SIIC Environment Holdings
SIIC Environment Holdings is a Singapore-incorporated, dual-listed environmental infrastructure operator and the third largest municipal wastewater treatment company in China, operating around 250 wastewater and water supply projects, 5 waste incineration plants, and 13 sludge treatment facilities across 20 provinces under service concession arrangements with PRC local governments.
- Company typePublic
- Founded2010
- HeadquartersSingapore, Singapore
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What SIIC Environment Holdings does
SIIC Environment Holdings Ltd is a Singapore-incorporated, dual-listed (SGX and HKEX) environmental infrastructure operator focused on municipal environmental services in China. According to Frost & Sullivan, the company is the third largest municipal wastewater treatment operator in China. Its asset base comprises approximately 250 wastewater treatment and supply projects, 5 waste incineration power generation facilities, 13 sludge treatment projects, and 18 tap water supply projects with a combined design supply capacity of 1,985,000 tons per day, serving roughly 1,052,859 residential and 102,320 non-residential end user accounts. The company operates exclusively under service concession arrangements with PRC local governments using BOT, TOT, BOO, and O&M project models, with operations coordinated through five regional headquarters (Wuhan, Nanfang, Shandong, Longjiang, and Fudan) covering 20 provincial-level administrative divisions.
The company generates revenue through five principal streams: wastewater treatment service fees from local governments based on volume and agreed tariffs, tap water supply charges to residential and non-residential end users, waste incineration fees plus electricity sales to grid companies at on-grid tariffs, sludge treatment service fees from local governments, and a residual EPC and consultancy business that has been deliberately scaled down since 2014. The pricing framework is governed by service concession agreements with government counterparties and applicable national and local regulations, including GB5749-2006 drinking water standards. Customer concentration is entirely within the Chinese local government segment, and end-user service is delivered directly without intermediaries or resellers.
The company's competitive position rests on regulatory barriers from long-duration concession contracts, scaled operations across multiple environmental verticals, and a nationwide regional structure that is difficult to replicate. The technology stack is purely physical and process-based — water and wastewater treatment infrastructure, waste incineration power generation, and sludge treatment systems — with no disclosed AI, software, or digital layer. Revenue is not disclosed in the source data, but the scale of operations and dense account base support a mid-billion-dollar revenue estimate.
SIIC Environment Holdings firmographics
Firmographics- Name
- SIIC Environment Holdings
- Legal name
- SIIC Environment Holdings Ltd
- Website
- https://siicenv.com
- Company type
- Public
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- SIIC Environment Holdings is a Singapore-incorporated, dual-listed environmental infrastructure operator and the third largest municipal wastewater treatment company in China, operating around 250 wastewater and water supply projects, 5 waste incineration plants, and 13 sludge treatment facilities across 20 provinces under service concession arrangements with PRC local governments.
- Ownership category
- akta.pro rank
SIIC Environment Holdings industry classification
Industry- Product category
- Municipal Water and Wastewater Treatment Services
- NAICS
- Sewage Treatment Facilities (22132), Water, Sewage and Other Systems (2213), Water Supply and Irrigation Systems (22131), Waste Treatment and Disposal (56221)
- SIC
- Water Supply (4941), Electric, Gas & Sanitary Services (4900), Refuse Systems (4953), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)
- akta.pro primary industry
- Water Reclamation & Reuse Production (Tertiary/Advanced Treatment) (EUANADAD)
- akta.pro secondary industries
- Industrial Wastewater & Effluent Treatment Services (BPALAHAD), Design & Engineering for Renewal/Expansion (Pipelines, Pump Stations, Treatment Plants) (EUANALAD)
Keywords
Where SIIC Environment Holdings is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
SIIC Environment Holdings business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Technology or R&D
Revenue model
- Wastewater Treatment Services: Revenue generated from wastewater treatment fees charged to local government customers based on volume of discharged wastewater and agreed tariff during concession period. Also includes reclaimed water treatment fees negotiated with customers.
- Water Supply Services: Revenue from tap water supply to residential and non-residential end users. Charges different retail prices per applicable rules and regulations. Total design supply capacity of 1,985,000 tons per day across 18 projects.
- Waste Incineration Power Generation: Revenue from waste treatment fees based on volume of municipal solid waste processed, and from selling electricity to grid companies at on-grid electricity tariffs.
- Sludge Treatment Services: Revenue from sludge treatment fees charged to local government customers based on volume of treated sludge and agreed tariff during concession period.
- EPC and Consultancy Services: Engineering, procurement and construction projects, and consulting services for wastewater treatment and water supply projects. EPC projects have been scaled down since 2014.
Distribution channels1 record
Marketing channels2 records
SIIC Environment Holdings product offering
Product offeringCore offering
SIIC Environment Holdings operates municipal wastewater treatment and reclaimed water treatment projects under service concession arrangements, provides tap water supply, runs waste-to-energy incineration power generation facilities, and offers sludge treatment together with EPC and consultancy services for environmental infrastructure projects.
Product overview
SIIC Environment Holdings operates as a leading integrated environmental operator and investor in China's environmental industry. The company offers a comprehensive portfolio of environmental services including wastewater treatment, reclaimed water treatment, water supply, waste incineration power generation, and sludge treatment. With approximately 250 wastewater treatment and supply projects, 5 waste incineration projects, and 13 sludge treatment projects, the company manages operations through five regional headquarters (Wuhan, Nanfang, Shandong, Longjiang, and Fudan) covering 20 provincial-level administrative divisions. The company develops and operates projects primarily through BOT, TOT, BOO, and O&M project models under service concession arrangements with local governments.
Differentiator
Problem solved
Functional benefit
Products and services
- Wastewater Treatment
Companies that use SIIC Environment Holdings
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
SIIC Environment Holdings technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
SIIC Environment Holdings partnerships and signals
Strategic signalScale indicators7 records
Recent moves4 records
Expansion highlights4 records
SIIC Environment Holdings competitors and assessment
Company assessmentDirect peers
- China Water Affairs Group Limited: Hong Kong-listed water utility operating city water supply, wastewater treatment, and drainage concessions across mainland China. Highly comparable to SIIC's water supply and wastewater treatment concession portfolio and government customer base.
- China Everbright Water Limited: Major Chinese environmental services company operating wastewater treatment plants and waste-to-energy projects under government concessions. Closely comparable to SIIC across wastewater, waste incineration, and recurring tariff-based revenue model.
- Sound Environmental Resources Co., Ltd. A-share listed Chinese operator of municipal solid waste incineration power generation and wastewater treatment plants. Directly comparable to SIIC's waste-to-energy and wastewater concession operations.
- Kangda International Environmental Company Limited: China-focused wastewater treatment and waste-to-energy concession operator with BOT/BOO/TOT projects. Closely comparable in business model, customer type, and revenue mix to SIIC's wastewater and waste incineration segments.
- Chongqing Water Group Co., Ltd. A-share listed municipal water utility providing water supply, sewage treatment, and sludge disposal services in Chongqing. Comparable in municipal water/wastewater concession operations and PRC local-government customer base.
- Capital Environment Holdings Limited: Beijing-based environmental services operator with BOT concessions for wastewater and waste-to-energy projects across mainland China. Closely comparable to SIIC's concession structure and PRC government customer mix.
- Beijing Enterprises Water Group Limited: Largest municipal wastewater and water supply operator in mainland China, providing BOT/TOT concessions and integrated water services. Directly comparable to SIIC given overlapping service lines, government concession model, and nationwide footprint.
- Guangdong Investment Limited: Hong Kong-listed infrastructure company with a major water supply and wastewater treatment business serving southern China municipalities. Comparable in regulated water utility economics and concession-based recurring revenue.
Broad incumbents
- Veolia China (Veolia Environnement S.A.): Global environmental services major with significant municipal water and wastewater concession operations in mainland China. Comparable as a broader incumbent peer offering overlapping wastewater and water reuse capabilities in the PRC.
- Shanghai Industrial Urban Development Group Limited: Hong Kong-listed affiliate of the same Shanghai Industrial group ecosystem; provides adjacent environmental and urban infrastructure services. Comparable as a broader-incumbent strategic peer given shared group affiliation and PRC infrastructure focus.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
SIIC Environment Holdings social profiles
Digital presenceSIIC Environment Holdings financial estimates
Financial estimateRevenue estimate
Valuation estimate
SIIC Environment Holdings leadership team
Management profileNumber of profiles
SIIC Environment Holdings subsidiaries and ownership
Company hierarchySubsidiaries5 records
SIIC Environment Holdings funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SIIC Environment Holdings M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SIIC Environment Holdings
What does SIIC Environment Holdings do?
SIIC Environment Holdings operates municipal wastewater treatment and reclaimed water treatment projects under service concession arrangements, provides tap water supply, runs waste-to-energy incineration power generation facilities, and offers sludge treatment together with EPC and consultancy services for environmental infrastructure projects.
Is SIIC Environment Holdings a public or private company?
SIIC Environment Holdings is a public company. It is classified as public and is currently operating.
When was SIIC Environment Holdings founded?
SIIC Environment Holdings was founded in 2010. It employs 5,001 to 10,000 people.
Where is SIIC Environment Holdings based?
SIIC Environment Holdings is headquartered in Singapore, Singapore, in the Asia region.
How does SIIC Environment Holdings make money?
Five revenue lines are on record. Wastewater Treatment Services are the primary driver. The others are water Supply Services, waste Incineration Power Generation, sludge Treatment Services and EPC and Consultancy Services.
Who are SIIC Environment Holdings's main competitors?
Direct peers on record are China Water Affairs Group Limited, China Everbright Water Limited, Sound Environmental Resources Co., Ltd., Kangda International Environmental Company Limited, Chongqing Water Group Co., Ltd., Capital Environment Holdings Limited, Beijing Enterprises Water Group Limited and Guangdong Investment Limited. Broad incumbents are Veolia China (Veolia Environnement S.A.) and Shanghai Industrial Urban Development Group Limited.
Does SIIC Environment Holdings have an API?
No public API is recorded for SIIC Environment Holdings.
What industry is SIIC Environment Holdings in?
SIIC Environment Holdings's product category is Municipal Water and Wastewater Treatment Services. Its primary akta.pro industry code is EUANADAD, Water Reclamation & Reuse Production (Tertiary/Advanced Treatment), with a secondary code of BPALAHAD, Industrial Wastewater & Effluent Treatment Services. Its NAICS code is 22132 and its SIC code is 4941.