Caterpillar Announces Wastewater Treatment Service Pilot

Primary tabs

Caterpillar Announces Wastewater Treatment Service Pilot

Strategic Alliance with Hydrus Technology Targets Sustainability Services for Customers
Caterpillar Wastewater Treatment Service Before and After (Photo courtesy of Hydrus Technology)

Caterpillar Wastewater Treatment Service Before and After (Photo courtesy of Hydrus Technology)

tweet me:
.@CaterpillarInc + @Hydrustech Target #Sustainability Services for Customers http://bit.ly/2r2Dmtx #Wastewater #SDGs #CleanWater
Wednesday, May 10, 2017 - 4:00pm

CONTENT: Press Release

PEORIA, Ill., May 10, 2017 /3BL Media/ -- Caterpillar Inc. (NYSE: CAT) today announced the pilot of an advanced water treatment service, targeted at delivering sustainable mobile wastewater treatment to mining, oil and gas and industrial customers around the world. To launch these service offerings, Caterpillar has entered into a strategic alliance with Hydrus Technology, an Australian company that delivers technology-forward solutions for wastewater treatment.

The Caterpillar wastewater treatment service applies Hydrus Technology’s suite of proprietary water treatment technologies to deliver innovative solutions for a range of wastewater, mineral recovery and environmental challenges for customers across the globe, enabling wastewater after treatment to be suitable for re-use or safe for release. The new Caterpillar offering lowers the need for on-site fresh water sourcing and may significantly reduce environmental impact.

“Our customers rely on Cat products to build and develop infrastructure, energy and natural resource assets around the world, enabling sustainable progress and improved living standards for people everywhere,” said Greg Folley, Caterpillar vice president for Industry Solutions, Components and Distribution. “The wastewater treatment service is yet another example that illustrates our corporate commitment to supporting our customers in the field with efficient, cost-effective and sustainable products and services. We are pleased with the opportunity to leverage the technology of experts such as Hydrus Technology in order to accelerate such innovative offerings.”

“An alliance with Caterpillar to expand our groundbreaking wastewater treatment technology to the global marketplace made perfect sense,” said David Cam, the CEO of Hydrus Technology. “Combining our cost-effective, resource-efficient wastewater treatment service with Caterpillar’s market-leading position provides a winning combination for clients, consumers, our two businesses and the environment.”

Caterpillar’s new wastewater treatment service is currently being piloted with select dealers and customers and is expected to be commercially available by the end of 2017.

About Caterpillar
For more than 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2016 sales and revenues of $38.537 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments - Construction Industries, Resource Industries and Energy & Transportation - and also provides financing and related services through its Financial Products segment. For more information, visit caterpillar.com. To connect with us on social media, visit caterpillar.com/social-media.

Forward-looking Statements
Certain statements in this press release relate to future events and expectations and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “believe,” “estimate,” “will be,” “will,” “would,” “expect,” “anticipate,” “plan,” “project,” “intend,” “could,” “should” or other similar words or expressions often identify forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding our outlook, projections, forecasts or trend descriptions. These statements do not guarantee future performance and speak only as of the date they are made, and we do not undertake to update our forward-looking statements. 

Caterpillar’s actual results may differ materially from those described or implied in our forward-looking statements based on a number of factors, including, but not limited to: (i) global and regional economic conditions and economic conditions in the industries we serve; (ii) commodity price changes, material price increases, fluctuations in demand for our products or significant shortages of material; (iii) government monetary or fiscal policies; (iv) political and economic risks, commercial instability and events beyond our control in the countries in which we operate; (v) our ability to develop, produce and market quality products that meet our customers’ needs; (vi) the impact of the highly competitive environment in which we operate on our sales and pricing; (vii) information technology security threats and computer crime; (viii) additional restructuring costs or a failure to realize anticipated savings or benefits from past or future cost reduction actions; (ix) failure to realize all of the anticipated benefits from initiatives to increase our productivity, efficiency and cash flow and to reduce costs; (x) inventory management decisions and sourcing practices of our dealers and our OEM customers; (xi) a failure to realize, or a delay in realizing, all of the anticipated benefits of our acquisitions, joint ventures or divestitures; (xii) union disputes or other employee relations issues; (xiii) adverse effects of unexpected events including natural disasters; (xiv) disruptions or volatility in global financial markets limiting our sources of liquidity or the liquidity of our customers, dealers and suppliers; (xv) failure to maintain our credit ratings and potential resulting increases to our cost of borrowing and adverse effects on our cost of funds, liquidity, competitive position and access to capital markets; (xvi) our Financial Products segment’s risks associated with the financial services industry; (xvii) changes in interest rates or market liquidity conditions; (xviii) an increase in delinquencies, repossessions or net losses of Cat Financial’s customers; (xix) currency fluctuations; (xx) our or Cat Financial’s compliance with financial and other restrictive covenants in debt agreements; (xxi) increased pension plan funding obligations; (xxii) alleged or actual violations of trade or anti-corruption laws and regulations; (xxiii) international trade policies and their impact on demand for our products and our competitive position; (xxiv) additional tax expense or exposure; (xxv) significant legal proceedings, claims, lawsuits or government investigations; (xxvi) new regulations or changes in financial services regulations; (xxvii) compliance with environmental laws and regulations; and (xxviii) other factors described in more detail in Caterpillar’s Forms 10-Q, 10-K and other filings with the Securities and Exchange Commission. 

Contact

Janice Walters
+1 (309) 636-5853
Caterpillar Inc.
Keywords: Sustainable Development Goals | Caterpillar | Clean Water and Sanitation | Climate Action | Environment | Hydrus Technology | Innovation & Technology | Sustainable Development Goals | wastewater treatment | water

CONTENT: Press Release