Released under the GIC Framework
Veolia Water, the water division of Veolia Environnement, has signed three new industrial contracts in the UK, Germany and Franc
Active:
yes
Country/Region/International Authority:
Company:
Contract Set?:
yes
Contract Amount:
57,000,000 EUR
Project Timeframe:
April 2004 - April 2016, 14 year, 10 years, 10 years
Announcement Date:
02/12/2004
Source Link(s):
Veolia Water, the water division of Veolia Environnement, has signed three new industrial contracts in the UK, Germany and France. Together, the contracts represent total revenue of around €57 million.
In the UK, Johnson Matthey, a world leader in industrial catalysts and fuel cells, selected Veolia Water to design, build and operate for 10 years a new plant to treat the effluent generated by its Clitheroe production unit in Lancashire.
In Germany, Veolia Water signed a contract with MD Papier GmbH &Co in Plattling, Bavaria to extend and operate the site's effluent treatment plant for 12 years from April 2004. The Plattling site produces 350,000 metric tons of rotogravure printing paper a year.
In France, Veolia Water concluded a design, build and operate contract with Grande Paroisse SA, France's leading fertilizer producer and a subsidiary of Atofina. The contract covers facilities to treat effluent from storing gypsum-rich waste generated by the Grand Quevilly site. The treatment will include a leading-edge technology to crystallize the effluent. Veolia Water will operate the treatment facilities for 10 years.
These contracts strengthen Veolia Water's world leadership position in industrial services, such as process water supply and effluent treatment. In 2003, the company's business in this segment increased 30% to represent revenue of approximately €400 million.
"The three new contracts won by Veolia Water demonstrate our ability to propose solutions tailored to the needs of industrial companies, " said Antoine Frérot, CEO. "In just a few years, we have managed to firmly establish Veolia Water in this market and bring the unique water management know-how of our teams to bear on the special problems encountered by industry. The current trend of major industrial companies to focus on their core business and outsource their environmental services is expected to continue in the years ahead."