Energy saving: Saving of ~335 units of electricity per one ton of yarn produced
Environmentally-friendly : No chemicals, no water andsteam required for production.
PolyU seeks to commercialise the Technology on its “as-is” state through a licensing arrangement with industrial users with the basic terms which are for discussion only and not an offer as follows:
Exclusivity: Non-exclusive
Duration of the license : 10 years
License fee:
- Lump sum payment and an annual maintenance fee:
1 Lump sum one-off non-refundable payment subject to the total number of spindles operating by the licensee; and
2 An annual maintenance fee equivalent to 10% of the lump sum payment during the term of the license
The Hong Kong Polytechnic University - PolyU
marketing@alchempro.com
