29 Dec 2016
Everbright International's Project Construction Progressing in Good Order
29 December 2016, Hong Kong - China Everbright International Limited ("Everbright International" or the "Group") (HKSE: 00257) is pleased to announce that the Group has seen 11 environmental protection projects complete construction with some of the projects having already commenced operations.
11 Environmental Protection Projects Completed Construction by Year End
In the environmental energy segment, Shandong Tengzhou Waste-to-energy Project ("Tengzhou Project") Phase I and Jiangsu Pei County Waste-to-energy Project ("Pei County Project") Phase I have completed construction and commenced operations. Tengzhou Project Phase I has a designed daily household waste processing capacity of 700 tonnes and is equipped with two self-developed 350 t/d grate furnaces; and its gas emissions fully comply with the Euro 2010 Standard. Pei County Project Phase I has a designed daily household waste processing capacity of 500 tonnes and is equipped with a self-developed 500 t/d grate furnace; its gas emissions also fully comply with the Euro 2010 Standard. Both projects commenced construction in October 2015 and are operating stably with all operating indicators in compliance with respective discharge standards.
As for environmental water business, Jiangsu Wuzhong Chengnan Waste Water Treatment Project Phase II and Upgrade commenced operation. In addition, Beijing Daxing Tiantanghe Waste Water Treatment Project Phase II and Upgrade, Liaoning Pulandian Waste Water Treatment Project Phase II, Henan Sanmenxia Waste Water Treatment Project Phase I Upgrading Project and Jiangsu Nanjing Pukou Reusable Water Project Phase I all have completed construction, and have started running in compliance with discharge standards; and these projects are expected to commence operations in 2017 in succession.
In terms of greentech segment, Sucheng Biomass Cogeneration Project in Jiangsu Province has completed construction and commenced operation. Jiangsu Xuyi Biomass Cogeneration Project, Anhui Huaiyuan Biomass Direct Combustion Project and Anhui Dingyuan Biomass Direct Combustion Project have all completed construction and have entered into the commissioning phase. These projects are expected to commence operations in the first quarter of 2017 in succession.
Mr. Chen Xiaoping, CEO of Everbright International, said, "2016 marks the beginning of Everbright International's new round of development. Thanks to the country's focus on the ecological environment, the Group has entered another phase of rapid development. As the year comes to a close, we have successfully completed 11 more environmental protection projects, and there are currently over 80 projects under construction or in the preparatory stage. When it comes to project construction, the Group has always endeavored to Develop High Quality Projects and Build a Strong Brand. The construction of all our projects have progressed smoothly as scheduled, and the Group remains committed to establishing each project as a local environmental protection landmark, as well as a demonstration base for environmental protection education and a destination for eco-tourism. We are dedicated to making a contribution towards environmental protection and ecological conservation. Given China's increasing efforts in the environmental protection sphere and the urgent need for environmental restoration in different regions, Everbright International looks forward to a more fruitful year in 2017."