Going Global
- From: Vol 12, Issue 9 (September 2011)
- Category: Need to know
- Region: Unspecified
- Country: China, Korea (South) and Spain
- Related Companies: Acciona, Aqualia, Bio-Treat Technology, Degrémont (Suez), GS Engineering & Construction of Korea, Hankore Environment Technology, Hutchison Water, Inima, Odebrecht and Posco
Bio-Treat, the fallen Chinese wastewater wonderstock which reinvented itself as HanKore Environment, is broadening its market focus to include the Middle East, south-east Asia and Africa.
Shares in the Singapore-quoted company are worth less than 4% of their high in 2006, before difficulties with a convertible bond trashed the value of the company’s equity. A refinancing supported by the improbably named Giant Delight has cleared the way for recovery – and global expansion.
State-owned Korea Water Resources Corporation is ramping up its international business development activities ...
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