Clean TeQ and Hoyo have also reached in-principle agreement on the terms that the JV company will build, own and operate a Clean TeQ Continuous Ionic Filtration (CIF) water treatment plant at an existing wastewater treatment facility owned and operated by Qixian Hoyo Waste Water Treatment Co Ltd in Shanxi Province.
Hoyo and Qixian are both members of the Nanjing Hoyo Municipal Utilities Investment Administration Group, a diversified private Chinese conglomerate which is active in a range of industries including pipeline construction, operation of urban sewage and waste water treatment plants, construction, aviation and manufacturing of agricultural machinery.
