We have entered into collaboration and license agreements with
3 companies in relation to our ash handling operations. Set forth is a brief description of our collaborations in the ash handling businesses.
Tecpros collaboration with world renowned companies provides our clients access to state of the art design and manufacturing technology for systems and equipment.
Collaborator
Description
GEA EGI Contracting/Engineering
Company Limited
Promotion of high concentration slurry disposal system
Xiamen Longking Bulk Materials
Science and Engineering Company Limited^^
Dense Phase Pneumatic
Systems for Fly Ash and allied materials
^^The parties had agreed that the MoU would terminate upon the execution of a detailed collaboration agreement or 12 months from the date of the MoU, whichever is earlier. Though a detailed agreement has not been entered into between the parties yet, Xiamen is still supplying equipments to our Company. The Company is currently in the process of the extending the term of the
MoU.
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