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Heilongjiang Interchina Watertreatment Co Ltd Signs Memorandum of Understanding with Aquaporin A/S

Monday, 12 Aug 2013 08:00pm EDT 

Heilongjiang Interchina Watertreatment Co Ltd announced that it has signed a memorandum of understanding with Aquaporin A/S, to establish a joint venture in China. The joint venture capitalized at USD 25 million will be engaged in the development, commercialization and sale of water treatment biomimic membrane in China as well as the development and commercialization of water treatment and sea water desalination systems using the membrane, located in Shanghai, Beijing or Hong Kong. The two companies will hold 50% stake in the joint venture respectively. 

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