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Bawat Water Technologies and Damen Green Solutions have signed a Term Sheet to establish a joint venture merging Damen's InvaSave program with Bawat's pasteurization technology for mobile ballast water management systems, to be marketed as 'InvaSave powered by Bawat Technology'.
“Bawat Water Technologies and Damen Green Solutions intensify their collaboration in the field of ballast water treatment systems with the signing of a Term Sheet to establish a joint venture by merging Damens InvaSave program with Bawat technology.”news.cision.com
Summarized from public sources; check the original articles before acting on it.