CITIC Envirotech

Citic Envirotech Ltd secured two build-own-transfer water projects in Xichang City, Sichuan Province, with a total investment value of RMB1.685 billion, including a water supply development project and a wastewater treatment plant.

Citic Envirotech Ltd secured two EPC projects in China: a RMB 350 million contract for the Andongyuan Integrated Wastewater Treatment Plant in Jinjiang City, and a RMB 140 million contract for the expansion of the Nancun Water Purification Plant in Panyu District.

CITIC Envirotech announced it will acquire a 20% stake in an advanced water treatment engineering firm. The announcement was made on October 17, 2018, but the target company and financial terms were not disclosed in the provided text.

Memstar Pte Ltd, part of CITIC Envirotech Ltd, opened a membrane manufacturing facility in Conroe, Texas, its first production plant outside Asia.

Memstar Pte Ltd, a wholly owned subsidiary of Citic Envirotech Ltd, has opened a US$15 million, 40,500 sq ft membrane manufacturing facility in Conroe, Texas, USA.

CITIC Envirotech secured a RMB 134 million PPP project in Maoming, Guangdong, to design, build and operate a 45,000 m3/day municipal wastewater treatment plant using MBR technology. Construction starts immediately and is scheduled for completion in one year.

CITIC Envirotech acquired an additional 15% stake in its subsidiary United Envirotech Water (Changyi) for CNY 32.5 million, gaining full ownership of the company that operates five industrial wastewater treatment plants in Changyi City.

CITIC Envirotech secured a RMB 302 million (SGD 62 million) EPC project to upgrade a wastewater treatment plant in Fujian, China.

CITIC Envirotech Ltd is acquiring a 60% stake in CITIC Environment (Qingyuan) Technology Development Co Ltd for 378 million yuan. CITIC Qingyuan provides water, steam, electricity, and wastewater treatment services to a textile industrial park in Qingyuan, Guangdong.

Citic Envirotech Ltd has been awarded a RMB54 million phase 2 wastewater treatment expansion project with a design capacity of 25,000 m³/day in Mengzhou City, Henan Province, China.

CITIC Envirotech won a PPP project in Xinji City, Hebei Province, involving a 204 million yuan investment in a wastewater treatment plant with a capacity of 100,000 cubic metres per day. The project has a 30-year concession. Construction starts July 2017 and is scheduled for completion by March 2018.