# Modern Water and Sunup form JV for brine concentration technology in China

Modern Water plc entered into a proposed joint venture with Hangzhou Shangtuo Environmental Technology Co. Ltd (Sunup) to form Encyclo Water Technology (Zhejiang) Co., Ltd, to promote Modern Water's brine concentration technology in China. Modern Water will hold 49% and Sunup 51%.

- Type: Partnership
- Announced: 2018-07-25
- Where: Zhejiang, China, China
- Value: $5.00M
- Status: announced
- Products: brine concentration technology
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Modern Water plc](https://endata.com/companies/23244.md) (partner)
- [Hangzhou Shangtuo Environmental Technology Co. Ltd](https://endata.com/companies/33327.md) (partner)

## Sources

- [wateronline.com](https://www.wateronline.com/doc/sunup-for-modern-water-in-china-with-new-jv-for-proprietary-brine-concentration-technology-0001), 2018-07-25: "Modern Water plc, owner of leading technologies for water and wastewater treatment and for the monitoring of water quality, has entered into a proposed joint venture (JV) with Chinese company Hangzhou Shangtuo Environmental Technology Co. Ltd, trading as Sunup."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.