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Modern Water Plc Signe a Framework Agreement with Hangzhou Development Center in China

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Core prompt: Modern Water plc, the owner of leading water technologies for the production of fresh water and monitoring of water quality, has signed a Framewo

Modern Water plc, the owner of leading water technologies for the production of fresh water and monitoring of water quality, has signed a Framework Agreement with Hangzhou Development Center of Water Treatment Technology, Company Limited in China.

The new partnership will allow both organisations to jointly identify and develop projects in China, including seawater desalination plants and other water-related opportunities.

Hangzhou Water is a major player in the water industry in China and is owned by National BlueStar (Group) Co, Ltd which is part of the state-owned China National Chemical Corporation. Hangzhou Water specialises in membrane systems which have different industrial uses such as seawater desalination, industrial pure water preparation and water reuse.

Hangzhou Water has won or been involved in approximately 60% of China’s current or planned desalination projects. Hangzhou Water has engineer, procure and construct contracts as well membrane manufacturing and fabrication facilities.

Modern Water says that the partnership with Hangzhou Water further strengthens its position in China. Last year the Group appointed a non-executive chairman to drive business development in the region. This appointment was supported by the growth of Modern Water’s Monitoring Technologies division in China which last year contributed sales of more than £500k to the Group.

 
 
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