SIIC unit to take 51% stake in JV company for Shandong project

Singapore

MAINBOARD-listed SIIC Environment Holdings has established a joint venture company (JVC) for a waste-to-energy project in Shandong, China, the water treatment and environmental protection firm announced on Tuesday.

The JVC - Shen County SIIC Environmental Energy Co - was set up via SIIC Environment's subsidiary, Shanghai Fudan Water Engineering Technology Co, with three other parties, namely World Prosperous Investments, S…