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Deals worth $35M just tip of the iceberg, Watson says of Team Ottawa trade mission to China
BEIJING — Ottawa Mayor Jim Watson says that he expects that the Team Ottawa mission to China will see up to nine agreements worth up to $35 million when it wraps up in Shanghai on Saturday.
...
For example, Plasco, the Ottawa waste-to-energy company, has signed a letter of intent with one of China’s largest state owned enterprises called Shougang. This SOE has moved from heavy to light industry and is interested in expanding into clean technology, an area in which Ottawa has expertise. It employs about 70,000 people.
If all goes well, the agreement will see Plasco technology brought on stream by 2017. The plan is to eventually convert about 3,000 tons a day of Beijing’s garbage into clean fuel, something the Chinese capital desperately needs as it languishes under choking smog. Construction is expected to begin soon on the site on the outskirts of Beijing. The site itself was at one time a mountain that has literally been levelled to make way for an eco-industrial park. If Plasco succeeds in Beijing, there is a lot of garbage to process in the country of 1.4 billion people.
Plasco’s senior vice-president in China is Xiaomei Shi. She has been the point person on this deal in China. Of course, the communist giant is a target for a company like Plasco which sees real money in the mountains of garbage that is produced every day in this city of more than 21 million people.
Interestingly, one of the real issues facing Plasco is that Beijing garbage is fairly wet and potentially harder to turn into energy. She calls it “cool” trash, as opposed to Ottawa’s hot garbage. So the company is auditing the material to sort out a way forward. She would not talk money, but it’s evident the potential is into the hundreds of millions of dollars.
“We have been working actively in the China market for the past three and a half years looking for an opportunity to land out technology in China. We always wanted to have our technology applied to Beijing’s garbage,” Shi says.
...
@村长@老何
来源：
http://www.ottawacitizen.com/techno...Ottawa+trade+mission+China/9047352/story.html
BEIJING — Ottawa Mayor Jim Watson says that he expects that the Team Ottawa mission to China will see up to nine agreements worth up to $35 million when it wraps up in Shanghai on Saturday.
...
For example, Plasco, the Ottawa waste-to-energy company, has signed a letter of intent with one of China’s largest state owned enterprises called Shougang. This SOE has moved from heavy to light industry and is interested in expanding into clean technology, an area in which Ottawa has expertise. It employs about 70,000 people.
If all goes well, the agreement will see Plasco technology brought on stream by 2017. The plan is to eventually convert about 3,000 tons a day of Beijing’s garbage into clean fuel, something the Chinese capital desperately needs as it languishes under choking smog. Construction is expected to begin soon on the site on the outskirts of Beijing. The site itself was at one time a mountain that has literally been levelled to make way for an eco-industrial park. If Plasco succeeds in Beijing, there is a lot of garbage to process in the country of 1.4 billion people.
Plasco’s senior vice-president in China is Xiaomei Shi. She has been the point person on this deal in China. Of course, the communist giant is a target for a company like Plasco which sees real money in the mountains of garbage that is produced every day in this city of more than 21 million people.
Interestingly, one of the real issues facing Plasco is that Beijing garbage is fairly wet and potentially harder to turn into energy. She calls it “cool” trash, as opposed to Ottawa’s hot garbage. So the company is auditing the material to sort out a way forward. She would not talk money, but it’s evident the potential is into the hundreds of millions of dollars.
“We have been working actively in the China market for the past three and a half years looking for an opportunity to land out technology in China. We always wanted to have our technology applied to Beijing’s garbage,” Shi says.
...
@村长@老何
来源：
http://www.ottawacitizen.com/techno...Ottawa+trade+mission+China/9047352/story.html
