Citic Envirotech on lookout for promising SMEs
Opportunities abound in its existing China market even as it seeks to venture into new markets.
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WASTEWATER treatment provider Citic Envirotech Ltd (CEL) is on a roll, bolstered by plenty of opportunities in its existing China market even as it ventures abroad.
Mainboard-listed CEL announced in October its first investment in an accelerator programme. Under the programme, it has taken a 20 per cent stake in Century Water Systems & Technologies for S$1.73 million.
Headquartered in Singapore, Century is an advanced water treatment engineering firm that specialises in water purification nanofiltration, pervaporation membranes, and wastewater treatment systems and technologies.
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