Cleantech says investment will lead to “next-gen - sportstextiles: Lea SportsTextiles

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Cleantech says investment will lead to “next-generation” dyeing technology

21/06/2016
Chinese textile dyeing and finishing technology provider Cleantech Solutions has announced that one of its subsidiary companies, Huayang Dyeing, is to acquire new patented technology from an education institution, Chengdu Textile College.

Huayang Dyeing will make a one-off payment of $2.5 million to Chengdu Textile College for new “ozone-ultrasonic textile dyeing equipment”. The technology is patented and will be under patent for the next ten years.

“We are focused on reinvigorating our dyeing equipment business and investing in research and development to improve our competitive position,” said Cleantech chief executive, Jianhua Wu. “We believe this new technology will allow us to develop next-generation dyeing and finishing equipment that will appeal to textile manufacturers.”


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