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| Wednesday, 25 February 2015, 22:40 HKT/SGT | |
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HONG KONG, Feb 25, 2015 - (ACN Newswire) - Sound Global Ltd. ("Sound Global" or the "Company") shows robust business performance with new projects recently announced, namely Wuyi Er Wu BOT project and Feitian mine EPC project. Total investment of the BOT project is approximately RMB80.00 million, while the EPC contract amount is approximately RMB23.19 million. The EPC project announcement just reflects the Company's commitment to improve transparency by announcing EPC projects awarded through public tender.
Feitian mine EPC project
Feitian mine EPC project includes Feitian Mine Phase I & II domestic water purification station, underground water treatment station and domestic sewage treatment station construction EPC turnkey project (the "Feitian Mine Project").
The Feitian Mine Project is located at Bijie City, Guizhou Province. The construction is an EPC turnkey project covering the entire process from design, procurement, construction, trial operation to service (including completion inspection and acceptance). The construction is divided into three parts, namely domestic sewage treatment station, domestic water purification station and underground water treatment station. The quality of water discharge from the domestic sewage treatment station is designed to Class I standard as set out in the Integrated Wastewater Discharge Standard (GB8978-1996). The quality of water discharge from the domestic water purification station is designed to the prevailing national standards as set out in the Standards for Drinking Water Quality (GB20426-2006). The quality of water discharge from the underground water treatment station is designed to the standard as set out in Emission Standard for Pollutants from Coal Industry (GB20426-2006). The total contract value is approximately RMB23.19 million.
Wuyi Er Wu BOT project
Sound Global has won the bid of Wuyi County NO.2 sewage treatment plant BOT project at Jinhua City, Zhejiang Province, the People's Republic of China ("Wuyi Er Wu Project"). Total investment is approximately RMB80.00 million with a concession term of 25 years.
Wuyi Er Wu Project which is invested, constructed, operated and transferred by Sound Global, with a planned capacity of 30,000 tonnes/day and a short-term designed capacity of 15,000 tonnes/day. The quality of water discharged is designed to Class IA standard as set out in the national standard for the Discharge Standards on Pollutants from Urban Sewage Treatment Plants (GB18918-2002). The completion and operation of the project will represent an important demonstrative leading function for the overall environmental governance in Zhejiang Province as well as the surrounding provinces and regions of Lake Tai.
Notes:
Engineering, Procurement and Construction ("EPC")
Build, Operate and Transfer Projects ("BOT")
About Sound Global Ltd.
Sound Global is the leading one-stop integrated water and wastewater treatment solutions providers in the PRC. The Company offers services covering the full value chain of the water and wastewater treatment industry - from the design and construction of water and wastewater treatment facilities, to the operation and maintenance of water and wastewater treatment facilities and the manufacture of water and wastewater treatment equipment. With advantages in technology, capital, management and whole industry chain, Sound Global has earned a high reputation within the water industry for its excellence since its founding. The Company has very extensive business networks covering all major provinces in PRC. On top of coverage in domestic market, sound global has also penetrated into overseas market in 2009 and continued expanding its business presence internationally. Sound Global is the first Chinese water enterprise that successfully won the bid for the overseas water project.
The Company places significant emphasis on its in-house design capability and the innovative adaptation and application of technologies to offer customized, cost-effective and practical solutions for the diverse challenges presented by the treatment of municipal and industrial water and wastewater. With strong R&D and technical capacity, Sound Global could provide wastewater treatment solution for all major industries, particularly coking, metallurgy and petrochemical industries who demand highly sophisticated wastewater treatment technologies.
In 2011, Sound Global expanded into the markets of environmental management in China's suburban-rural areas. Sound Global researched and developed a new program -- the "Sound Global SMART(1) Solution for wastewater treatment in Small Townships". This program was implemented in 18 bundled wastewater treatment projects in Changsha County of Hunan Province. This integrated wastewater treatment programs, developed by Sound Global, established successful models for wastewater treatment in suburban-rural areas of China.
(1)SMART: Small & Skillful, Multiple & Modular, Active & Automatic, Rapid and Technologic
Topic: Press release summary
Sectors: Daily Finance, Daily News
https://www.acnnewswire.com
From the Asia Corporate News Network
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