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.
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