IDE Technologies
{{Short description|Israeli company}}
{{Infobox company
| name = IDE Technologies
| logo = File:Visit to IDE Hadera Mo.042 (7654729568).jpg
| type =
| slogan =
| foundation = {{start date and age|1965}}
| location = Hamatechet Street, Hasharon Industrial Park, Kadima, Israel
| key_people = Asaf Bartfeld (Chairman)
Avshalom Felber (CEO & President)
| num_employees =
| industry = water desalination
| revenue =
| owner = Alpha Partners, Delek
| subsid =
| homepage = [http://www.ide-tech.com ide-tech.com]
}}
IDE Technologies is an Israeli water desalination company.[https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=893256 Company Overview of IDE Technologies Ltd.], Bloomberg Business
History
The company was founded in 1965{{Cite web |url=http://www.delek-group.com/holdings/energyinfrastructure/idetechnologies.aspx |title=Delek Group: IDE Technologies |access-date=2015-04-25 |archive-url=https://web.archive.org/web/20150512161022/http://www.delek-group.com/holdings/energyinfrastructure/idetechnologies.aspx |archive-date=2015-05-12 |url-status=dead }} by Ukrainian-born engineer Alexander Zarchin.{{Cite web|url=https://www.jewishla.org/israeli-inventions-desalination-and-drought/|title=Israeli Inventions: Desalination and Drought|date=19 April 2016}} It is headquartered in the Hasharon Industrial Park in Kadima, Israel. Its chairman is Asaf Bartfeld, while its chief executive officer and president is Avshalom Felber.
In Israel, it has built desalination plants in Hadera, Ashkelon and Soreq.Vita Bekker, [http://www.ft.com/cms/s/0/9aacb8d8-0dd7-11e1-91e5-00144feabdc0.html#axzz3YMX7dPkm Israelis soak up high cost of desalination], Financial Times, November 28, 2011The Associated Press, [https://www.nytimes.com/aponline/2014/05/30/world/middleeast/ap-ml-israel-water-woes.html?_r=0 Israel Solves Water Woes With Desalination], The New York Times, May 30, 2014
In 2013, it agreed to design the Carlsbad desalination plant in Carlsbad, California.[https://www.reuters.com/article/us-ide-technologies-desalination-idUSBRE90208L20130103 IDE Technologies to help build largest U.S. desalination plant], Reuters, January 3, 2013 It was expected to be completed by 2016,Reuters, [http://www.haaretz.com/business/israel-s-ide-technologies-to-help-build-largest-u-s-desalination-plant-1.492444 Israel's IDE Technologies to help build largest U.S. desalination plant], Haaretz, January 7, 2013 however, due to the continuing drought in California, plant completion was advanced to late 2015, and was eventually finished in December, 2015.Carlsbad desalination plant Other projects under construction include plants in India,Amy Kazmin, [http://www.ft.com/cms/s/0/eba9c49c-b9c8-11df-968f-00144feabdc0.html#axzz3YMX7dPkm Chennai finds solution to water shortages], Financial Times, September 6, 2010 Chile, Venezuela and Mexico.Yoram Gabison, [http://www.haaretz.com/business/.premium-1.626157 Israel Chemicals puts desalination unit up for sale: IDE Technologies could fetch up to $1 billion as well as give the company access to Arab markets.], Haaretz, November 12, 2014
Ownership
IDE is jointly owned by Alfa Partners, a private strategic water fund controlled by Avshalom Felber, IDE Executive Chairman, and Amir Lang, former EVP of the Delek Group.{{Cite news |date=2020-03-15 |title=Delek Group brings forward sale of IDE stake |url=https://en.globes.co.il/en/article-delek-brings-forward-sale-of-ide-stake-1001321894 |access-date=2024-01-31 |work=Globes |language=en}}