Sembcorp JV to build Hebei water treatment plant
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
SEMBCORP Industries and a mainland Chinese partner will invest 108.3 million yuan (S$22.6 million) to develop an industrial wastewater treatment plant in Hebei, China.
The mainboard-listed company - through its unit Sembcorp (China) Holding Co - has entered into an 80-20 joint venture with Tangshan Caofeidian Yongtai Industry Co to develop the plant in Caofeidian Chemical industrial Park located along the coast of Hebei province.
Sembcorp's equity investment of about 35 million yuan will be funded through internal sources.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
