Weir Minerals. Conclusion

ITT

ITT Corporation is a global diversified manufacturing company based in the United States. At the start of the year ITT Corp. announced its intention to spin off its water and defence businesses into separate publicity traded companies prior to the end of this year.

On July 14, 2011, ITT announced the name of the Water & Waste Water division. It will be named Xylem, symbol XYL (a reference to xylem tissue in plants)

It operates in four segments: Water transport, treatment and testing, Water technology, & Application solutions.

The Company does business in more than 150 countries. Launched in 2011 from the spinoff of the water-related businesses of ITT Corporation, Xylem is headquartered in White Plains, N. Y., with 2010 revenues of $3. 2 billion and 12, 000 employees worldwide.

Weir Minerals

Founded in 1871

Weir Minerals - manufactures slurry handling equipment and associated spare parts for abrasive high wear applications used in mining as well as in the niche oil sands and flue gas desulphurisation markets. Products include pumps, hydro cyclones, valves, de-watering equipment and wear resistant linings. The division is present in key mining markets, including South and North America, Australia and Africa.

Conclusion

¨ Yet, water problems associated with mining process are one of the main issues of water treating companies, which do their best to turn these posers into peoples` avails.