus + creative cultural industry development continues to heat up, more and more cultural products are renowned at home and abroad, and constantly improve the innovation characteristics of cultural products driving force, the rapid development of effectively promoting the cultural industry. In November 2nd, jointly organized by the Ministry of culture and the culture of Renmin University of China Chinese China Cultural Industry Conference and pull the index of urban and rural residents cultural consumption pilot project stage results conference, the cultural industry of our province driving force index ranked fifth in the country for two consecutive years ranked in the forefront of the country.
our province characteristics of cultural products and Chinese recently unveiled the tenth session of Beijing International Cultural & Creative Industry Expo and the eighth session of the China Strait (Xiamen) Cultural Industry Fair, creative and rich and colorful cultural products, attracted the attention of the audience and customers. This year, our province cultural authorities increase the development of cultural and creative industries to support efforts to actively guide and encourage innovation in enterprise culture, creative and cultural features of the local products developed by domestic and foreign tourists. To effectively broaden our province characteristics of cultural products market space, the Office actively build exhibition, publicity, promotion, exchange, trading platform for cultural enterprises, has organized 264 cultural enterprises in the domestic fair and the 2015 Qinghai Cultural Tourism Festival, exhibited a total of 8 cultural products categories more than 10 thousand varieties, cultural products sales up to 32 million 446 thousand yuan, product orders amounted to 33 million 997 thousand yuan, the cultural industry signed 9 investment projects, contract amounting to 411 million yuan.