Joint venture between Canadian firms
CALGARY, ALTA. And VICTORIA, B.C.: Canadian companies Maple Leaf Reforestation Inc. and CF Lacey & Associates have formed a joint venture to build and run waste-to-energy plants in Mongolia and China.
Calgary-based Maple Leaf will receive an operator’s fee of US$50,000 per month. CF Lacey & Associates, in Victoria, B.C., will get US$15,000 a month as technical developer. The length of the agreement was not disclosed.
The municipal solid waste (MSW) industry in China’s first-line cities is still in the first generation stage. First-generation MSW treatment technology uses mainly incineration, which generates high levels of pollution.
“Several cities in China have expressed interest to our group with respect to upgrading their MSW technologies and one city in particular, presently generating approximately 700 tons per day of MSW, is ready to start the preliminary study with us immediately,” said Raymond Lai, president and CEO of Maple Leaf.
Maple Leaf and Lacey are currently reviewing technology providers for the operation.