European Business Briefs: LNG, wastewater treatment, CSR, and employee bonuses
In this week’s European Business Briefs, liquefied natural gas for Spain; the modernisation of a wastewater treatment plant near Paris; employees are offered shares in a wind power company; and a new corporate social responsibility website.
British oil company, BP, has announced that it has signed a contract with the Qatar Liquefied Gas Company, known as Qatargas, for the delivery of 750,000 tonnes of liquefied natural gas (LNG) per year for three years to the Spanish market. The first cargo is scheduled for delivery in the third quarter of 2003.
French company Vivendi Environment, has announced that is subsidiary, Vivendi Water Systems, has won a four-year, €390 million contract at the Achères wastewater plant near Paris. The treatment plant serves eight million people in the greater Paris region, and treats three million cubic metres of wastewater every day.
Danish wind company Vestas has decided offer up to 800,000 new shares to the group’s employees, corresponding to an increase of the share capital of up to 0.8%. The shares will be offered in the period 4 to 20 November 2002, and employees will be offered up to 285 new shares each.
And finally, chemicals company Proctor and Gamble Fabric and Home Care has announced a new website on which it will publish information about the company’s operations in western Europ. Information on the new website will include work towards sustainable development, social responsibility and ecological policy.
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