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Damen Green Solutions and Bawat A/S have signed a joint venture agreement, named Bawat Damen, to develop and sell mobile Ballast Water Management Systems. Bawat will provide the technology and Damen will construct the systems.
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'.