Veolia, a global leader in environmental services, has announced strong momentum in its water technology activities in the microelectronics market, with €343m ($398m) in bookings since the beginning of the year. The performance underscores Veolia’s strong position in one of the world’s fastest-growing and most demanding industries, where water security is becoming increasingly critical to scale, resilience and speed.

Among its key wins, Veolia has secured two major contracts with a leading semiconductor manufacturer, worth a combined €243m ($282m). The first will produce ultrapure water for a new fabrication facility in Singapore, while the second will provide advanced wastewater reclamation and zero liquid discharge treatment at a manufacturing campus in the US.

The contracts demonstrate Veolia’s ability to cover the full water cycle for microelectronics customers, from critical ultrapure water production to advanced wastewater treatment and reuse. They also highlight the role of water technologies as a key growth driver under Veolia’s GreenUp strategic plan, with microelectronics identified as a priority market.

By combining proprietary technologies with global expertise, Veolia helps semiconductor manufacturers maintain production continuity, improve resource efficiency and meet increasingly stringent environmental requirements. As semiconductor manufacturing continues to diversify and reshore globally, Veolia’s comprehensive capabilities position it as a partner for building resilient and sustainable industrial infrastructure.

Anne Le Guennec, chief executive officer of Veolia’s water technology activities, said: “The microelectronics industry is at the heart of global technological progress, and water is essential to its future. These contracts demonstrate our clients’ confidence in our ability to deliver comprehensive, innovative solutions that enable them to scale responsibly. This is exactly what GreenUp is about, positioning water technologies as a driver of operational performance and profitable, sustainable growth.”

Veolia’s ambition in clean tech for data centres and chip production

The microelectronics industry faces unprecedented challenges in water and resource management. Semiconductor fabrication and advanced data centres consume vast quantities of ultrapure water while generating complex wastewater streams. As chip manufacturing becomes increasingly critical to global technological progress and geopolitical resilience, and demand for data centre capacity is expected to nearly triple by 2030, water security is becoming essential to industrial competitiveness.

Veolia is strategically positioned to capture this growth opportunity, with an ambitious target of €1bn ($1.16bn) in annual revenue from data centres and microelectronics by 2030. The company’s comprehensive capabilities span ultrapure water production, wastewater treatment, water reclamation, local energy and hazardous waste management, positioning it as a partner for semiconductor manufacturers seeking to scale responsibly.