Parkson Awarded Water Recovery Contract for Pearl GTL Project in Qatar

November 7, 2007 - Parkson has been awarded a contract to provide cooling tower side stream filtration for the Pearl Gas to Liquids (GTL) Project in Ras Laffan Industrial City on the north east coast of Qatar. Sponsored by Qatar Petroleum and Royal Dutch Shell plc, Pearl GTL is not only the world's largest integrated GTL project, but also the largest energy project ever launched within the borders of Qatar.

The Parkson system will contain 24 DynaSand® Filter modules in concrete basins. The system is specifically designed to withstand the severe environment in which it will operate. The Parkson DynaSand Filters will clean the water from the cooling tower blow down operation and return it to the system as makeup water. While not a completely closed loop system, significant water savings are realized by recycling this water.

"The cost of lost water is now being factored into any thoughtfully engineered project whether water is plentiful or scarce;" stated Zain Mahmood, President and CEO of Parkson. "Preserving our water resources is not only the right thing to do, it also makes economic sense."

The Pearl GTL project comprises the development of upstream gas production facilities as well as an onshore GTL plant that will produce 140,000 barrels per day of GTL products along with 120,000 barrels per day of condensate, liquefied petroleum gas and ethane.

About Parkson Corporation
Parkson Corporation is a leading provider of advanced solutions in water recycling and treatment, committed to providing clean water for the world. Headquartered in Fort Lauderdale, with offices in Chicago, Montreal, Dubai and partners in South America, Parkson is an Axel Johnson Inc. Company, member of the Axel Johnson Group of Sweden. To learn more, visit www.parkson.com.