- Strategic co-development partnership executed with China’s Bosiwei
- Collaboration on sub-3-tonne Mechanical Vapor Recompression (MVR) systems
- Targeting energy-saving MVR system retrofit for Hebei Yufeng Industrial Group
- Sprintex will supply its high-efficiency 30kW MVR compressor technology
Sprintex (ASX:SIX) has entered into a co-development agreement with China-based industrial equipment specialist Jiangsu Bosiwei Chemical Equipment Engineering to co-develop sub-3-tonne Mechanical Vapor Recompression (MVR) systems for industrial applications in China.
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Sprintex specialises in the engineering, research, product development and manufacturing of ultra high-speed electric motors and clean air compressors.
Bosiwei is an established Chinese engineering and technology enterprise specialising in the design, engineering, and manufacturing of advanced process equipment, heat exchange systems, drying technology, crystallisation machinery, and evaporation equipment.
Under the terms of the agreement, Sprintex will manufacture and supply compressors based on its current high-efficiency MVR compressors, providing its 30kW high-efficiency MVR compressor as the core technology component for Bosiwei’s sub-3-tonne MVR industrial systems. Bosiwei will lead overall system integration, design, piping, PLC software configuration, and final site deployment.
The agreement expands the application of Sprintex’s MVR compressor platform into industrial evaporation in China and is consistent with the company’s broader strategy of working with established local partners to validate its technology and convert successful deployments into recurring product supply.
MD and CEO, Jay Upton, said China’s sub-3-tonne MVR market represents a rapidly expanding segment driven by stringent national environmental policies, mandatory Zero Liquid Discharge (ZLD) requirements, and industrial decarbonisation targets.
“This co-development agreement expands the application of Sprintex’s MVR compressor technology into a significant industrial market in China, combining our high-efficiency compressor platform with Bosiwei system-integration capability and local customer relationships,” Mr Upton said.
“The proposed Yufeng project provides a clearly defined validation opportunity, targeting the replacement of legacy 110kW Roots blowers with our 30kW high-efficiency MVR compressor in a large-scale operating environment. Successful testing would provide an important reference installation for Bosiwei’s broader MVR pipeline and, subject to project acceptance and execution of the long-term Supply Agreement, a pathway to recurring compressor supply.
“This model also allows Sprintex to focus on supplying its core compressor technology, while leveraging Bosiwei’s established engineering, system integration and customer-facing capabilities to support broader deployment across the Chinese market.
“This is consistent with our broader commercial strategy of working with established partners to validate Sprintex technology in demanding industrial applications and convert successful deployments into repeat product orders across multiple markets.”
SIX is steady at 6.7¢ with a Mkt cap of $47.04M.
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