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The global bottled water market grew by 7% in 2006 to reach a value of $60,938.1 million.
In 2011, the market is forecast to have a value of $86,421.2 million, an increase of 41.8% since 2006.
The market grew by 8.1% in 2006 to reach a volume of 115,393.5 million liters.
In 2011, the market is forecast to have a volume of 174,286.6 million liters, an increase of 51% since 2006.
Tuesday, 18 September 2001
The biggest water company in the US, American Water Works, took President George Bush's exhortation to get back to business to heart yesterday, announcing that it had agreed to be swallowed up by the giant German utility RWE in a deal worth $7.6bn (£5.2bn).
The global market leader of the companies comprising the new water giants is the French firm Suez Lyonnaise (its water subsidiary is now called ONDEO), whose history actually dates back to the investor group that built the Suez canal. Suez is followed by the French company Vivendi Environment, an off-spring of Vivendi-Universal, the world’s second largest media and entertainment conglomerate (since acquired by Veolia Environmental). Third is Germany’s RWE. Since aquiring Britain’s Thames Water and the USA’s American Water Works, RWE operates water-facilities in at least 44 countries of the world.
No matter whose version of events you believe, hundreds of thousands of Bolivians filled the streets. Their protests turned into riots. One young man was killed by sniper fire.
The government suddenly announced on the eighth day of bloody conflict that the company had fled the country. The company claims the government broke the contract. Cochabambinos took it as a huge victory.
The World Bank implicitly violated Cochabambinos’ right to affordable water by coercing Bolivia into water privatization to begin with (though the Bank argues that it opposed the ultimate deal because it included a dam project that the Bank did not favor).
In 1997 Bank officials told the Bolivian President that privatizing Cochabamba’s water was a condition of the country receiving $600 million in international debt relief.
Peter Spillett, a senior executive with Thames Water, calls water the petroleum of the 21st century.
"There's huge growth potential," he says. "There will be world wars fought over water in the future. It's a limited, precious resource, so the growth market is always going to be there."
Originally posted by slimpickens93
reply to post by zazzafrazz
It water becomes an economic commodity, then every time it rains will be like winning the lottery! We'll all be rich!
Better start saving your soda bottles now!
What are we up for in the future?
*Privatisation of water.
*Companies with technologies to capture, divert, process or manufacture water will spring up and make a killing.
*Providing financial credit for agricultural and personal consumption from financial institutions creating a new commodity and debt system.