China In-Focus: Tri-Tech Inks Water Treatment Deal
October 18, 2010 (FinancialWire) (http://www.financialwire.net/) — Tri-Tech Holding, Inc. (NASDAQ: TRIT), a Chinese company that provides solutions for the water resources, water and wastewater treatment, industrial safety and the pollution control markets, said that it has entered into an international distribution, services and cooperation agreement with Hydration Technology Innovations, LLC.
Oregon-based HTI is a commercial manufacturer of forward osmosis membranes, modules and systems.
According to the agreement, which covers sales within the People's Republic of China, Tri-Tech will sell and integrate the HTI licensed technology such as forward osmosis modules into complete system packages with related ancillary services including engineering, management, construction, design and consulting. The agreement licenses the use of HTI technology in Tri-Tech products as well as the products of others. In addition, Tri-Tech is licensed to distribute HTI's Personal Hydration Products.
Tri-Tech and HTI are currently working together to prepare a proposal for a landfill leachate treatment project in North China.
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