SANVO Signs Exclusive China Deal for Green Circle's Thermal Energy Products

MT Newswires Live

Sep 07

SANVO Fine Chemicals Group (HKG:0301) has been selected as the exclusive supplier and manufacturer of Green Circle's BocaPCM-TES panels in China, according to a Sept. 4 bourse filing.

BocaPCM-TES panels are crucial components of a thermal energy storage setup that improve efficiency and optimize heating, ventilation, air conditioning, and refrigeration systems.

The chemicals company said it will leverage its manufacturing capabilities to lower expenses and remove supply chain hurdles for Green Circle, allowing it to focus on product research and development.

The new partnership has a three-year term with an automatic three-year extension clause, unless canceled or amended.

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