The end of the road for Suez in Lianjiang
- From: Vol 10, Issue 10 (October 2009)
- Category: General
- Region: Asia
- Country:
- Related Companies: Lianjiang Water Company and Suez Environment
The Lianjiang government has bought the 100,000m3/d Tangshan drinking water plant back from Suez Environnement for RMB45 million ($6.6 million) – just over half what the company had hoped to get for it.
The move marks the end of ten years of negotiations during which the plant lay idle, after the extra demand it had been built to meet never materialised.
On the plant’s completion in 1999, Lianjiang Water Company was obligated to buy minimum volumes ranging from 60,000m3/d to 80,000m3/d in the first four years of operation ...
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