PARIS --
Suez Environnement, Europe’s second-biggest water company, and
Chinese partners agreed to build an incinerator near Shanghai to treat
hazardous and medical waste that will generate steam and supply energy.
Suez’s Sita Waste Services unit created a venture with Shanghai
Chemical Industry Park and Nantong Economic Technology and Development
Area Co. for the waste-to-energy recovery project on the Yangtze River
delta that will generate about 575 million euros ($794 million) in sales
over 30 years.
Sita will hold a 60 percent stake in the Nantong
venture, the French utility that supplies drinking water to 97 million
people, wastewater-treatment services for 66 million and collects the
waste produced by 50 million worldwide, said today in a statement.
China has come under pressure from residents and
environmentalists over pollution problems linked to industrial projects.
Almost two years ago, authorities in Nantong scrapped plans for a
pipeline to discharge waste from a paper mill into the sea after a
protest by residents in Qidong, a nearby coastal city, turned violent.
The plant will have the capacity to treat 30,000 tons a
year of locally-generated hazardous waste and 3,300 tons a year of
medical waste, according to the statement. Energy from the waste will be
captured and used to produce steam for other installations in the
industrial park.
Suez and competitor Veolia Environnement SA have seen
waste-treatment volumes decline as economic weakness hurts European
factory output. Both companies have plans to expand in faster-growing
economies such as China and provide more services for manufacturing
facilities.
Copyright 2014 Bloomberg
http://www.renewableenergyworld.com/rea/news/article/2014/03/suez-environnement-to-build-waste-to-energy-plant-in-china
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