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Oct 16, 2007, 2:04 GMT

Water-treatment firm Hyflux to build recycling plant in Vietnam

Singapore - Water-treatment firm Hyflux has formed a joint venture to invest 10.5-million-US-dollars to build a used-oil recycling plant in Vietnam, the company confirmed Tuesday. The firm is tying up with Success Blossom Environment Vietnam Joint Stock Company for the project, recycling used oil into high- grade base oil for sale in Vietnam, Laos, Cambodia and other markets. The project near Hanoi will be able to process and recycle up to 12,000 tonnes of feed used-oil annually, Hyflux said. © 2007 dpa - Deutsche Presse-Agentur

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