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| The completion ceremony was attended by some seventy individuals, including Ms. Wang Yueshan, Chairwoman of SND (Suzhou National New & Hi-tech Industrial Development Area), Mr. Zhang Wenbiao, Standing Committee Member of SND, Mr. Liu Wenbao, Vice Director of Suzhou City Environment Protection Bureau, Mr. Jiang Jianqing, Director of SND Environment Protection Bureau, and other prominent government and municipal officials, by Mr. Masayoshi Sugiyama, Executive Vice President of Sony Corp., Mr. Takashi Ichinose, President and Representative Director of Sony Chemical & Information Device Corp., and by Koji Fujiwara, Primary Executive Officer, and Kyosuke Komiya, Senior Executive Officer, of AKCC. The newly completed plant forms the core of the first project in AKCC's business for the provision of wastewater recycling service, a key focus for strategic expansion of water-treatment related operations. Provision of efficient and stable wastewater recycling service is made possible through the outstanding filtration performance of AKCC's membranes together with operating technology and know-how based on broad experience with water-treatment systems. While the wastewater recycling service is available under a wide range of contractual configurations corresponding to individual customer needs, this first project is structured on a "build-own-operate" model, with AKCC owning and operating the wastewater recycling plant. For a recycling service fee, industrial wastewater from the customer's plant is recycled by membrane filtration to produce high-quality industrial process water. AKCC will continue to work in coordination with the Suzhou municipal authorities, who are implementing advanced environmental policies, and with the wide range of enterprises operating in Suzhou, to together contribute to solutions for water-related issues in the region. At the same time, AKCC will expand its business for the provision of water recycling service in other regions of China and Asia which face serious water shortages. | ||||||||||||||||||||||||||
