Suez Wins Contracts From Morocco to China for Wastewater Works

Feb 07, 2014 12:31 pm ET

Feb. 7 (Bloomberg) -- Suez Environnement, the second- biggest publicly traded water company in Europe, won contracts this week for sludge and wastewater-treatment projects from Morocco to Egypt and China.

The 20-year award to subsidiary Sita Altas from the Meknes municipal authority that Suez announced today calls for the building and operating of a household waste and recycling facility at a landfill site for 650,000 Moroccan residents.

That follows a 30-year contract with venture Yangzhou Sino French to treat dry sludge from wastewater plants serving 4.5 million residents and industrial clients in Yangzhou, China. The sludge can be mixed with coal and burned to produce electricity, reducing the consumption of coal, after the biological waste is decontaminated, the company said yesterday.

Suez’s water-treatment subsidiary Degremont on Feb. 5 won an additional five-year wastewater operation and maintenance award for the Gabal El Asfar 2A treatment plant in Cairo.

The China joint venture contract is valued at 234 million euros ($318 million) over 30 years, the Morocco award is worth 90 million euros and the Egypt contract 28 million euros, said Paris-based Suez, which competes with bigger rival Veolia Environnement SA in France and abroad for municipal and industrial water and waste contracts.