This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

American Water’s NPXpress Awarded Technology Project Of The Year

American Water Works Company, Inc. (NYSE:AWK), the nation’s largest publicly traded water and wastewater utility, today announced its patented NPXpress Wastewater Technology earned the Technology Project of the Year award. One of four awards presented by industry publication American Water Intelligence (AWI) in its 2012 American Water Awards, Technology Project of the Year recognizes the implementation of a new technology in a completed water or wastewater project which most deserves broader recognition.

This week, at AWI’s American Water Summit in Chicago, Dr. Mark LeChevallier, Director of Innovation and Environmental Stewardship for American Water, along with other finalists, gave a six-minute presentation about American Water’s technology. The summit attendees voted for their choice and American Water was announced as one of two tied winners for the prize later that night at the awards ceremony.

American Water’s NPXpress technology helps wastewater utilities, which are facing both increasing operating costs and more stringent environmental regulations, to reduce costs while improving the removal of nitrogen and phosphorus. Because the technology operates at lower oxygen levels, electricity consumption for aeration is reduced by 50 percent. In addition, the process can eliminate the need for costly chemical addition (methanol) by up to 80 to 100 percent. This new process, created by American Water experts, provides a more affordable and sustainable way of treating sewage.

"It’s an honor to be selected by our peers in a category that included such an elite group of innovators," said LeChevallier, Director of Innovation and Environmental Stewardship for American Water. "The NPXpress technology has demonstrated promising capabilities to achieve wastewater treatment and nutrient removal in a sustainable way and has provided opportunities for wastewater utilities to design, build, and operate an energy neutral wastewater treatment plant."

Sponsored by American Water Intelligence, in partnership with its parent publication, Global Water Intelligence, the 2012 American Water Awards recognize and reward best practices throughout the U.S. water sector. Awards include Utility Performer of the Year, Partnership Performance of the Year, Technology Project of the Year, and Environmental Project of the Year.

Founded in 1886, American Water is the largest publicly traded U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs approximately 7,000 dedicated professionals who provide drinking water, wastewater and other related services to an estimated 15 million people in more than 30 states and parts of Canada. More information can be found at www.amwater.com.

Click here to subscribe to Mobile Alerts for American Water.

Copyright Business Wire 2010

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,122.01 +15.31 0.09%
S&P 500 2,000.12 +0.10 0.00%
NASDAQ 4,569.6210 -1.0160 -0.02%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs