Waste treatment fast becoming a big business [News]
By Rachel Kelly, Channel NewsAsia, 19 Jul 2012.
Every year, some 1.25 billion tonnes of solid waste is created globally.
According to the World Bank, this will double by 2025.
While this is creating a challenge for governments around the globe, waste treatment is fast becoming a big business.
Road construction and maintenance firm Samwoh has been converting material from old buildings such as enbloc housing projects, and recycling it into useable surface for road, aircraft, and seaport pavement.
But Samwoh said the road to paving the streets of Singapore sustainably was not an easy one.
Ho Nyok Yong, director, Samwoh, said: “More than 10 years ago, I think the green industry was not very popular. We set up the concrete recycling plant, and at that time the authorities were not agreeable to use it, so we went into the red for many years. But our management was quite persistent on this part… they feel that this is our future.”
Source: Channel NewsAsia