Veolia Environnement Aktie
WKN: 501451 / ISIN: FR0000124141
11.06.2015 12:41:00
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Veolia to Treat Wastewater for LiuGuo Chemical, a Leading Fertilizer Producer in China
Regulatory News:
The Chinese company LiuGuo Chemical has selected Veolia (Paris:VIE), through its subsidiary Veolia China, to upgrade its industrial effluent treatment facilities in Anhui Province, under a €60 million contract. It comes in the wake of a previous €30-million, 20-year contract signed in 2012 for the operation of a wastewater treatment facility. Veolia has as a result further strengthened its position as a privileged partner of Chinese industrial companies for difficult-to-treat materials, especially in the area of wastewater.
Under this new 20-year contract, Veolia will build a biological treatment plant-capacity installed 200m3 an hour- to remove ammonia from wastewater. China is the world’s largest consumer of this chemical compound, which is used in the production of nitrogenous fertilizers that are crucial to agricultural activities. The solution implemented by Veolia will meet LiuGuo Chemical’s new requirements in light of the company’s growth, which is generating increased ammonia in its effluent. Some 50 Veolia employees will be permanently onsite at LiuGuo Chemical’s plant in Anhui Province in order to support the company’s activities.
"This new contract is indicative of Veolia’s expertise in the treatment of industrial wastewater and confirms the fact that our know-how, solutions and more broadly the range of services we provide are an ideal match for the Chinese market’s needs” explains Guillaume Dourdin, Senior Vice-President of Veolia China, in charge of Industrial Water Activities.
Based in Tongling, on the banks of the Yangtze River, a strategic location for its water requirements, LiuGuo Chemical is listed on the Shanghai Stock Exchange. Its parent company, Tonghua Group, is a chemical industry leader in China.
.....
Veolia group
is the global leader in optimized resource
management. With over 179,000 employees* worldwide, the Group designs
and provides water, waste and energy management solutions that
contribute to the sustainable development of communities and industries.
Through its three complementary business activities, Veolia helps to
develop access to resources, preserve available resources, and to
replenish them.
In 2014, the Veolia group supplied 96 million
people with drinking water and 60 million people with wastewater
service, produced 52 million megawatt hours of energy and converted 31
million metric tons of waste into new materials and energy. Veolia
Environnement (listed on Paris Euronext: VIE) recorded
consolidated revenue of €24.4 billion* in 2014. www.veolia.com
(*)
2014 pro-forma figures, including Dalkia International (100%) and
excluding Dalkia France.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150611005499/en/

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