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Beijing Capital Weighs Sale of Singapore Waste Recycling Unit

  • ECO Special Waste Management could fetch up to $500 million
  • State-owned firm bought the Singaporean unit in 2015
Operations Inside A Recycling Facility as The World's 2-Billion-Ton Trash Problem Just Got More Alarming
Photographer: Ore Huiying/Bloomberg

Beijing Capital Group Co. is considering selling its waste management business in Singapore for as much as $500 million, according to people familiar with the matter.

The state-owned Chinese firm is in talks with advisers about working on the potential divestment of ECO Special Waste Management Pte, said the people, who asked not to be identified as the information is private.