China’s Ministry of Environmental Protection (MEP) is to cap emissions of air pollutants for new projects in heavy pollution industries and new coal-fired industrial boilers in 19 provinces and 47 prefecture-size cities from March 1.
The heavy pollution industries cover thermal power, steel, petrochemicals, cement, non-ferrous metals, and the chemical sector. New thermal power and steel projects will initially implement the new air pollutant emission rules, followed by other industrial sectors. MEP believe that control over air pollutants emission in key areas will drive industry to upgrade and introduce innovations, and thus help improve air quality in China.
Wuhan Iron and Steel Group’s subsidiary Wusteel Engineering Technology has set up a joint venture with CSC Zhongyu Environmental Protection Engineering Co, a subsidiary of the Taiwan based China Steel Corp (CSC) in the environmental protection industry. Wusteel invested about 182M yuan ($29.3M) to set up the joint venture in which Wusteel Engineering Technology will take a 51% stake.
Source: China Metals e-mail email@example.com