United Envirotech, Ltd. (UE; UEL) is a Singapore-based company focused on

environmental engineering Environmental engineering is a professional engineering discipline that encompasses broad scientific topics like chemistry, biology, ecology, geology, hydraulics, hydrology, microbiology, and mathematics to create solutions that will protect and a ...

and

consulting A consultant (from la, consultare "to deliberate") is a professional (also known as ''expert'', ''specialist'', see variations of meaning below) who provides advice and other purposeful activities in an area of specialization. Consulting servic ...

. Founded in 2003 by Lin Yucheng and Goh Ching Wah, the company went public in 2004 and is listed on the

Singapore stock exchange The Singapore Exchange Limited (SGX) is a Singaporean investment holding company that provides different services related to securities and derivatives trading and others. SGX is also a member of the World Federation of Exchanges and the Asian ...

(UENV) and traded in the United States and Germany. In 2014 and 2015, news reports indicated that

investment firms Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated wit ...

CITIC Group CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping. ...

and

Kohlberg Kravis Roberts KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strate ...

were jointly seeking to acquire a controlling interest in the company through a newly created

joint venture company A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access ...

, tentatively named "CKM".

Ownership

investment company An investment company is a financial institution principally engaged in holding, managing and investing securities. These companies in the United States are regulated by the U.S. Securities and Exchange Commission and must be registered under the ...

owned about 30% of the company based on stock holdings.

Corporate governance

As of 2015, the

chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...

and

chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

of the company was co-founder Lin Yucheng.

Facilities

In 2015, UEL was reported to be constructing a 100,000 litre/day capacity

industrial wastewater treatment Industrial wastewater treatment describes the processes used for treating wastewater that is produced by industries as an undesirable by-product. After treatment, the treated industrial wastewater (or effluent) may be reused or released to a sa ...

facility to serve (and with investment from) a petrochemical industrial park situated at the start of the

West–East Gas Pipeline The West–East Gas Pipeline () is a set of natural gas pipelines which run from the western part of China to the east. PetroChina Pipelines PetroChina Pipelines is a subsidiary (72.26%) of PetroChina that managed the first three pipelines of ...

Luntai County Bügür County ( transliterated from Mongolian), also known from Mandarin Chinese as Luntai County, is a county in central Xinjiang Uyghur Autonomous Region and is under the administration of the Bayin'gholin Mongol Autonomous Prefecture. It cont ...

Xinjiang Xinjiang, SASM/GNC: ''Xinjang''; zh, c=, p=Xīnjiāng; formerly romanized as Sinkiang (, ), officially the Xinjiang Uygur Autonomous Region (XUAR), is an autonomous region of the People's Republic of China (PRC), located in the northwest ...

, China.

References

Companies established in 2003 2003 establishments in Singapore Engineering consulting firms Engineering companies of Singapore Companies listed on the Singapore Exchange {{industry-company-stub