Parkway Corporate LimitedASX: PWN

Parkway Enters Strategic Collaboration with Hitachi

· Issued by Parkway Corporate Limited

Filed with ASX · · 4 pages · English

Summary by 6ix AI

Parkway Corporate Limited has announced a strategic collaboration with Hitachi to develop advanced brine concentration systems. The memorandum of understanding outlines a framework for joint development and deployment of these systems, focusing on modular solutions for key markets. This collaboration aims to enhance Parkway's capabilities in industrial water treatment and waste management, particularly for the QBS Brine Management Complex project. Both companies will retain ownership of their respective intellectual properties, while new developments will belong to Parkway.

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