CITIC Envirotech

Founded in 2003, CITIC Envirotech Ltd (CEL) is a leading membrane-based integrated environmental solutions provider specializing in water and wastewater treatment, water supply and recycling, sludge and hazardous waste treatment, and river restoration. CEL has a strong track record as a technologically-driven company with solid core expertise and has designed and built several of the largest treatment plants in Asia. It serves a prominent customer base including petrochemical giants like China Petrochemical Corporation (“Sinopec”), China National Petroleum Corporation (“CNPC”), China National Offshore Oil Corporation (“CNOOC”), industrial parks and municipalities. CEL has invested in more than 60 water plants across 11 provinces in China and Asia, with a total design capacity of more than 6 million m3/day. CEL’s wholly-owned subsidiary, Memstar Pte Ltd, is one of the largest advanced membrane manufacturers in the world, specializing in PVDF hollow fibre Ultrafiltration (UF) and Microfiltration (MF) membranes. Its major shareholders are China Reform Fund Envirotech Co., Ltd (“CRF”) and CITIC Environment Investment Co Ltd, a wholly-owned subsidiary of CITIC Limited (“CITIC”). CEL is the flagship platform for CITIC , the largest conglomerate in China, to develop and strengthen its water and environmental businesses.