Brief: SaltX Technology Enters Agreement With Shuangliang

SaltX Technology Holding AB (publ)

24/10/2019 07:21

Oct 24 (Reuters) - SaltX Technology Holding AB  SALTb.ST :
    * SALTX PILOT WILL BE BUILT AND FINANCED BY NEW CHINESE
PARTNER
    * ENTERS AN AGREEMENT WITH SHUANGLIANG BOILER CO., LTD
(SHUANGLIANG)
    * CHINESE PARTNER WILL BUILD AND FINANCE A PILOT PLANT TO
COMMERCIALIZE SALTX ENERGY STORAGE TECHNOLOGY ON CHINESE MARKET
    * SHUANGLIANG WILL FULLY FINANCE PROJECT
    * FIRST AGREEMENT IS SIGNED, AND A LONG-TERM STRATEGIC
PARTNERSHIP
IS UNDER DISCUSSION AND WILL BE DECIDED UP ON IN PARALLEL WITH
COMMISSIONING OF PILOT

Source text for Eikon:  ID:nWkr6mbR8Q 
Further company coverage:  SALTb.ST 

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