new
or
You are here : Stone Home > Info Center > Financial News > Shanghai has U.S. investor for waste management

Shanghai has U.S. investor for waste management

Updated:2010-03-25 10:01:18

United States-based Waste Management Inc. and Shanghai Chengtou launched a solid waste treatment joint venture Shanghai Environment Group Tuesday, also the largest joint venture in solid waste treatment business in China.

Company statement said that Shanghai Chengtou subsidiary Shanghai Chengtou Holding and Waste Management subsidiary Wheelabrator Technologies will work together "to build and manage waste to energy facilities in China" through this joint venture.

Shanghai Chengtou Holding retains the majority 60-percent stake after selling 40 percent of its equity in Shanghai Environment Group to the U.S. firm.

The deal is expected to help technical upgrading of China's solid waste treatment capacity.

Founded in June 2004, Shanghai Environment Group claims 70 percent of the domestic garbage treatment market in urban Shanghai.

 

 

Source:http://news.xinhuanet.com

Premium Related Products
SLAB RACK SRK10R
Price:Negotiation
VietnamVietnam
SLAB RACK SRK10R
SLAB RACK SRK10R
Price:Negotiation
Origin:Vietnam
Categories:
AUSAVINA CO.
VietnamVietnam
ONE STOP SINGLE SIDED A-FRAME
ONE STOP SINGLE SIDED A-FRAME
Price:Negotiation
Origin:Vietnam
Categories:
AUSAVINA CO.
VietnamVietnam
ONE STOP HIGH A-FRAME
ONE STOP HIGH A-FRAME
Price:Negotiation
Origin:Vietnam
Categories:
AUSAVINA CO.
VietnamVietnam
Browse by: Stone Manufacturers | All Products | For Buyers | For Sellers | Suppliers | Stonebtb.com International | Stonebtb.com China | Site Map
About Us | Stonebtb Service | Contact Us | Our Partners | Video | Exchange Link | Terms of Use
Copyright 2007-2018 Stonebtb.com All rights seserced