OREANDA-NEWS. Singapore Exchange (SGX) today welcomed China Jinjiang Environment (“Jinjiang Environment”) to Mainboard under the stock code “BWM”.  

Jinjiang Environment is the first private waste-to-energy (“WTE”) operator in the People’s Republic of China (“PRC”), with the largest treatment capacity. Its business primarily focuses on the planning, development, construction, operation and management of waste-to-energy facilities.

Jinjiang Environment provides energy management contracting services to companies in the metallurgical, chemical and power generation industries. It is the first WTE operator in the PRC to develop and industrialise differential-density circulating fluidised bed (“CFB”) technology.  Jinjiang Environment hasaccumulated 18 years of operational experience, and continues to maintain a leading position for CFB technology for WTE in the PRC.

Wang Yuanluo, Executive Chairman and Chief Executive Officer of China Jinjiang Environment, said, “We believe that a listing on the SGX Mainboard will further enhance our brand image and recognition, and provide us with a platform to expand our business internationally, especially with a focus on Southeast Asia. We are familiar with the Singapore market, having been previously involved in two tenders conducted by the National Environment Agency in Singapore.”

Jinjiang Environment opened at $0.885 today.