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OriginClear Enters Into Joint Development and Commercialization Agreement with Park Rich Environmental Technology for the China Market
OriginClear Enters Into Joint Development and Commercialization Agreement with Park Rich Environmental Technology for the China Market.
About this update from Originclear, Inc.
[{"type":"text","content":"\n \n OriginClear, \n Inc. (OTC/QB: OCLN), \n a leading provider of water treatment solutions, today announced that \n its wholly-owned subsidiary, OriginClear Hong Kong (OCHK), has agreed \n that OCHK has entered into a Joint Development and Commercialization \n Agreement with Hong Kong-based water treatment engineering and \n manufacturing firm Park Rich Environmental Technology Co., Ltd. (Park \n Rich), based on specific purchase orders from time to time and upon \n the terms that the parties agree to. In February, OriginClear had also \n signed a distribution agreement with Park Rich affiliate, Jovial \n Technology.\n \n \n “Park Rich are already the China agent for one of our most trusted \n marketing partners in the US, TriSep, \n which means they are players on the China water treatment market,” said Jean-Louis \n “JL” Kindler, President of OriginClear Technologies and Managing \n Director of OCHK. “Park Rich and its affiliate Jovial Technology have \n outstanding engineering and distribution resources in China and we look \n forward to a highly productive working relationship.”\n \n \n Park Rich will showcase OriginClear’s technology in its booth #458, Hall \n 1, at the major water conference, Aquatech \n China, in Shanghai between June 15 and June 17.\n \n \n OriginClear has also been nominated for China \n Blue Tech Awards, as organized by BlueTech Research and Mandarin \n Environment in partnership with Aquatech China.\n \n \n “We have an ongoing distribution agreement with OriginClear HK via our \n sister company, Jovial Technology Ltd., and as we move along in our \n relationship, we are excited about the potential of EWS:AOx on the \n Chinese market,” said Terence Lam, CEO of Park Rich Environmental \n Technology. “We are glad to put our engineering expertise at work to \n help complete systems reach the market in a shorter period of time, as \n there is an acute need for this technology right now.”\n \n \n Park Rich plans to take a leading role in the design and engineering of \n industrial water treatment systems that integrate OriginClear’s Electro \n Water Separation™ with Advanced Oxidation (EWS:AOx™) \n technology.\n \n \n In 2015, OriginClear co-authored \n a paper with TriSep on produced water treatment for irrigation \n pur...