ASIA WATER NEWS IN BRIEF
- From: Vol 11, Issue 10 (October 2010)
- Category: Brief
- Region: Asia
- Country: China, Philippines and Singapore
- Related Companies: Aqua-Tech Engineering & Supplies Pte Ltd (AT), Asian Development Bank , Bio-Treat Technology, Hitachi Zosen, LG Electronics, Sound Global and Tri-Tech Holding
* Shares in Nasdaq-listed Chinese water systems integrator Tri-Tech Holding received a boost in early October after the company announced that it had won an EPC contract for a 96,000m3/d drinking water plant in Inner Mongolia.
Tri-Tech’s share of the project, which is scheduled to be completed by late 2011, amounts to $32 million – twice the company’s total annual revenues in the year to 31 December 2009.
* LG Electronics has set itself the ambitious goal of generating $7 billion in revenue from the water treatment business over the next decade, simultaneously becoming a top-ten ...
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