General Electric Company
) recently improved the operating performance of Portugal brewery-
Sociedade Central de Cervejas e Bebidas (SCC) by providing advanced
membranes and water chemical technology.
SCC has insufficient ground water to meet the brewery water
requirements and is prone to a high risk of water scarcity in the
forthcoming years in Portugal. The brewing process is high in
energy consumption and water intensive so the breweries are taking
significant strides to reduce the energy and water requirement.
By leveraging General Electric's membranes and advanced
chemistry technology, SCC is likely to improve its water
treatment performance, reduce shutdowns by five times and generate
cost savings. The Portugal brewery reuses wastewater to its cooling
towers, which is expected to reduce its water discharge by 72
million liters annually and its fresh water consumption by the same
Also, the productivity of the brewery is expected to increase by
40% with the usage of advanced water treatment technology. Such
innovative technology upgrades are likely to augment revenues for
the company. Additionally, General Electric awarded SCC an
ecomagination award to recognize its efforts in reduction of fresh
water consumption and wastewater discharge.
General Electric is one of the most diversified technologies and
financial service corporations in the world. The company's segments
include Power & Water, Oil & Gas, Energy Management,
Aviation, Healthcare, Transportation, Home & Business
Solutions, and GE Capital. GE Power & Water produces gas, steam
and aero derivative turbines; generators; combined cycle systems;
and renewable energy solutions, as well as provides water treatment
services and equipments.
General Electric currently has a Zacks Rank #3 (Hold). Other
stocks that look promising and are worth a look now include
Icahn Enterprises, L.P.
Noble Group Ltd.
), each carrying a Zacks Rank #1 (Strong Buy).
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