PORT WASHINGTON, N.Y., October 13, 2011 -
Global growth of the middle class is driving increased consumption of
fuels, chemicals and polymers. Greg Collins, Senior Vice President,
Water and Energy Business Group for Pall Corporation (NYSE:PLL),
will speak on the filtration challenges and opportunities brought about
by this demographic change at the 2011
Fall American Filtration & Separations Society (AFS) Conference.
The discussion, “Emerging Opportunities and Challenges for the
Filtration Industry in Serving the Energy Sector,” will take place
on Wednesday, October 19, during the AFS Conference and Exhibition
(October 17 - 20 in Houston, Texas). AFS is a nonprofit educational
organization created to provide a forum for exchange of information
among engineers, scientists, and technologists in all areas of the
fluid/particle separation field.
Greg Collins, Senior Vice President, Water and Energy Business Group for Pall Corporation (Photo: Business Wire)
Energy firms are major consumers of filtration and separation products
within the $48 billion filtration market. A key growth driver in the
energy sector, especially in emerging regions, is changes in population
demographics. According to the United Nations Department of Economic and
Social Affairs Report (World Urbanization Prospects: The 2003
Revision, page 28), Africa’s urban population will increase by 2.5
times between 2000 and 2030, and Asia’s will nearly double. With 748
million urban dwellers in 2030, Africa will have 15 percent of the total
world urban population, while Asia will have 54 percent, or 2.7 billion
persons. Together, they will account for nearly 70 percent of the urban
population of the world.
This growth in the global middle class is translating to increased
production of fuels and chemicals to satisfy heightened demand for, and
use of, automobiles, airplane travel and larger living accommodations.
Increases are expected in the consumption of traditional energy sources
as well as alternative ones such as biofuels, wind and solar power.
Collins’ presentation will focus on the impact of these trends as well
as other energy market drivers.
“The change in global demographics is creating technical and commercial
opportunities as well as challenges for the filtration industry,” says
Greg Collins, Senior Vice President, Water and Energy Business Group for
Pall Corporation. “Filtration and separation providers that can
consistently offer high-performance total fluid management solutions
across geographic markets and energy subsets will be in the best
position to capitalize on trends in the evolving energy sector.”
Pall Energy, a division of Pall Corporation, provides filtration and
separation technologies for the alternative and renewable energy
industries; petroleum refineries; the oil and gas industry; power
production, transmission, and distribution; chemical and petrochemical
plants; and polymer producers. The Company's products and services
enable customers to reduce the total cost of ownership and increase
output while meeting regulatory requirements. Pall's solutions help to
ensure product quality and protect consumers while lowering operating
costs. They also enable the production of clean, sustainable energy, and
water recycling and reuse. For more information, visit www.pall.com/chemical
About Pall Corporation
Pall Corporation (NYSE:PLL)
is a filtration, separation and purification leader providing solutions
to meet the critical fluid management needs of customers across the
broad spectrum of life sciences and industry. Pall works with customers
to advance health, safety and environmentally responsible technologies.
The Company’s engineered products enable process and product innovation
and minimize emissions and waste. Pall Corporation, with total revenues
of $2.7 billion for fiscal year 2011, is an S&P 500 company with almost
11,000 employees serving customers worldwide. To see how Pall is helping
enable a greener, safer, more sustainable future, follow us on Twitter @PallCorporation
or visit www.pall.com/green.