Milestones

2014

Jan

  • C&G entered into acquisition agreement with Grandblue Environment in respect of the proposed sale of its WTE business and assets (including consessions rights) and principal operating subsidiaries in the PRC

 

Jan

  • C&G received a support letter for Malaysia WTE project

2013

Dec

  • C&G de-registered a subsidiary in the People's Republic of China

 

Dec

  • C&G entered into framework agreement with Grandblue Environment  in respect of the proposed sale of its WTE business and assets (including consessions rights) and principal operating subsidiaries in the PRC
 

Oct

  • C&G successfully obtained price adjustment for waste handling fee at Huian plant
 

Oct

  • C&G entered into letter of intent in respect of the proposed sale of its waste-to-energy business and assets (including consessions rights) and principal operating subsidiaries in the PRC
 

Jun

  • C&G formed a joint venture company in Malaysia
 

Jun

  • C&G successfully obtained price adjustment approval for waste handling fee at Jinjiang plant
 

May

  • C&G secured its first operation and maintenance contract
 

Apr

  • C&G released first sustainability development report

 

Feb

  • C&G commenced construction of 300 tonnes phase two expansion for Anxi WTE plant in Fujian province
 

Jan

  • C&G's Huian and Huangshi WTE plant Clean Development Mechanism projects were successfully registered with the United Nations

2012

Nov

  • C&G commenced production of it's 6th WTE plant in Jianyang, Fujian province
 

Aug

  • C&G incorporated a energy management company in Thailand
 

Jul

  • C&G secured the first 500 tonnes WTE project in Nong Khaem in Bangkok, Thailand
 

Jul

  • C&G was selected as the first preferred bidder for Guiyang 2,000 tonnes WTE project
 

Jun

  • C&G incorporated an operation and maintenance company in China
 

Apr

  • C&G benefited from NDRC's upward adjustment to the WTE electricity tariff at RMB0.65/kWh
 

Apr

  • C&G issued over 34 million unlisted warrants to IFC
 

Mar

  • C&G was selected as the first preferred bidder for Dalian 1,000 tonnes WTE project.
 

Mar

  • C&G entered into a conditional agreement to issue over 34 million unlisted warrants to strategic investor International Finance Corporation ("IFC")
 

Mar

  • C&G Established strategic alliance with Industrial and Commercial Bank of China

 

Jan

  • C&G obtained approval from China's NDRC for Huian and Fuqing WTE plants as Clean Development Mechanism projects 
 

Jan

  • C&G commenced production of its 5th WTE plant in Fuqing, Fujian province

2011

Nov

  • C&G was granted credit facility of RMB 2.284 billion by Bank of China
 

Aug

  • C&G was selected as the principal investor of Can Tho WTE project

 

May

  • C&G’s 4th WTE plant commenced operation in Anxi, Fujian province

 

Mar

  • C&G adopted formal dividend policy with at least 20% payout ratio

 

Mar

  • C&G activated its 3rd WTE plant in Huangshi, Hubei province

 

Mar

  • C&G commenced production of its 2nd WTE plant in Huian, Fujian province

 

Mar

  • C&G expanded environmental offerings with 1st sludge treatment BOT project in Jinjiang, Fujian province

 

Feb

  • C&G registered WTE projects under Kyoto Protocol CDM

2010

Oct

  • C&G was granted patent for its waste heat recovery incinerator

 

Oct

  • C&G WTE plant awarded RMB16 million from the Chinese government as an encouragement for WTE projects

 

Jun

  • C&G won national awards for Huian and Huangshi WTE projects

 

May

  • C&G invested “waste incineration heat recycling boiler system”to resolve dioxin pollution

 

Apr

  • Completed Phase II expansion of Jinjiang WTE plant, bringing daily treatment of municipal solid waste (MSW) from 600T/D to 1,800T/D

 

FEB

  • Transformation of business from textile-related focus to the fast growing Waste-to-Energy (WTE) segment, following the successful acquisition of C&G Environmental ProtectionInternational Limited

2009

Dec

  • C&G successfully obtained Singapore Stock Exchange's in principal approval regarding the Acquisition.

 

Sep

  • Entered into 27-year concession agreement with Fuqing government to build and operate a 600 ton/day waste-to-energy project in Fuqing, Fujian province, PRC

 

Jul

  • Entered into 30-year concession agreement with Anxi City Administration to build and operate a 600 ton/day waste-to-energy project in Anxi, Fuqing province, PRC

 

Jul

  • Entered into 30-year concession agreement with Yingkou Environmental Bureau to build and operate a 800 ton/day waste-to-energy project in Yingkou, Liaoning province, PRC

 

Jun

  • Entered into 27-year concession agreement with Langfang Environmental Bureau to build and operate a 1000 ton/day waste-to-energy project in Langfang, Hebei province, PRC

 

May

  • C&G Industrial Holdings Ltd ("C&G", a company listed on Singapore Stock Exchange) has signed an agreement with CUGU Group (Hong Kong) Ltd. (CUGU EPIL's shareholder) of which C&G will acquire 100% ownership of CUGU EPIL from CUGU Group (Hong Kong) Ltd (the "Acquisition").

 

May

  • Entered into 27-year concession agreement with Huangshi City Administration to build and operate a 1200 ton/day waste-to-energy project in Huangshi, Hubei province, PRC

 

Jan

  • Entered into 27-year concession agreement with Huian Administration to build and operate a 700 ton/day waste-to-energy project in Huian, Fujian province, PRC

2008

Aug

  • CUGU Environmental Protection (Hong Kong) Co., Ltd was incorporated

2007

Sep

  • Entered into 28-year concession agreement with Jinjiang City Administration to build and operate a 1200 ton/day waste-to-energy project in Jinjiang ("Jinjiang Phase II Project"), Fujian province, PRC

2006

Oct

  • CUGU Environmental Protection (China) Co., Ltd was incorporated

 

Jul

  • CUGU Environmental Protection (Thailand) Co., Ltd was incorporated

 

Mar

  • China Habitat Environmental Demonstration Award by People's Republic of China Ministry of Construction

2005

Aug

  • Municipal Solid Waste Treatment Industrialization Demonstrated Project awarded by Fujian Provincial Department of Construction

 

May

  • Jinjiang Phase I Project achieved commercial operation

2004

Jan

  • CUGU Environmental Protection International Limited ("CUGU EPIL") was incorporated

2003

Dec

  • Entered into 30-year concession agreement with Jinjiang City Administration to build and operate a 600 ton/day waste-to-energy project in Jinjiang ("Jinjiang Phase I Project"), Fujian province, PRC