Corporate digest
SIIC Environment Holdings
MAINBOARD-listed firm SIIC Environment Holdings on Monday said it has formed a joint venture (JV) company with Baowu Environment with 1.1 billion yuan (S$198.9 million) in registered capital, in a bid to expand its waste-to-energy (WTE) business and explore potential WTE opportunities in Shanghai.
Baowu Environment is an environmental pollution treatment company and a member of the China Baowu Steel Group Corporation.