Mitsui & Co. participates in Mexico`s largest wastewater treatment project

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Mitsui & Co. consolidated subsidiaries Atlatec and SAT, both based in Mexico, with the corporate group of ICA, the largest construction firm in Mexico, concluded an agreement on Sept 29th for the construction and operation of the biggest wastewater treatment plant in Mexico.

Atlatec, a water/wastewater treatment engineering and construction company, acquired by Mitsui in July 2008, and SAT, an investment firm wholly owned by Mitsui USA, have invested in 50% of the project company, or Project-Co, which will operate and maintain the wastewater treatment facilities, together with the corporate group of ICA, which has invested the remaining 50% of the Project-Co.

Environmental pollution by untreated wastewater is becoming more serious in Guadalajara City, Mexico's second largest metropolitan area with a population of about 3.65 million people. The Project-Co will provide twenty years of wastewater treatment service to the Water Commission of the State of Jalisco by the construction and operation of the biggest wastewater treatment facility in Mexico, with a capacity of 734,400 tons/day.

Mitsui, together with Atlatec and SAT, will meet almost the entire demand for household wastewater treatment in the metropolitan area of Guadalajara City by executing this project and the El Ahogado wastewater treatment BOT project, with a capacity of 194,400 tons/day, which is now being executed by Atlatec and SAT pursuant to the agreement with CEA dated December 10th of 2008.

Mitsui has already participated in 9 DBFO projects in Mexico through Atlatec and SAT, such as a wastewater treatment project in Queretaro State and an industrial wastewater treatment project for PEMEX refineries.

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