2005 - 2006 - Pinsent Masons Water Yearbook 2012

FRANCE PART 3 (i): COMPANY ANALYSIS: MAJOR PLAYERS
2004 concentrates on effluent treatment services In April 2005, PSA Peugeot Citroën outsourced the
environmental management activities of its new factory in Trnava, Slovakia to VE. The eight year
contract will generate revenues of €60 million.
Outsourcing in Asia
Malaysia
In September 2002, VE signed a contract with Petronas for outsourcing services in water treatment
and supply at the Kertih Petrochemical Complex in Malaysia. The 20 year contract does not involve
any investment on the part of Veolia Water. The company will operate a potable water production
plant with a capacity of 250,000m 3 /day and a distribution network serving customers such as BP
Chemicals, Mitsui and Union Carbide, which work with Petronas in the petrochemical complex. The
contract will generate revenues of €200 million over its lifetime
The US$1 billion Hyundai Petrochemical’s Daesan contract (January 2000) runs for 20 years. The
Hynix Semiconductors Corporation 12, year €900 million contract for Hyundai of Korea, is the largest
industrial water outsourcing contract in the world to date. The contract calls for four ultra-pure water
plants and two WWTWs. VE is acquiring the company’s water and wastewater facilities for €196
million and will generate €830 million in revenues over the next 12 years. The 10 year effluent
management contract for Millennium Chemicals signed in 2001, is worth €165 million.
Thailand
Global Utilities Services Co. Ltd (Thailand) is a JV between Veolia S.Napa (49%), Industrial Estate
Authority of Thailand (49%), and the IEAT Provident Fund (2%). GUSCO currently has 8 industrial
water management contracts in Thailand, including Sony, Egco, GM and Ford, with a Bht900 million
(US$21.2 million) turnover or US$2.65 million per annum per contract.
Contact Details
Name: Veolia Environment SA
Address: 42 Avenue de Friedland, 75008 Paris, France
Tel: +33 1 71 71 10 00
Fax: +33 1 71 71 11 79
Web: www.veoliaenvironnement.com
www.veoliawater.com
www.generale-des-eaux.com
Henri Proglio (Chairman and CEO)
Jerome Contamine (CFO)
Paul-Louis Girardot (Director, Generale des Eaux)
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Pinsent Masons Water Yearbook 2005 – 2006