09
Feb
12:29
Molong expands cooperation with HBIS on HIsmelt technology
Shandong-based petroleum machinery maker Molong Group has deepened its cooperation on HIsmelt technology with HBIS Group by supplying technology to HBIS Group's Xinggang subsidiary.
The Shandong company announced this week that it will allow HBIS Xinggang Technology Company to acquire HIsmelt patented technology at a price of CNY 18.5 million ($2.73m), Kallanish notes. The license period is from the date of signing the contract to the expiration of the pa…
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