Euro Tech Holdings Enters Joint Venture in Norway to Expand Ballast Water Treatment Solutions
Euro Tech Holdings Company Limited (Nasdaq: CLWT) has entered into a 50/50 joint venture with Norwegian company Sea Clean AS, forming CleanPACT Environmental and Marine Engineering AS. The new entity will serve as a Customer Experience Center for port ballast water treatment in Norway using Euro Tech's next-generation mobile hybrid system called PortoBallast. This collaboration combines the technological expertise of Euro Tech with Sea Clean’s local market knowledge to provide hands-on demonstrations, expert servicing, simulations, and tailored training. The joint venture aims to promote the PortoBallast across Scandinavia as a gateway into the broader European market. The system is designed for vessels whose existing ballast water treatment systems do not meet discharge compliance requirements. Sea Clean has already begun setting up the equipment at its port site in Torvastad, Norway. Euro Tech believes this partnership will establish a new sales platform to support global expansion of their solutions.
Topics: ballast_water_treatment international_expansion maritime