October 20, 2021
Technology

Swiss waste treatment and processing specialist SID to build equipment manufacturing facility in Changzhou National Hi-Tech District

CHANGZHOU, China, Sept. 30, 2021 /PRNewswire/ — On September 15, Switzerland-based Société Industrielle de la Doux S.A., more commonly known as SID, announced a partnership with Changzhou National Hi-Tech District (CND), whereby the waste treatment equipment maker will invest in a machinery manufacturing facility in Sino-Swiss (Changzhou) International Industrial Innovation Park. The tie-up is expected to help drive the growth of the waste treatment equipment manufacturing and environmental protection industries in China.

The SID machinery production facility, with a total investment of 20 million euros (approx. US$23.5 million), is on track to become an undisputed leader in the industry in terms of product technology. The facility, once it reaches its designed production capacity, is expected to achieve annual sales of 500 million yuan (approx. US$77 million). It will be the…

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