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Sembcorp JV to build Hebei water treatment plant

Published Thu, Dec 19, 2013 · 10:00 PM
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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.

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