PARIS, October 11 /PRNewswire-FirstCall/ -- Shanghai Chemical Industrial
Park (SCIP), the operator and developer of the main chemical and industrial
platform of Shanghai, has entrusted SUEZ Environment with treating the
industrial solid, liquid and gas waste of the site. The result of a
joint-venture between the two historical partners of SUEZ in China, New World
(water) and Swire (waste services), the agreement relates to the construction
and operation of an incineration plant with an annual processing capacity of
60,000 tons.
    As owners of the incinerator, the shareholders in the joint venture have
entrusted the operational management of the project to Swire Sita Waste
Services, the Group's affiliate in China dedicated to waste services. With an
initial term of 30 years, the business plan forecasts an estimated total
sales turnover of 600 million Euros, with a high potential for extension to
support growth of the site and developments in regulations.
    Designed to process the waste output by the chemical industries present
on the platform, the incinerator will also be open to process waste from
firms outside the site. The construction of two ovens will take two years,
the incinerator will start operation in 2006. It includes an
environmentally-compliant smoke treatment process comparable with European
standards, and energy recovery as steam.
    The presence of the Group on the SCIP site dates back to 2001, when a
50-year contract to treat the industrial effluents of the site was awarded to
Sino-French Water Development (SFWD), the Group's affiliate in China
dedicated to water. Since that date, the contract has been extended to
managing the industrial water cycle, and the developer of the site is now
calling on the expertise of SUEZ Environment in treating hazardous industrial
waste. The technical complementarity of its business lines thus enables SUEZ
Environment to reinforce its presence in China, in particular on the
industrial market.
    This success follows on from the water concession awarded to the company
in September 2004 for the Tanggu district in the municipality of Tianjin, one
of the largest harbor areas in the world with one of the highest GDP growth
rates in the country. The contract concerns the supply of water services to
an estimated population of nearly one million inhabitants, and should
generate a forecast total sales turnover of more than one billion Euros.
    SUEZ ENVIRONMENT, a division of SUEZ, provides equipment and services
that protect the environment and deliver the essentials of life. Its
activities include drinking water production and distribution, wastewater
collection and treatment, and waste treatment and recovery. Through its three
international brands, Ondeo (water distribution), Degremont (water treatment
plants) and SITA (solid waste management), SUEZ ENVIRONMENT employs over
82,900 people worldwide and in 2003, generated a turnover of 12.3 billion
Euros.

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