Everbright International secures Anhui Dingyuan hazardous waste treatment BOO project

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Everbright International secures Anhui Dingyuan hazardous waste treatment BOO project

China Everbright International Limited has recently secured both the Jiangsu Xinyi Animal Carcass Harmless Treatment Project and the Anhui Dingyuan Salt-based Chemical Industrial Park Hazardous Waste Integrated Treatment BOO Project.

The Xinyi Project is the Group's first project to harmlessly treat dead and diseased animals, commanding a total investment of approximately RMB17.78 million (US2.5 million) and designed to treat around 3,000 tonnes of dead and diseased animals every year. Everbright International will be responsible for the investment, construction and operation of the project, as well as developing a storage, collection and transportation system.

The project will provide services for the harmless treatment of dead and diseased animals within and nearby the city of Xinyi. Waste water, sewage and odor produced from the project will be handled centrally by the Group's existing hazardous solid waste treatment project in the city. 

In addition, Everbright International recently signed an investment agreement with the government of Dingyuan, Anhui Province, to invest and construct the Dingyuan Hazardous Waste Treatment Project. The project is designed to have an annual hazardous waste treatment processing capacity of 50,000 tonnes.

The project will be invested and built in two phases on a BOO (Build-Operate-Own) basis for an operating period of 30 years. Phase one of the project is designed to have an annual hazardous waste treatment incineration capacity of 30,000 tonnes and will command approximately RMB354.5 million (US$51 million) worth of investment.

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