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China's big clean up
The country's 27-year-old economic boom has left its waterways and coastlines severely polluted by industrial and farm chemicals and domestic sewage. Its countryside is littered with garbage and construction waste, and its cities suffocated by smog.
The centerpiece of the Shanghai chemical park — home to major international companies such as energy giant BP Plc, Bayer AG, Degussa AG and BASF AG of Germany — is a $2.73 billion, 900,000 ton-per-year ethylene cracker, a joint venture between BP and Sinopec.
"China now realizes that environmental cleaning is part of development," said Jean-Louis Chaussade, executive vice president of Suez SA in charge of Suez Environment. "It's an enormous objective. It's huge and it will take a generation," he said.