Paris, July 5, 2012.
Veolia Environmental Services awarded hazardous waste management for Hunan Province (China)
Veolia Environmental Services, in partnership with a Chinese company working in the same sector, has obtained the concession for a hazardous waste treatment center in Changsha, the capital of Hunan province. The 25-year concession, concluded with the Hunan Environmental Protection Bureau, covers the design, construction and operation of facilities with the capacity to treat up to 54,500 metric tons of hazardous waste a year. It includes exclusivity clauses for over 10 cities, which between them account for around 85% of the province's GDP.
Veolia Environmental Services will take a controlling interest in the joint venture, for which cumulative revenue over the contract period is estimated at more than 320 million euros.
The Changsha treatment center will use a variety of techniques, including energy recovery from waste, physical-chemical treatment, solidification and landfilling.
Veolia Environmental Services will introduce some innovative solutions to reduce energy consumption and greenhouse gas emissions. Innovation in energy recovery will involve reducing the use of fossil fuels and reusing the steam produced by the waste incineration process. Veolia Environmental Services has also developed low-energy treatment processes that produce very few CO2 emissions. During physical-chemical treatment, for example, the hazardous waste will be treated by high-environmental-performance "cold" processes.
As the environmental impact study for the project has already been approved by the People's Republic of China and its Ministry for Environmental Protection, works are due to start up before the end of 2012 and the plant will come into operation in 2014.
This latest award strengthens Veolia Environmental Services' position as leader in the market for hazardous waste management in China, with eight facilities in operation or in the planning stage for industrial clients in six major provinces: Guangdong, Zhejiang, Jiangsu, Hebei, Hunan and Tianjin.
"The Hunan project is a first for Veolia Environmental Services in this central region of China, which is in full expansion. With this new plant, Veolia Environmental Services will provide a broad range of waste management and recycling services, as well as solutions and services to a growing number of industries in Hunan province, which include some major Chinese and foreign mechanical construction companies."