![]()
- Dividend Payout Could Hit Record Amount This Year
- With Investors So Bullish, Stock Pullback Must Be Ahead
- Is Bill Gross, PIMCO's Bond King, Losing His Touch?
- Greece Austerity Deal Runs Into Trouble Once Again
- Why Saving Greece Could Destroy the World
- Apple’s Record Run: $500 Is a Magic Number
- Housing Still Hurting Consumers, Economy: Bernanke
- Get Ready for $5 Gas This Year: Ex-Shell CEO
- The World's Best Beers
- In Search of America's ‘Hottest Forecasters’
- Dow vs. S&P 500: Which is a Better Investment?
- Mick Fleetwood on the MP3 ‘Dumbing Down’ of Music
- Avis on the Road to Strong Growth: Analyst
- Private Homebuilders: Dead Men Walking
- LinkedIn’s Growth Is Already Priced In: Analyst
- The Real Reason Behind Bank of America’s Rally
- 5 Hedge Funds’ Top Stocks Soar After 2011 Rout
- This Valentine’s Day Love Is Served on a Silver Platter
MOST SHARED
- How Rescuing Greece Could Destroy the World
- A King Dollar GOP?
- How to Date a Wall Street Man
- Mario Monti on Italy's Economic Future
- The World's Best Beers
- Dow vs. S&P 500: Which is a Better Investment?
- Mick Fleetwood on the MP3 ‘Dumbing Down’ of Music
- Mario Monti's Efforts Good Enough?
- Blue Ivy Gets Trademarked by Beyonce and Jay-Z
- Greek PM on New Debt Deal
MOST POPULAR
HOT ON FACEBOOK
Desalination: Israel Hopes to Tap a Global Market
Senior Producer
![]() |
Almost one-third of Israel's drinking water is now desalinated straight from the Mediterranean Sea. We were able to get a close up look, following the path from the shining sea to the contents of a plastic cup.
We visited the new plant in Ashkelon, which supplies 13 percent of Israel's drinking water. That's no small feat for a thirsty desert nation. The desalination business generates about $40 billion dollars a year and that's growing quickly as developing nations like China and India demand new sources of water.
Israel's IDE runs the plant in Ashkelon, it is the biggest in the world, right now. IDE has contracts with nations all over the globe to make the promise of desalination a reality, giving water to the thirsty from the Arab world to the Middle East. Several big name companies like General Electric [GE
Loading...
()
] have made significant efforts to get in on the lucrative water business.
While the IDE makes drinkable water, it's neighbors ten miles south in Gaza have put the plant in Ashkelon high on it's target list. So far, no direct hits but the plant is prepared with shelters for workers to run to. Ashkelon has been hit several times. Among the victims, a next door neighbor of Israel's Security Minister and the Carlsberg beer plant also in this beach-side but industrial city.
Israel has become a center for Research and Development. While many high-tech companies come out of Israel, they're often sold outside the country, leaving a small but successful Israel high-tech workforce. But with water, Israel's government is hoping to not only take a global lead, but to have water lead to steady and gainful employment. They're putting a lot of hope into this relatively new technology.
In IDE's case, the Ashkelon plant uses SWRO, salt-water reverse osmosis. Pressure is used to push seawater through special cannisters designed to let water pass, while blocking salt, minerals, fish, you name it.
In fact so many minerals are taken out and the water becomes so pure, in order to make it taste familiar, minerals including limestone are adding back in, in the final phase, before it makes it into pipes leading to thousands of homes.
- Marketing clichés aside, sometimes diamonds are for investing.
- The ‘Fast Money’ traders weigh in on fashion related stocks from apparel to footwear.
- This list of the 10 most active cities for speed traps was compiled by Trapster.com. See if your town is there.
- This Valentine’s Day should prove a love fest for restaurants, as many couples will be dining out.
- Here’s a look at Westminster Kennel Club’s most successful breeds—and how much they cost.
- What kind of homes do celebrity couples share? Here’s our updated list. Take a look.












