1310 articles in Asia

Reuse and overseas M&A to drive Kurita’s $2.7bn goal Vol 18, Issue 5 (May 2017)

The Japanese chemicals giant is preparing a new management plan to grow its revenue to $2.7 billion per year. Buying chemicals sales networks in the US is a priority, but with its profit margin under strain, Kurita also has industrial reuse BOOs firmly in its sights.

Safbon to buy Doosan Hydro Vol 18, Issue 5 (May 2017)

Safbon’s fourth cross-border buy in two years will function as a bridge to the US, and bring a crucial bank of engineers.

Sumitomo taps partners to add value in Brazil Vol 18, Issue 5 (May 2017)

Japanese trading house Sumitomo Corporation has spent $250 million to take a minority stake in a private equity-led water concessionaire in Brazil. How will it add value?

Asian Development Bank signs off on $250 million loan for CITIC’s water subsidiary Vol 18, Issue 5 (May 2017)

The growing trend in China for ever larger PPP contracts covering multiple environmental services is attracting the largest state-owned names into water. With its latest loan to CITIC, the ADB is recognising that these integrated solutions providers are the future.

Multilaterals provide assistance at the birth of the Indonesian Development Bank Vol 18, Issue 5 (May 2017)

Indonesian PPP financier SMI is absorbing hundreds of millions of dollars from international financing institutions and commercial lenders as it transitions into a national development bank. As facilitator, lender and advisor, its competencies are in high demand.

AIIB joins hunt for bankable water projects Vol 18, Issue 5 (May 2017)

The water sector and private sector participation are two key priorities for the fledgling AIIB. A policy of trying to limit its investment in China – the main market for bankable water BOTs – means that its private sector arm may struggle to match its sovereign lending.

Bright lights after a good fight Vol 18, Issue 5 (May 2017)

What is it like to be a winner in the Chinese water market? GWI’s Willy Yeo looks at the bright side of the coin this month.

Chinese state-owned groups lead Trility buyout contest Vol 18, Issue 4 (April 2017)

Three Chinese state-owned enterprises have joined a clutch of Australian private equity firms in the race to buy water treatment plant operator Trility. The need to secure approval from BOT clients – and rising protectionism in politics – could make for a long negotiation.

CGGC inaugurates global water portfolio with Brazilian concession buy Vol 18, Issue 4 (April 2017)

CGGC is looking for more brownfield and greenfield concession opportunities as it seeks to leverage its experience and financial strength to transform itself from an EPC giant into an international project developer.

Aqualyng weighs up options as Earth Water merger falls through Vol 18, Issue 4 (April 2017)

The merger between Indian EPC contractor Earth Water Group and Norway’s Aqualyng looks to be off the cards. With an eye to an initial public offering in 2018 or 2019, Aqualyng is understood to be carrying out due diligence on an alternative merger option.