SIIC eyes waste-to-energy business in Shanghai

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MAINBOARD-LISTED SIIC Environment Holdings on Monday said it has formed a joint venture (JV) company with Baowu Environment with 1.1 billion yuan (S$198.9 million) in registered capital. Read more at The Business Times.

MAINBOARD-LISTED SIIC Environment Holdings on Monday said it has formed a joint venture company with Baowu Environment with 1.1 billion yuan in registered capital.

The JV, which was incorporated in China on Sept 27, is called Shanghai SIIC Baojin’gang Environmental Resources Technology Co Ltd. Its business activities will involve power generation, waste management and the processing and sale of slag products.

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