Press releases
ZhongDe Waste Technology AG: State Council of China strengthens municipal waste treatment industry
Frankfurt, May 26, 2011
The State Council of China approved Opinions to further improve the municipal waste treatment in China. The Opinions include various measures to speed up bureaucratic processes, ensure the land supply, establish educational programmes, stimulate R&D and support the municipal waste treatment industry via tax policy and incentives for private investors.
In the past few years, the volume of municipal waste has increased sharply due to the rapid urbanization in the PRC. Inadequate waste treatment capacities have led to serious impacts to the urban environment. To deal with the municipal waste output and realize a quantity reduction, reclamation and hazard free treatment of the municipal waste, the Ministry of Environmental Protection and other 15 Ministries jointly issued the Opinions.
Therein, the development targets for the municipal waste treatment are identified. It is expected, that the rate of hazard free treated municipal waste in China will reach more than 80% by 2015, and sorting, collection and transportation of the kitchen waste should be realized in 50% of the urban communities. The resources utilization rate of municipal waste should reach 30%.
The Opinions identified the following measures to strengthen policy support:
Clearly state to support and stimulate the energy-from-waste industry in China
Ensure the land supply for the construction of energy-from-waste plants
Accelerate the approval processes for energy-from-waste projects
Broaden the investment channel. Municipal waste treatment is mainly financed by the local government and supported properly by the central government. Non-state-owned investment is encouraged to get involved into construction and operation of municipal waste treatment facilities.
Establish an incentive mechanism: Strict implementation and continuous improvement of tax preferential policy for municipal waste treatment
Establish a charge system for municipal waste treatment
Ensure facility construction: Priority for building municipal waste treatment facilities during the new construction or reconstruction of urban areas.
Improve the innovation ability: Strengthen the support of technology R&D for the municipal waste treatment, focus on key techniques, such as clean incineration, dioxin control, flying ash treatment, landfill gas collection and utilization, leakage treatment, toxic emission control, administration of non-normal municipal waste storage places, etc.
Implement talents plan: Set up related municipal waste treatment majors in colleges and universities. Make great effort to develop vocational education.
Mr. Chen Zefeng, the founder and CEO of ZhongDe comments: "Thanks to the strong stimulation policy of the Chinese central government, the energy-from-waste industry, in which ZhongDe is engaged, is expected to gain momentum in China."
About ZhongDe Group
ZhongDe Group designs, constructs, finances and operates energy-from-waste incineration plants generating electricity from the disposal of solid municipal and industrial waste. ZhongDe realises either EPC (Engineering, Procurement and Construction) or BOT (Build, Operate and Transfer) projects, focusing on large-scale plants with waste disposal capacities of around 1,000 tons per day. Since 1996, ZhongDe Group has installed approximately 200 waste incinerators in 13 provinces and more than 80 waste incinerators in the last three financial years alone. ZhongDe is one of the famous players in the project development and operation of large-size energy-from-waste plants in China.
Contact
William Jiuhua Wang
Executive Director and CFO
E-Mail: william.jw@zhongdetech.com
Ying Sun
Assistant IR Manager
Herriotstr. 1,
60528 Frankfurt am Main
T: +49 69 67733 172
F: +49 69 67733 200
E-Mail: ying.sun@zhongde-ag.de
Kirchhoff Consult AG
Nicole Schüttforth
T: +49 40 60 91 86 64
F: +49 40 60 91 86 60
E-Mail: nicole.schuettforth@kirchhoff.de
Overview
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30 August 2016
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29 April 2016
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28 August 2015
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28 May 2015
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29 April 2015
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28 November 2014
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28 August 2014
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29 April 2014
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23 December 2013
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28 November 2013
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28 August 2013
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28 June 2013
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28 May 2013
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29 April 2013
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30 November 2012
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23 October 2012
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30 August 2012
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30 November 2011
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14 September 2011
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26 May 2011
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2 May 2011
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24 February 2011
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30 December 2010
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30 November 2010
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19 November 2010
ZhongDe Waste Technology AG: Change in Supervisory Board
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10 November 2010
ZhongDe Waste Technology AG signed financial leasing contracts of two BOT projects
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30 August 2010
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27 August 2010
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19 July 2010
ZhongDe Waste Technology AG moves Offices from Hamburg
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4 June 2010
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28 May 2010
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30 April 2010
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12 February 2010
ZhongDe Waste Technology AG: Successful operation of Datong Project
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30 December 2009
ZhongDe Waste Technology AG signs agreement to increase contract amount of Datong Project
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30 December 2009
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30 November 2009
ZhongDe Waste Technology AG presents its financial results for Q3 2009
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7 September 2009
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31 August 2009
ZhongDe Waste Technology AG adjusted strategy for future growth in 2009
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3 August 2009
ZhongDe Waste Technology AG Annual General Meeting adopts dividend
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30 July 2009
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20 July 2009
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10 June 2009
ZhongDe Waste Technology AG announces to postpone its Annual General Meeting
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29 May 2009
ZhongDe Waste Technology AG presents its financial results for Q1 2009
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30 April 2009
ZhongDe Waste Technology AG maintains high growth rates
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20 April 2009
ZhongDe Waste Technology AG announces signing of two large-size BOT projects
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6 April 2009
ZhongDe Waste Technology AG signs Letter of Intent on Renewable Energy Projects for Electricity Generation in Jilin, PRC
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3 February 2009
ZhongDe Waste Technology AG announces strategic cooperation agreement with Genesis Energy Holdings Limited
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23 January 2009
ZhongDe Waste Technology AG signs contract with Zhucheng Baoyuan New Energy Power Generation Co., Ltd
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29 December 2008
ZhongDe Waste Technology AG announces change in the Supervisory Board
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28 November 2008
ZhongDe Waste Technology AG reports continued healthy growth in Q3 2008
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10 November 2008
ZhongDe Waste Technology AG expects continuous growth and confirms initial estimation for financial year 2008
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30 September 2008
ZhongDe Waste Technology AG expects continuous growth and confirms initial estimation for financial year 2008
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29 August 2008
ZhongDe Waste Technology AG reports continuous growth in Q2 2008
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30 June 2008
ZhongDe Waste Technology AG announces cooperation agreement with Veolia
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16 June 2008
ZhongDe Waste Technology AG announces signing of Lianshui BOO project
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30 May 2008
ZhongDe Waste Technology AG reports strong growth in Q1 2008
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29 April 2008
ZhongDe Waste Technology AG presents its audited full year results for fiscal year 2007: net profit more than doubled – order intake increased by 90% to €44.4 million
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7 April 2008
ZhongDe Waste Technology AG announces signing of Xinjiang BOT project
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18 March 2008
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11 March 2008
ZhongDe Waste Technology AG signs contract for large scale waste incinerator plant
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28 November 2007
ZhongDe Waste Technology AG continues to grow in Q3 2007
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19 September 2007
ZhongDe Waste Technology AG secures land usage rights in Beijing – headstone for building a second production facility
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28 August 2007
ZhongDe Waste Technology AG presents strong performance in H1 2007
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9 August 2007
ZhongDe Waste Technology AG announces signing of two BOT projects
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12 July 2007
ZhongDe Waste Technology AG: Greenshoe option exercised in full
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5 July 2007
ZhongDe Waste Technology AG sets offer price and issue volume
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28 June 2007
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25 June 2007
ZhongDe Waste Technology AG launches its Initial Public Offering on the Prime Standard in Frankfurt
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14 June 2007
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