The second phase of a plant in Fujin in Heilongjiang, was given retrospective approval to operate at a tariff of 2.45 yuan a tonne. Its designed capacity is 35,000 tonnes a day.
Meanwhile, indirect subsidiary Longjiang Environmental Protection Group Co - in which SIIC Environment Holdings has a roughly 58 per cent stake - has established a new unit to specialise in operation-and-management water projects.The incorporation was funded by internal resources and is not expected to have any material impact on net tangible assets and earnings per share for the year to Dec 31, the board said.
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