China/Singapore Water Technology Joint Venture

NTU of Singapore is commercialising its water membrane technology in China via a spinoff called NanoSun, following a S$4.3 million joint venture between NTU spin-off venture NanoSun and the China Commerce Group for International Economic Cooperation (CCIEC)

Co-founded by Associate ProfessorDarren Sunfrom NTU Singapore's School of Civil and Environmental Engineering and Adjunct ProfessorWong Ann Chaifrom NTU Singapore's Nanyang Business School, NanoSunis actively developing technological applications centred on multi-function membranes manufactured by 3D printing. Itsvaluation in September 2014was US$80 million.

Launched in May 2013, NanoSun isnurtured and supported by NTUitive, a wholly-owned subsidiary of NTU, which supports startup ventures by faculty and students. It assists them by providing mentorship, advice and funding access.

To date, NanoSun had signed deals with PT Pelaksana Jaya Mulia, of Indonesia to provide 10,000 cubic metres of clean water per day. In China, NanoSun has also worked with a Guangzhou industrial paper mill to optimise wastewater treatment processes.

The joint venture involves NanoSun deploying its membrane technology to treat industrial wastewater in theQingdao National High-Tech Industrial Development Zone. This is a 20 square kilometre industrial zone in Shandong and is expected to act as a springboard to China's industrial wastewater treatment market.

Source: DealStreetAsia

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• Treatment
• Technology
• Membranes