37 articles in Korea (South)
A K-water insider has won the post of CEO of the public corporation, despite a challenge from a well-connected politician. But while a new tariff increase will boost corporate independence, the government’s influence is still pervasive at home and abroad.
Taiwanese water project developers Hsin Dar and CTCI have reached financial close on their Fengshan project, the first privately financed municipal wastewater reuse facility in Taiwan.
Korea’s strongest operating company in the municipal and industrial wastewater segment is being sold to its private equity investor after missing key IPO deadlines.
- Shares in Hong Kong-listed project developer Sound Global plunged 62% in one day on 25 January to close at HKD2.65 ($0.34), despite the owner Wen Yibo buying up shares on the open market.
- China’s Safbon appears to have dropped plans to buy Purac of Sweden. Instead, it has agreed to acquire 100% of Austrian equipment supplier KWI Corporate Verwaltungs GmbH for €39 million...
- Japan’s JFE Engineering is planning for its overseas water business to be contributing 30% of global water revenues by March 2018...
- Korean state-owned water supplier K-water is moving its international expansion plans up a level after failing to make an impact on the water project market outside Korea...
- The United Nations’ Green Climate Fund (GCF) has approved its first eight projects to co-finance, contributing $168 million of its $10 billion pool of pledged start-up capital...
Heiongjiang Interchina and Poten Environment have aunched a JV with Aquaporin to manufacture the Danish company’s proprietary biomimetic membranes in China.
Korean EPC giant GS E&C has turned its back on Spanish water company Inima just two years after it bought a controlling stake, as it seeks to raise liquidity to balance massive losses.
Before its takeover in April, NanoH2O was a start-up fighting for fourth position in a three-horse race. LG Chem has plans to change that with the kind of determination that only a Korean company can bring to bear.
David Lloyd Owen presents his fifteenth annual review of PSP in the international water arena. With a seventh of the world’s population now served by the private sector, what’s next in the market for outsourced services?