[00:00:00] Speaker A: Hi, this is Patrick Keeney, the CEO.
[00:00:02] Speaker B: Of Subeca and you're listening to the Water Values Podcast. The Water Values Podcast is sponsored by the following market leading companies and organizations by Black and Veatch Building a World of difference by 120 water new rules need New Tools by Suez Digital Solutions. Optimizing Water by IDE Water Technologies, your partner in water treatment and sustainable desalination for six decades by Advanced Drainage Systems. Our Reason is water by 1898 & Co.
Possibilities Powered by Experience by Woodard and Curran High Quality Consulting Engineering Science and Operations Services by Entera Innovation and Stewardship for a Sustainable Tomorrow by Xylem. Let's Solve Water.
And by the American Waterworks association, dedicated to the world's most important resource. This is session 276.
Welcome to the Water Values Podcast.
[00:01:08] Speaker A: This is the podcast dedicated to water utilities resources, treatment, reuse and all things water. Now here's your host, Dave McGimcie.
[00:01:21] Speaker B: Well, hello and welcome to another session of the Water Values Podcast. As my daughter Sarah said, my name is David Mc and thank you for joining me and thank you for your support over the last 11 plus years. Now we've got a great show for you this month. Shimon Constante returns to the guest chair to discuss disinfection and water reuse in Latin American markets. And Shimon always does a great interview, so stay tuned. It's a great, great interview that Shimon delivers again.
Also, Rhys Tisdale joins us for a Bluefield on Tap segment that provides insights gleaned from Bluefield's recent report on the investor owned utility market.
But before we get to today's conversations, we always say thank you to our awesome sponsors at the top of every show. And we have fantastic sponsors this year. We have Black & Veatch 120 Water, Suez Digital Solutions, IDE Water Technologies, Advanced Drainage Systems 1898 & Co. Woodard & Curran, Entera Xylem and the American Waterworks Association. And that, my friends, is a terrific collection of impactful companies that have affirmatively decided to support water industry thought leadership and education. And I thank you all. And I'd like for you to do me a favor. If you work for or with any of those sponsors, please thank your boss or thank your contact at the sponsor firm and let them know that you appreciate their leadership in the industry through that sponsorship. You'd be very surprised how far a simple little note of thanks will go.
And as long as you're letting sponsors know that you appreciate their support of water industry education and thought leadership. Hey why not leave a rating and review on Apple Podcasts or whatever other podcast directory you're accessing. The podcast on would be greatly appreciated and of course, helps others find out about the podcast. And also, please don't forget to subscribe to the podcast. Yes, that's kind of important.
Well, we're ready to go. But before we head on to the interview with Shimon, we've got a Bluefield on Tap segment with Bluefield Research's Reece Tisdale. So take it away, guys.
Well, Reece, welcome to another Bluefield on Tap. How you doing this month?
[00:03:24] Speaker C: I'm pretty good. Pretty good. And you've been on my mind. That's because the Seattle Mariners are in first place. As we talk about.
[00:03:33] Speaker B: Let's not jinx it. Let's not jinx it.
[00:03:35] Speaker C: The other is, and we've never even talked talked about basketball, but I find it hard to believe that I'm rooting for the Indiana paid win at all. That's what I'm rooting for.
[00:03:45] Speaker B: Yeah. Well, so if the Pacers do make the NBA Finals, that would have my.
I mean, because I was a Sonics fan for a long time and the Oklahoma City is the team that kind of replaced the Sonics. So I'm not going to say they moved because the Sonics will always be in Seattle, but it'll be the two teams that I have the most connection to facing off in the finals. Go Pacers.
[00:04:11] Speaker C: Yeah, I'm all about the Pacers. I'm a big. Aaron Neesmith went to the school where I grew up, so I'm.
Yeah, so I'm really excited about the Pacers. It was Boston Celtic too, for what it's worth.
[00:04:25] Speaker B: Very good. Well, a lot going on in the water sector as always.
So what has risen to the top of Bluefield's stack this month?
[00:04:35] Speaker C: Well, this time I thought it might be of interest to you. It's sort of closer to your world in some respects. And that is we've just done analysis of the leading IUs top 20 I use in water wastewater in the US so these investor and utilities are the movers and shakers of what other people call may call private participation in water. And so we've done that and I thought I'd share some of my insights.
[00:04:59] Speaker B: Yeah, well, let's hear it. First, can you kind of like.
Because it seems to me that there are a couple of mammoth players and then there are a lot of smaller players. Is that kind of how you see the market shaking out? I mean, who's kind of making up the Top.
[00:05:15] Speaker C: Yeah, it's no doubt. It feels like you're reading my notes.
I'd say so. Big picture. So these top 20 IUs, they serve about 9 million connections in the U.S. so think water and wastewater, when you account for the differences, it's about 5% of total connections are served by these investor and utilities. So it's really not that big. But as far as like the big players. Right. So there is one, if you want to call it 800 pound gorilla, that would be American water. They serve about as far as market share goes, they're about 39% of the total, so they're huge. Followed by the next three. So that would be essential.
Veolia and Cal Water and their market share ranges anywhere from 6 to 12% respectively.
[00:06:04] Speaker B: Yeah, that's. I thought the total market share would be greater because I've always assumed around 15% of the market would be served by private and I heard five. So kind of.
[00:06:20] Speaker C: Yeah, I know exactly what you're getting at. So the EPA puts out its list and particularly when you look at drinking water, drinking water systems or utilities, and when you categorize it or filter it by private, it's about 14 to 15%, pretty close to that. And so that's the number that most people use. But what we've done in Bluefield is we've said, okay, well wait a second, these are private. Sure, but which ones of these actually are what we would call companies that have a strategy, they're multi jurisdictional.
And so you know, when you weed out the top 20 investor and utilities, that number goes down to 5%. The other that, you know, the other, you know, say 9% is trailer parks, small communities, and they're categorized as private. So if anything, they're oftentimes targets for acquisition more than anything else. So I think that that's really the difference in what we're looking at.
[00:07:22] Speaker B: Got it. So when you were doing this research, apart from kind of the strata of the various companies that are in the private sector, what other interesting tidbits did your research turn up?
[00:07:41] Speaker C: Well, one of the things is, so when we started, when we started looking at this originally it was, we were looking at M and A and so who's growing and how they're doing it.
59% of the deals over the past five years among these companies are really in six states. So we're looking at Texas, Louisiana, Mississippi, Missouri, Arizona and Pennsylvania. That's really where all the, where the action is. Texas is leapt forward.
That is the most competitive state. So that's One aspect of it, I think also, and we may have talked about this, I don't recall, but I think the past five or six year average is about 135 deals a year. That's acquisitions year. That number has fallen actually this past year, 2024 fell to about 100. So there's a 35 deal drop which is a little, you know, that was the biggest, one of the biggest swings we've seen over the past decade.
[00:08:37] Speaker B: That's interesting now. So I've been thinking a lot about this topic lately really since I saw that the s, at least in the, in the House passed version of the one big beautiful bill, there's going to be a significant cut to SRF funding. And in my view that will cause municipal systems to, if the, if that continues, if that makes it into the final bill and SRF funding is cut, that will almost certainly require municipalities, municipal water utilities to, you know, have the full cost of water, which may make it easier for IOUs to come in and serve because the advantage that municipals have always had is the lower debt financing that do, you know, to undertake projects that might go away if the SRF goes. I mean, do you have a take on that?
[00:09:36] Speaker C: Yeah, this actually I had a discussion about this this morning with someone and we were talking about the risk to SRF funding. Generally. It's been bipartisan. Like everybody congressionally has felt pretty good about it given what's happening in the administration.
Congress has been pretty silent. So as they work through these details, there are a couple points of concern when it comes to SRF funding. One is that the earmarks, the congressional earmarks are starting to cut into that. They're sort of the earmarks are back in play, which were disallowed until recently.
So that's a risk to them. And the other part of that is they are going to be looking for are they conflating wifio with state revolving funds? Right. So there's all this horse trading taking place in Congress for the big beautiful bill. What does that mean? I mean there are hundreds, thousands of systems that do rely on these low interest loans.
And so it is a real concern.
You know, I was pointed pointedly. Someone said what's going to happen? Can you give me a number on whether you think it's going to, they're going to disappear or not? I can't. I've stopped, you know, watching the sausage being made in Washington.
But I think it's a legitimate concern at least for those utilities. And so the money is going to have to come from somewhere. So oftentimes the smaller systems get access to those funds.
That's a big part of what they are there for. And it does vary wildly by state. Some states are much further ahead than others and some utilize them at greater levels. And so, yeah, if there's a vacuum, then the IOUs certainly will try to step in at least.
[00:11:29] Speaker B: Yeah, that's kind of what I think.
And the. You identified it. You hit the nail on the head when you said the smaller systems are the ones that most often take advantage of that funding. Well, they're the ones that will get vacuumed up by the IOUs.
[00:11:43] Speaker C: And they're already the ones that are traditionally being acquired, I think 60 to 70% of deals or acquisitions that take place and they're consolidation, regionalization, whatever you want to call it needs to happen. There's so many systems, so many small systems, and, you know, but 60 to 70% of deals that take place even today by IOUs are for small or very small systems.
[00:12:06] Speaker A: Yeah.
[00:12:07] Speaker B: Well, Rhys, as always, great information. We could, we could talk for hours on this, but really appreciate the insights, really appreciate your knowledge and thanks so much and we'll talk to you again in July.
[00:12:20] Speaker C: All right, Dave, look forward to it and it'll be a good summer. Go Pacers.
[00:12:26] Speaker B: As always, great information from Bluefield Research and Reece Tisdale. Now it's time for the main event, our interview with Shimon Constante. So let's get that water flowing.
Well, Shimon, welcome back to the Water Values podcast. Great to have you back on. How have you been lately?
[00:12:41] Speaker A: Great, great. David, first of all, thank you very much for this opportunity to speak again.
It has been a while since we last spoke.
Things have been great. I think the, the, you know, the water market is going through some very interesting, you know, period and continuing what I've been doing always in consulting and in, in my previous experience with me, I'm currently focusing on water disinfection as evp, strategic growth at Atlantium and dealing mainly with that area of water where you are, where we are focused on both potable water and wastewater disinfection, which we, I'm sure we're going to have a lot of opportunity to speak today.
[00:13:31] Speaker B: Absolutely. So very interested. I always find Latin America a fascinating region.
I just think it's really interesting. And one of the things that you kind of brought up when we were talking initially was Mexico and, and how the new administration down there has put kind of water front and center, which when we started that conversation, it was before the Rio Grande issues popped up with between the US and Mexico. So can you, can you just fill us in like big picture what's going on with water in Mexico?
[00:14:12] Speaker A: Sure, sure.
I think one of the things that we're seeing in Mexico, which is very similar to what we're seeing in many countries around the world and specifically SPE in Latin America, is we're seeing water crisis is basically becoming a very big issue.
Not only that is has been a big issue for a while, but it has recently been also the one of the five points of the governmental campaign which the new shame bound president has been announcing as something to deal with.
Mexico is dealing with this regardless of the conflict. The current conflict I would say with Rio Grande in the US Mexico I think is dealing with a few main fronts and I would name a few.
One is the scarcity, which the scarcity is becoming an issue not only in the outskirts of cities like Mexico City, rather in the centers of big cities like Mexico City, Monterey, Guadalajara and those are big production centers. The other thing is the pollution itself. Pollution, wastewater pollution has become a big issue. Even if you're not looking at the reuse aspect of it yet or reclamation of water, the wastewater and its impact on the environment has become real.
And I love seeing that from my perspective at least, and the attention that is being given to that. And maybe the last point which has to do with both scarcity and pollution is this interaction basically that Mexico has along its border with the US and you know, who assumes which responsibility, who's taking care of, you know, preventing pollution.
And there we're seeing a big crisis which is obviously with the new administration on both sides is coming up and becoming a real issue where both sides will need to resolve in one way or another.
And we're seeing a lot of investment coming into that specifically.
[00:16:33] Speaker B: That's really interesting, you brought up the pollution now.
So if I can put this in perspective, the US had lax environmental rules until Silent Spring was published and the US EPA was established in the early 70s.
Is Mexico heading that direction where they have a stronger environmental regulatory scheme?
[00:16:57] Speaker A: Yes, yes. So the norms that have been under regulation so far in Mexico, some of them have been in place as we see in the US and we have a few examples in the US where different states act differently. But on a federal level in Mexico, some norms have been in place but have not been rigid enough, I would say.
So regardless of whether you're allowing to reuse your water, either direct or indirect, for potable reuse or for agriculture, the regulation on what is the measurement of this infection, what are the levels that are allowed have not been well established yet. And one of the things that have been on the agenda of this new government is to really define those. So we have norm, for example, norm 001 of Cermont in Mexico, which is basically defining. Now it's being updated with tightening their monitoring, which I think is one of the most essential things when we talk about reuse and regulation by its.
And the other thing is besides the monitoring aspect is what criteria do I give the different organizations in order to be able to reuse? So we have new norms.001 we have.003 that is also defining how treated wastewater can be reused whether human contact or not.
But David, I think it's important also to say that when we look at the U.S.
the U.S. is very, you know, very scattered in the sense of certain states that have guidelines. Not always it's a regulation, but sometimes it's a guidelines for industrial applications, for example, versus other applications like agriculture in, in the reuse when we look at reuse. So Florida for example, is a good example of, you know, having very straight guidelines on all levels of reuse. But you see other states like Minnesota, which would have very clear guidelines for non potable water reuse but will not have really clear guidelines about industrial applications reuse.
So Mexico is going to the same thing in the federal level, but it's, I would say doing some headway in providing clearer guidelines. I think what we have to be watching for is to see how well will this be monitored and what are going to be the incentives as well, whether it's industrially reused. So what are going to be the incentives for the industries themselves?
And that's something that, you know, I'm looking very closely at the moment with the big industries, big companies like Toyota, car manufacturers, semiconductors, microelectronics that are there, data centers and so forth.
So it's something to be watched yet.
[00:20:25] Speaker B: Yeah, that's a really interesting point.
Now what's playing out in Mexico is that consistent with the rest of Latin America?
[00:20:35] Speaker A: I would say in a sense, yes. In a sense, yes. I think if we look at, I would say three countries that are the most prominent in that sense. I would look at Mexico, Chile and Brazil, which are doing some very good headways.
I think some of them have an intrinsic, I would say dilemma or I would say some kind of misalignment between their basic rules, human rights rules and the use of water rules that are not enabling the reuse enough.
So Chile has some contradiction between, you know, whether you are able to take water and not throw it to the river and do reuse for industrial usage, for example.
So there are some conflicts between agriculture, farms and those industries are specifically speaking, for example, mining companies that are using very high levels of water.
Brazil is going through the same thing still it's not well regulated whether you can take the water, wastewater, reuse it for agriculture. So those three countries, I would say, are setting the trends for Latin America.
While on the other hand, you have many countries like Peru, Colombia and others which are a little bit behind in that sense.
We are seeing though trends of improving the legal framework.
But if you ask me, the most important thing would be in the end of the day, and I think this goes across many countries.
But specifically speaking in Latin America it would be important to have the industries incentivized and on the other hand, penalized. But how do we create a situation where the industries which are the highest water consumers will have the interest to reuse or will have the tight regulations to force them to at least treat the wastewater or effluent to the level where it could be easily reused by the social and environmental beneficiaries.
[00:23:03] Speaker B: Right. So talk to me a little about reuse. I mean, you mentioned disinfection early on in this conversation and that's a key aspect of reuse. So can you talk a little about the role disinfection plays in reuse?
[00:23:20] Speaker A: Sure.
So this, you know, all along I think we've been accustomed to looking at filtration and how, I would say maybe the primary and secondary types of treatment where you mainly would take, I would say, bigger particles out.
And mainly those, those industries which need very highly disinfected water would be focused on high technologies such as Atlanteans to disinfect the water to the highest degree. So if we look for example at the semiconductors industry, you look at the ultra pure water that is being used there, they've been able to invest a lot of money to make sure that the water is extremely highly disinfected.
Pharmaceutical, we look at companies like Coca Cola, for example, or Pepsi companies have been investing a lot in their processes.
Nevertheless, when you look at so far at what has been going on with wastewater, wastewater has typically been going through some very low level, this infection to a degree that it would be discharged into some environmental, whether it's, you know, the sea, whether it's a river, and there would not be such a high concern with this infection.
This is one end. The other hand, which I think it's A little bit more dangerous is what we're seeing with the PFAS at the moment. So we're seeing very high level pollutants being discharged by the industry and creating very high contaminations.
So when we are looking at this infection, going back to your question, we're trying to find out which technology or which process, and sometimes it's a few technologies combined together can bring to the highest disinfection level where the cost benefit makes sense.
You have a good positive roi.
So that's one thing that is happening in the background when we look at this infection. But the other thing, and this is a little bit looking at how do I minimize the environmental impact in general.
This infection so far has been done by chemicals.
So there is a big understanding that we have to reduce or at least be more efficient in the way we use chemicals.
When we on one hand want to disinfect by using chemicals, but on the other hand are trying not to impact the environment with for example chlorine into water resources, we're looking, okay, so which technology can make it more sustainable? Which technology is better, higher impact and cost effective?
Sometimes, sometimes we will find ourselves drawn towards the cheapest solution. As we always know, and this is the big challenge, especially when we're looking at, you know, municipality, water utilities and so forth, is how do we not necessarily go to the cheapest but go to the most sustainable. And this is where I think regulation needs to be taking a very strong role and define those limits. You know, what is, okay, you want to reach this infection, but how much do I allow you to use chemicals?
What we're seeing today in the disinfection world, which is interesting, there is apart from the, you know, outside regulation or governmental kind of regulations, EPA and so forth, you are seeing self regulated companies, companies like Google and others who are imposing self regulation on their environmental responsibility, on how much they're using chemicals and, and, and what are the alternatives there?
I think the challenge, the real challenge with this infection is how do you on one hand really destroy those dangerous components like PFAS or the forever chemicals as we call them.
How do you destroy them in an effective manner?
On one hand, on the other hand is how do we make sure that we disinfect to the exact level where it's beneficial for the environment and cost effective for whoever is doing that, whether it's an industry, whether it's a government and so forth.
And we've seen a lot of development in disinfection in general, in various technologies. I think there is a Very interesting combination of technologies recently, especially when we're looking at for example, advanced oxidation solutions where you combine different processes, different technologies that aim to really disinfect to the highest degree in the most complicated effluents.
[00:28:53] Speaker B: Yeah, so that's a really fascinating way to look at things with the self regulation versus government imposed regulation.
I look at that as a bell curve. If everyone was just allowed to self regulate. Yeah, you're going to have some companies who do a great job of self regulation and they're going to be at the right end, so to speak, of that bell curve. But most companies are going to be in the middle and then there'll be some environmental laggard, so to speak, right at the other end of the bell curve. And so what are you seeing in terms of the disinfection?
Is Latin America. Are the countries there moving towards a more robust regulatory scheme that will force the methods for disinfection and spur technological advancement once the there are clear rules in place? Or is this kind of just we're relying on companies to self regulate? What's your perspective on that in latam?
[00:30:06] Speaker A: Yeah, so I think we're seeing two dynamics, two main dynamics, I would say. The first one is those multinational companies such as, as I mentioned before, Coca Cola or Kimberly Clark and so forth, which have, which are internationally managed and their vision is international.
Nevertheless they have local big industries. So just one example, Kimberly Clark in Mexico has many plants that are very, very big. Some of them are the main distributor of certain products, for example, such as the wet towels for babies even they're being actually exported to the us so we're seeing those big companies who have decided to self regulate themselves and they take the highest measures and the highest standards for disinfection.
And that is interesting because in some cases I would say it's so rigid that the disinfection levels are higher than what it's needed. But the regulation has been set anonymously for all the world.
So that's one thing that you're seeing in Latin America happening very interestingly both in Brazil, Argentina, Mexico, Chile, those multinational companies that have operations worldwide. On the other hand, what you're seeing is governments, or maybe I would say not necessarily governments, but government entities building certain incentives to allow for that disinfection or that regulation to be taking place and to be financially justifiable. So for example, if we look at Brazil as an example, Sao Paulo, so Sao Paulo actually created joint venture between SABESPE and now its partner gsenema have built a wastewater treatment plant called Aqua Polo, which is actually selling their water to Briscane. The treated water that by itself was initiated by sebespa, which is a, was until recently a governmental owned entity water utility. It's now been, it has been fully privatized and they have the, they were the ones who have actually initiated this in order to create a water reuse or wastewater reuse treatment plan that made sense financially. And that's something you're starting to see in various places. We're seeing this, for example, mentioned in Mexico. Monterey has done an amazing work with actually being approved by the health Ministry to do direct potable reuse. Something that is not even regulated by the government, but financially it's justifiable and they've been able to do that. So I think we're seeing two things. We're seeing. On one hand we're seeing the private international companies having worldwide regulation. On the other hand, we're seeing entities, whether it's, it's mainly pushed by governmental entities to do something that makes sense financially.
What we're not seeing enough, I think. And it's starting, it's starting in some cases is regulated that are higher in penalizing.
So I penalize you if you extract or you're trying to get more water rights than what I expect you to use. And if you remember, David, we spoke about this a few years ago when we were speaking about water scarcity and efficiency in non revenue water and so forth. So we're seeing the same thing. So the time we're talking about governments making sure you're not having high levels of non revenue water and ensuring you're using the right amount of water you need to use and not losing it. And now we're, if I look at the flip side of it, I'm looking at wastewater.
How are you treating the water and reusing it and how do I incentivize you? But I can also penalize you if you, you're, you're, you're using too much water and not recycling or not reusing or whatever the term will be.
Does that make sense?
[00:34:59] Speaker B: Yeah, that makes a lot of sense. Now let's look at disinfection again.
I want to circle back on this real quick because in the US a lot of water utilities have moved to the UV disinfection as a result of regulation.
Are you seeing similar things in Latin America? On.
[00:35:21] Speaker A: Yeah. So we're seeing two things. Which is, which is interesting and it's good you mentioned that. Thank you.
We're seeing two things in that respect That I can mention that I think might be interesting for our audience.
The first thing we're seeing is that certain processes, production processes, and I'll mention two examples, okay, so we can look at companies, you know, the bottling companies, without mentioning specific names, that have been using, has been using chlorine in their processes. And then they're using carbonated carbon, activated carbon to take out the chlorine.
And these processes have been established many, many years ago and they've been, become standard. So some of these companies are now saying, well, activated carbon is, is, is not that safe. Some particles might go down into the process, into the water. We're actually drinking chloride for sure, is cancer, cancer, you know, promoter.
So that's one thing we're seeing. And we're seeing. It's, it's taking time. It's taking time. They're testing and they're saying, okay, wait, if I can use UV instead of using chlorine, if, if I can take the carbon, the active carbon from my process and do recirculation and have UV granting and, and I take you back, David, to the word which I think is very important. Monitoring that. I monitor actually the micro, the microbiological effect. If I can monitor that, but I can take all those dangerous elements in my production line, I will be safe with the, with technologies like uv. And UV has been shown to be very, very sustainable.
So that requires that me as a balding company, for example, to change my entire process and thought. And this is not only on a, on a national level. Typically those companies, big companies are doing this internationally and we're seeing that. So we've been testing with quite a few companies that have been afraid to change that.
And this is great to see this, by the way.
This is something that I see in Latin America as a leader. So we're seeing Latin America really leading in that respect.
I can't mention the names, unfortunately, but some of the big companies are doing really good headways with taking this forefront and saying, okay, we will change the processes and we're taking the risking changing process. Obviously they're testing and proving this in some of these process changes take a year or two years.
And we are very active in that respect because we really believe in the sustainability of uv.
And that's one thing. The other thing that you're seeing, and this is more kind of the municipal sector, is you see certain countries, not necessarily in Latin America yet. And this is where I think Latin America is lagging behind approving the use of UV instead of chlorine. For example, so we're seeing the Netherlands have taken chloride out is a law and you have to use UV in some other cases.
For example, in Israel UV has been put in the regulation, as I would say a very good alternative. For others.
We're seeing some cases where UV is even being forced as mandatory in the process.
So kind of to sum up a little bit, what we're seeing in the UV world is we're seeing on one hand UV being given as a good alternative.
Some cases chemicals are being completely taken out and it's really interesting to see that happening. So I would say just as a summary, industrial wise, Latin America is doing great work with taking UV technology as a disinfection alternative. Municipal is still lagging a little bit behind.
If you look at the municipal, by the way, just it might be worthwhile to mention you do see UV being used in wastewater discharge or you see open channel solutions like the ones Atlantium has to be used for discharge, but yet not the part of reuse.
So that will happen after. So you disinfect with UV and then you throw into whatever resource, whether it's an aquifer or a river. But we're still not seeing the high disinfection with UV after that process.
But that's happening slowly.
I think we're going to see great headways in the next two years in Latin America specifically. And as I mentioned, we will see it very strongly in Mexico, Chile and Brazil.
And hopefully the other countries are going to be coming true. For example, EPM in Colombia is designing some very big projects now with the UV disinfection in wastewater. And there are other countries that are also a little bit more hesitant.
[00:41:10] Speaker B: Well, Shimon, that sounds like a great wrap up. Thank you so much for coming on. It was great to reconnect. I always enjoy speaking with you and you were absolutely fabulous today, by the way.
For those who want to find out more about you and your work at Atlantium, where can they go to get that information?
[00:41:28] Speaker A: Sure. David, first of all. Likewise. Great talking to you like always.
You guys, anybody can reach us either.
Www.com and me
[email protected] anywhere you can reach us with no problem.
[00:41:51] Speaker B: Awesome. Well, Shimon, thanks again. Really appreciate your time and we'll talk to you again soon. Thanks so much.
[00:41:57] Speaker A: Thank you, David. Have a great weekend.
[00:41:59] Speaker B: You too. Bye.
[00:42:00] Speaker A: Bye.
[00:42:02] Speaker B: I always enjoy catching up with Shimon. He's got great insights into Latin American markets and he's just an absolute pleasure to speak with.
Thanks for coming back on the podcast Shimon and sharing your insights. Really appreciate it.
Well, I'd love to know what you thought about the interview. Please check out the Show Notes page for information and links on this episode. Just Google the Water Values Podcast. Click the first link that comes up. That's our home on the web that Bluefield Research provides us.
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In closing, please remember to keep the core message of the Water Values Podcast in mind as you go about your daily business.
Water is our most valuable resource, so please join me by going out into the world and acting like it.
You've been listening to the Water Values Podcast. Thank you for spending some of your.
[00:44:11] Speaker A: Day with my dad and me.
[00:44:13] Speaker B: Well, thank you for tuning in to the disclaimer. I'm a lawyer licensed in Indiana and Colorado, and nothing in this podcast should be taken as providing legal advice or as establishing an attorney client relationship with you or with anyone else. Additionally, nothing in this podcast should be considered a solicitation for professional employment. I'm just a lawyer that finds water issues interesting and that believes greater public education is needed about water issues. And that includes enhancing my own education about water issues because no one knows everything about water.