The services will be provided for one year, with the opportunity for future contract renewals. The waste will be processed at China Industrial Waste’s SEPA certified waste incineration facility and waste landfill site located in Dalian. Since the contract was signed, China Industrial Waste has made four collections of hazardous waste from Anshan.
‘We are very excited about this new opportunity which resulted from both our reputation in the industry and focused efforts to develop new markets and incremental revenue opportunities. Our business model is premised around building strategic partnerships with large enterprises and providing them with comprehensive environmental services. This new contract will allow us to demonstrate our capabilities in managing hazardous waste for the steel industry and serves as a conduit for future business with other large steel enterprises,’ commented Jinqing Dong, chairman and CEO of China Industrial Waste. ‘We will continue to focus on developing partnerships with large enterprises in Northeast China while further diversifying our revenue streams. Although China’s economy has been impacted by the global economic crisis, we are confident that China’s stimulus plan which specifically denotes increasing investment in environmental protection and municipal waste treatment facilities will create new growth opportunities for China Industrial Waste. This, combined with our efforts to develop new business, will help maintain our growth and momentum in 2009 and beyond.’
China Industrial Waste is a China-based industrial waste processor and provider of environmental protection, pollution treatment and waste management design services.
Anshan is a China-based steel producer.
