SUEZ NWS is partnering with China’s largest homegrown automobile maker by sales to develop a hazardous waste-to-energy plant with a combined investment of CNY 450m (USD 64.2m).
The joint venture between French firm SUEZ and Hong Kong infrastructure company NWS set up a project company with the Shanghai-based carmaker SAIC Motor, the company said yesterday in a statement.
The project will be used to manage hazardous waste from the automobile maker and other companies inside the Shanghai Chemical Industry Park, one of Asia’s largest industrial zones specialised in the petrochemical and fine chemistry businesses.
The pair will DBFOM the waste-to-energy project, which will provide specialised hazardous waste treatment services for different production sites of SAIC Motor in Shanghai and for an increasing volume of hazardous waste generated by other clients inside the chemical industry park.
Construction will commence in the first quarter of 2021 and be completed by late-2022. With a total capacity of 40,000 tonnes/year, the facility will feature waste treatment technologies in compliance with European greenhouse gas emissions and fine particulates standards.