LOUGHBOROUGH, United Kingdom--(BUSINESS WIRE)--Aqualiner Limited, a company commercialising a unique next generation trenchless pipelining technology for the water and sewerage markets, announces the appointment of Dr Dec Downey as Non-Executive Chairman of the Company. Dec Downey spent almost 30 years working with pipes and pipelines involved in manufacturing, technology transfer and contracting before becoming a consultant in 2002 and is currently Chairman of the International Society for Trenchless Technology (ISTT) www.istt.com.
Dec Downey is a Principal with Jason Consultants Group based in the United Kingdom. He is responsible for Jason’s activity in sewer and water mains rehabilitation. Elected Chairman of the International Society of Trenchless Technology (ISTT) in 2007, Dec was UKSTT Chairman from 1999 to 2001 and has served as an ISTT Guarantor and as a member of ISTT’s Executive Steering Committee since 2000.
Dec Downey brings a wealth of experience to the Company in all aspects of pipeline design, installation and rehabilitation with special expertise in cured in place technology for gravity and pressure pipes. He has significant experience of research and development, product launch, international marketing, technology transfer, licensing and support. He has worked extensively in Japan, India and the countries of the Pacific Rim and is recognised as a leading expert in these markets as well as in pipeline rehabilitation.
Commenting on his new role, Dec Downey said “I am very pleased to work with the Aqualiner team, they bring substantial competence and expertise to our industry and a very promising new product. I have had the privilege of working with some of the best development teams in pipeline rehabilitation over many years and I look forward to sharing my experiences to help bring this excellent product to market”
Commenting on the appointment, Aqualiner’s Managing Director, Gerry Boyce said: “We are delighted to welcome someone of Dec’s calibre to the Board. His long commercial career, strong reputation in the industry, experience with premium new technologies and knowledge of the water sector will be invaluable in achieving Aqualiner’s corporate and commercial targets.”
Dec Downey is a Chartered Engineer who holds a B.Sc. in Engineering Metallurgy and a Ph.D. in Materials Science from the University of Bath, UK. In 1992 he was awarded the Kurose Prize by the Japan Microtunnelling Association for dedication to technology transfer. He is a Liveryman in the Worshipful Company of Water Conservators. Dr Downey has published some fifty papers on pipeline rehabilitation and serves on many industry committees including the Pipeline Industries Guild Pipelines Panel and the Chartered Institution of Water and Environmental Management (CIWEM) Editorial Board.
About Aqualiner Limited
Aqualiner Limited (“Aqualiner”) has an exclusive licence (worldwide, excluding Scandinavia) on a patented process to commercialise a specialist pipelining technology for the water and sewerage markets. The process is a trenchless repair technique and has been developed by a consortium (including 3 leading UK water companies) consisting of: Severn Trent Water, Anglian Water, Yorkshire Water, NCC Construction Danmark A/S and EPL Composite Solutions Limited.
The self contained Aqualiner equipment, lines the water or sewerage pipe with a thin but extremely strong thermoplastic polymer composite. The key benefits over existing methods are:
This document contains certain forward-looking statements with respect to the financial condition, results of operations and business achievements/performance of Aqualiner and certain of the plans and objectives of management of Aqualiner with respect thereto. These statements may generally, but not always, be identified by the use of words such as 'should', 'expects', 'estimates', 'believes' or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they reflect Aqualiner’s current expectations and assumptions as to future events and circumstances that may not prove accurate: a number of factors could cause Aqualiner’s actual financial condition, results of operations and business achievements/performance to differ materially from the estimates made or implied in such forward-looking statements. No representation or warranty (expressed or implied) is given as to the accuracy or completeness of the contents of this document and no liability is accepted for its contents or any omissions from it.
Registered Office: 105 Derby Road, Loughborough Leicestershire LE11 5AE
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