Suez Wins Contract to Recover Hazardous Waste in China, Creates JV

Date : 02/26/2020 @ 8:02AM
Source : Dow Jones News
Stock : Suez (SEV)
Quote : 8.94  -0.336 (-3.62%) @ 10:02AM

Suez Wins Contract to Recover Hazardous Waste in China, Creates JV

Suez (EU:SEV)
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   By Kim Richters 
 

Suez SA said Wednesday that it has received a contract for hazardous waste recovery from the automotive sector in the Shanghai Chemical Industry Park in China.

The French water-and-waste management company said its subsidiary Suez NWS had created a joint venture for the project, together with the park and Chinese car maker SAIC Motor Corp. Ltd.

The contract is expected to have an overall turnover of around 528 million euros ($573.4 million) over 30 years, Suez said.

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

February 26, 2020 02:47 ET (07:47 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.


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