Keppel's S$74.2 million solution goes to waste

One man’s waste is another man’s wages, as the people at Keppel Seghers are finding out.

The company has announced that it has secured 2 waste-to-energy contracts worth S$74.2 million, to be located in China.

The first contract, awarded by Shenzhen Energy Environmental Engineering Company Ltd, is for the expansion of an existing WTE plant in Shenzhen, Guangdong. When completed in 2011, the WTE plant will be the largest in China with an eventual capacity to treat 4,200 tonnes of municipal waste per day.

Keppel Seghers’ technology for the furnace, boiler and flue gas cleaning components will enable the facility to treat an additional 3,000 tonnes to the existing 1,200 tonnes of municipal waste per day.

Besides the contract, a Memorandum of Understanding (MOU) was signed between Keppel Corporation Limited and Shenzhen Energy Group Co., Ltd to explore areas of strategic partnerships related to environmental protection, including WTE projects.

The second contract, awarded by China Energy Conservation Investment Corporation (CECIC), is for the supply of technology for the furnace, boiler and flue gas cleaning components for a WTE plant in Chengdu. When completed in 2011, the plant will be able to treat 1,800 tonnes of municipal waste per day. CECIC, like Shenzhen Energy Environmental Engineering Company, is a repeat customer.

Keppel Integrated Engineering is currently the market leader for imported WTE solutions in China, with 60% of the market share.

Last year, Keppel Seghers secured two WTE technology projects in China. In July 2009, Keppel Seghers secured an €11 million (approximately S$22.3 million) contract from Tianjin Binhai Environmental Industry Development Ltd to provide technology to a WTE plant in Hangu, Tianjin.

The above-mentioned contracts and MOU are not expected to have material impact on the net tangible assets or earnings per share of Keppel Corporation Limited for the current financial year.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia