China Water and Drinks, Inc., a major Chinese bottler and beverage
distributor has signed a distribution agreement with Icelandic
Water Holdings ehf, producers of the award-winning CarbonNeutral(R)
natural spring water Icelandic Glacial. China Water and Drinks is a
wholly owned subsidiary of US-based Heckmann Corporation Inc. (NYSE:
HEK).
With the newly signed agreement, China Water and Drinks will bottle and
distribute Icelandic Glacial bottled water, enabling Icelandic Water to
begin its roll-out across China, a country with a high demand for clean,
reliable drinking water. Icelandic Glacial is renowned for its
award-winning bottle design, exceptional purity and green credentials.
Already popular across North America and Europe, Icelandic Glacial now
plans to increase its international footprint in China.
The first shipment of Icelandic Glacial is set to land in Shanghai in
mid-August, just in time for Expo 2010's Icelandic National Day in
September when Icelandic Glacial spokes model and Former Miss World,
Unnur Birna will be on hand to help celebrate.
John Cheng, Chief Executive Officer of China Water and Drinks,
commented, "We are proud to provide our bottling and distribution
services to Icelandic Water in China and to bring their well-branded
products to consumers across our country. Demand for natural and pure
drinking water throughout China offers a vast marketplace as Icelandic
Glacial broadens their footprint domestically."
"Our strategic vision has always been to share Icelandic Glacial's
natural spring water from Iceland with thirsty consumers around the
world, and we've already successfully done that in North America and
Europe," remarked Jon Olafsson, Chairman and Co-founder, Icelandic
Glacial. "This agreement unlocks further global potential by allowing us
to introduce our exceptionally pure and sustainable water to China's
growing marketplace."
Icelandic Glacial uses 100% natural green energy in the form of
geothermal and hydroelectric power to fuel production. Icelandic
Glacial's label and plastic bottle are 100% recyclable. Earlier this
year, the company's water source was declared certifiably sustainable by
Zenith International, Europe's leading food and beverage consultancy.
For more information about Icelandic Glacial, visit www.icelandicglacial.com.
About China Water and Drinks
China Water & Drinks, Inc. was acquired by Heckmann Corporation (NYSE:
HEK) in October 2008 and now operates eight bottled water facilities in
the People's Republic of China with Coca Cola as its largest customer.
China Water and Drinks offers bottled water manufacturing and
distribution, branding, OEM/private label and marketing services for
half liter and carboy size bottles. It markets its own branded bottled
water products under its own brands Absolutely Pure and Grand Canyon
along with flavored water products under its own brand name Howmaxx.
Additionally, the company provides marketing and distribution services
for brands imported into China.
Heckmann Corporation was created to buy and build companies in the water
sector. On January 30, 2010, the Company completed its 50-mile water
disposal pipeline in the Haynesville Shale which can treat and dispose
up to 100,000 barrels of water per day. The completion of the pipeline
makes the Company one of the largest handlers of produced water in North
America. On February 9, 2010, the Company announced its joint venture
with Energy Transfer to provide turnkey transportation and treatment
solutions for complicated water flows in the Marcellus and Haynesville
oil and natural gas fields.
The Company also makes strategic minority interest investments, such as
its recent investment in Underground Solutions, Inc. (OTC: UGSI), an
exclusive supplier of Fusible PVC(TM) pipe products, and China Bottles,
Inc., a bottle equipment manufacturing company in China.
Interested stockholders and investors can access additional information
about Heckmann on the Company's web site at www.heckmanncorp.com,
and in documents filed with the U.S. Securities and Exchange Commission,
on the SEC's web site at www.sec.gov.
About Icelandic Glacial Natural Spring Water
As the world's first CarbonNeutral(R) certified bottled spring water for
both product and operations, Icelandic Glacial delivers a water of
exceptional purity to consumers with a "net zero" carbon footprint.
Located in Olfus, Iceland, Icelandic Glacial is an environmental pioneer
in the industry. The company uses 100% natural green energy in the form
of geothermal and hydroelectric power to fuel production. The source of
Icelandic Glacial is the legendary Olfus Spring, a naturally replenished
catchment zone formed during a massive volcanic eruption more than 4,500
years ago, and which has been deemed certifiably sustainable by Zenith
International, Europe's leading food and drinks consultancy.
Icelandic Glacial was named "Best Water of 2007" by industry experts
BevNET, and also received accolades for the "Best Sustainability
Initiative" at the 2007 BottledWaterWorld awards.
Icelandic Glacial is distributed in the United States by Anheuser-Busch,
which took a 20 percent ownership stake in the company in July 2007.
For more information on Icelandic Glacial, go to www.icelandicglacial.com.
SOURCE: Heckmann Corporation
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For Heckmann Corporation:
Media:
Melody Serafino, 646-833-0206
mserafino@groupsjr.com
or
Investors:
The Piacente Group, Inc.
Kristen McNally, +1 212-481-2050
heckmann@tpg-ir.com
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