Xylem wins contract for major wastewater treatment plant in Brazil


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Xylem (NYSE: XYL), a leading global water technology company focused onaddressing the world's most challenging water issues, has been awarded acontract to supply treatment technology and systems for a new wastewatertreatment plant in Brazil that will serve 60,000 people. Construction iscurrently underway with Xylem providing its Sanitaire® brand ICEAS(intermittent cycle extended aeration system) biological technology to treatwastewater in the city of Campo Grande in the Mato Grosso state of Brazil.The contract for the Imbirussu wastewater treatment plant was awarded by AguasGuariroba, part of the EQUIPAV Group, which operates public water treatmentfacilities in the Mato Grosso region of Brazil. Aguas Guariroba has investedmore than US$7million in the wastewater treatment plant, which will initiallyimprove wastewater effluent quality in 33 districts of Campo Grande.“Xylem's Sanitaire ICEAS solution is proving very popular in this region dueto its energy efficiency and compact footprint. As urban populations expandacross Latin America, wastewater treatment is becoming an increasinglyimportant issue for public health and safety. Xylem is helping to addressthese and other water issues, providing technical expertise along withmarket-leading solutions,” said Richard Dixon, managing director, Xylem LatinAmerica. “We are pleased to partner with Aguas Guariroba on this project todeliver safe treated wastewater for the city of Campo Grande.”

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsContracts