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Hangzhou Iron and Steel Co., Ltd announced plans to acquire stakes in Zhejiang Metallurgical Materials Co., Ltd, Zhejiang Iron and Steel International Trade Co., Ltd, Dongling Commerce and Trade, and assets from Zhejiang Fuchun Co., Ltd, totaling RMB 3.1 billion. The transactions will be funded through share issuance and cash.
Viroment signed an agreement with Hangzhou Iron and Steel worth $800 million to address textile and sewage sludge for over 800 plants.