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  • Reuters7 days ago

    Canada's Brookfield to buy Odebrecht Ambiental - source

    Canada's Brookfield Asset Management has signed a preliminary contract to buy Brazilian engineering conglomerate Grupo Odebrecht's 70 percent stake in water and sewage group Odebrecht Ambiental, an industry source told Reuters on Wednesday. Odebrecht Group will retain the right to develop water concession projects outside Brasil and Brookfield will re-brand Odebrecht Ambiental, which was named Foz until 2012.

  • Reuters2 months ago

    Veolia buys Chemours' sulphur recycling unit for $325 mln

    Veolia's North American business is buying the Sulfur Products division of U.S. firm Chemours for $325 million, the French water and waste company said in a statement. The division specialises in the recovery of sulphuric acid and gases from the refining process, which are recycled into clean acid and steam used in a wide range of industrial activities. Veolia, whose traditional European municipal water business is stagnating, is seeking growth in industrial waste recycling and focusing on waste that is toxic or hard to treat.

  • Reuters2 months ago

    Veolia buys Chemours' Sulfur Products division for $325 mln

    Veolia's North America unit is buying the Sulfur Products division of U.S. firm Chemour for $325 million, the French water and waste company said in a statement. The division specialises in the recovery of sulphuric acid and gases from the refining process, which are recycled into clean acid and steam used in a wide range of industrial activities. Veolia, which is expanding in industrial and toxic waste, said sulphuric acid is used to manufacture hundreds of compounds needed by almost every industry.