Chinese investigators traced the source of a chemical that contaminated the water supply of 2.4 million people to a leak from an oil pipeline run by a unit of China National Petroleum Corp., the Xinhua News Agency said.
Electricite de France SA, the world’s biggest operator of nuclear reactors, and Veolia Environnement SA said they reached a final agreement to split the operations of their Dalkia energy-services venture.
Desalitech Ltd., a developer of desalination and industrial water-treatment technologies, signed a memorandum of understanding with Veolia Environnement SA that may lead to using its reverse-osmosis systems in Mexico.
Suez Environnement, Europe’s second-biggest water company, and Chinese partners agreed to build an incinerator near Shanghai to treat hazardous and medical waste that will generate steam and supply energy.
Veolia Environnement SA, Europe’s largest water utility, advanced the most in six months in Paris trading after forecasting higher profit this year and proposing the renewal of Chief Executive Officer Antoine Frerot’s term.
The chief executive of French water company Veolia Environnement SA publicly identified the utility’s second-biggest shareholder and his predecessor today for two attempts to engineer his ouster in as many years.