Veolia Environnement : signs a record contract with Sinopec, the top refining company in China and Asia
August 26, 2016 at 10:19 am EDT
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28 july 2016
Sinopec selects Veolia for 25 year contract to optimize the water cycle in its Yanshan Petrochemical complex, located in a high water stress region 50 km from Beijing.
Yanshan Petrochemical, a fully owned Sinopec subsidiary, and Veolia are creating a joint venture dedicated to the project which will employ 800 people.
The petrochemical complex is one of the largest production bases of synthetic rubber, synthetic resin, phenol acetone and high-quality refined oil products in China. It processes over 10 million tonnes of crude oil and produces 800,000 tonnes of ethylene annually.
Already in partnership for several years, Veolia and Beijing Yanshan Petrochemical are now extending their partnership to the entire management of the water cycle on the Yanshan site, including cooling water, demineralized water, industrial water, drinking water, chilled water, waste water and firefighting water. The goal is to optimize water consumption and increase the water recycling rate to reduce the site's water footprint.
Veolia will upgrade the wastewater treatment facility to bring it into compliance with the most stringent standards worldwide for industrial water discharge.
The Group will also reduce energy consumption per m of water produced, and consequently the carbon footprint.
Antoine Frérot, Chairman and Chief Executive Officer of Veolia, explained: 'The responsibilities that Sinopec has entrusted to Veolia confirm how two companies can partner up to provide the best services in their respective fields. Through this contract, Veolia will help Sinopec implement the best environmental standards and technologies to make its Beijing Yanshan site a reference in China. This contract confirms the refinery sector can perfectly keep producing while being committed to significantly reduce its environmental footprint.'
Régis Calmels, Senior Executive Vice President Veolia Asia, added: 'For Veolia, the first issue in this contract is its confirmation of the success of the partnership with Sinopec. Furthermore, the oil sector is a priority for Veolia in terms of development. Showing that Sinopec and Veolia in partnership are able to address the reality of the environmental constraints in this region is essential.'
More:
>See the interview of Regis Calmels
>Read the themed dossier: Veolia and the oil and gas sector
>Veolia's expertise in water management
>Press release: Asia - Oil&Gas. Paris-Beijing, 28 July 2016
Veolia Environnement SA published this content on 26 August 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 August 2016 14:19:02 UTC.
Original documenthttp://www.veolia.com/en/veolia-group/media/news/veolia-signs-record-contract-sinopec-top-refining-company-china-and-asia
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Veolia Environnement is the world leader in environmental management services. Net sales break down by activity as follows:
- water-related services (40.6%; No. 1 worldwide): water resources management, drinking water distribution and delivery, wastewater collection, treatment and recovery, engineering, design, construction of water treatment facilities and customer relationship management, etc.;
- waste management services (32.4%; no. 1 worldwide): collection, treatment and recycling of liquid, solid, non-hazardous and hazardous waste, waste treatment and recovery through composting, energy recovery from waste, etc. Veolia Environnement also provides urban waste management services (maintenance and cleaning of public spaces, provision of mechanized street cleaning and façade treatment services), maintenance of industrial sites, and dismantling of industrial facilities and equipment at the end of their useful life;
- energy services (27%; No. 1 in Europe): delegated management of urban heating and air conditioning networks, management of thermal and multi-technique services (operation of heating systems, facility design, construction, and maintenance, etc.) and industrial services (industrial process analysis, production equipment operation, service, and maintenance), general management of buildings and public lighting.
Net sales are distributed geographically as follows: France (21.5%), Europe (41.9%), North America (7.4%), Asia (5.6%), Africa and the Middle East (4.9%), Pacific (4.3%), Latin America (4%) and other (10.4%).
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