On 26 March 2014, GreenHunter Water, LLC, a subsidiary of GreenHunter Resources, sold its Dewitt County salt water disposal facility to Clear Water Resource Partners, LLC. The US$3.4 million Eagle Ford divestment is the third SWD facility sold in the last 12 months. GreenHunter is refocusing its water service operations for fracking exclusively in the Marcellus and Utica (Appalachia) shale plays.
On 18 March 2014, the Yangon City Development Committee (YCDC) of Myanmar, Manila Water Corporation (MWC), and Mitsubishi Corporation signed an MOU for a non-revenue water (NRW) reduction project. The project involves leak detection, pipe upgrades, and installation of meters and fee collection systems on a small scale. It will cost approximately US$1 million for the project and enable roughly 10,000 connections in central Yangon. MWC implemented similar measures in the East Manila city and seeks to replicate this experience in Yangon.
On 14 March 2014, Korea-based LG Chem filed for the acquisition of NanoH2O, an El Segundo, California-based reverse osmosis technology manufacturer. The reported US$200 million acquisition is expected to close by the end of April 2014. NanoH2O– founded in 2005– is backed by BASF, Total, Khosla Ventures, Oak Investment Partners, and the CalPERS Clean Energy & Technology Fund. The announcement comes after Toray outbid LG to acquire 56% of membrane manufacturer, Woongjin Chemical in 2013 for US$397 million.