« Press Releases
  

Sembcorp Industries to dispose of medical waste collection business in India

By Healthcare Facilities Today


 Sembcorp Industries (SCI) recently announced that its wholly-owned subsidiary, Sembcorp Environment, has agreed to divest its entire stake in Sembcorp Enviro (India) to Ramky International (Singapore) for $7.25 million.

Sembcorp Enviro (India) is a special purpose vehicle that owns a 51 per cent stake in SembRamky Environmental Management, a medical waste collection and treatment player in India.

The divestment is in line with SCI's efforts to streamline its businesses and sharpen its strategy for the India market.

Completion of the divestment is expected to take place by year end.



December 12, 2013


Topic Area: Press Release

Recent Posts

A Cleaning Alternative: The Benefits of Steam Technology

Cleaning is essential in healthcare facilities, but traditional disinfectants have harmful chemicals. Researchers say that steam technology may be the solution.

Novant Health Gets Approval for New Hospital and Freestanding Emergency Department

The new facilities will elevate access to healthcare in North Carolina’s fastest-growing county.

Preparing Healthcare Facilities for Severe Thunderstorms

Hardening plans and collaboration with local stakeholders can aid in prep for severe weather.

NLCS Strengthens Safety and Compliance with Comprehensive Electrical Program

Case study: A renewed partnership with Siemens helps the senior living provider meet NFPA 70B standards, reduce risk, and enhance reliability across its communities.

University of South Carolina Opens New Brain Health Center

The center is aimed at expanding access to specialized care for patients with cognitive conditions.

 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.