Sembcorp pumping 932m yuan into China plant
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SEMBCORP Industries will be investing 932 million yuan (S$190 million) to develop the first - and its most comprehensive - total water management plant to support a coal-to-diesel project in China.
The plant, to be located in Wangqiao Industrial Park in Changzhi City, Shanxi province, will support Shanxi Lu'an Group's coal-to-diesel project under a 15-year service agreement secured by Sembcorp's wholly owned subsidiary, Sembcorp China Holding Co, Sembcorp said in a statement yesterday.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
