OXIS Energy UK Ltd and Sanyo Trading Co., Ltd. Signs Trading Partnership Agreement
November 20, 2019 at 12:01 am EST
Share
OXIS Energy UK Ltd. and Sanyo Trading Company Ltd. have embarked on an ambitious plan to bring the latest in Lithium Sulfur (Li-S) cell and battery systems technology into Japan. They have signed a Trading Partnership Agreement, whereby both companies will collaborate. Sanyo Trading will represent OXIS Energy and will concentrate on markets like Aviation, Marine, Defence and Heavy Electric Vehicles (HEVs), such as trains, buses and trucks. OXIS will undertake the transfer of technology and skills, whereby Sanyo Trading will provide pre and post sales support to the Japanese market and where necessary, support the major Japanese corporations outside Japan. OXIS will cross licence its technology and allow Sanyo Trading to use OXIS IPR, the products and materials necessary to execute the services and obligations required to address targeted customers in Japan.
Sanyo Trading Co., Ltd. is engaged in the trading of rubber, chemicals, machinery equipment, scientific equipment and automobile parts. The Company operates in four segments. The Chemical segment offers synthetic rubber, auxiliary materials for rubber, natural rubber, medical-related materials, plasticizer, resin tube, reclaimed rubber, adhesives, synthetic resins, ink, industrial gases, pesticides, ceramics, various films, pigment, pharmaceutical intermediates, perfumes and surfactants, among others. The Machinery and Equipment segment offers environment-related equipment, test equipment, measuring equipment, industrial instrumentation, thermal processing equipment and others. The Overseas Subsidiary segment offers synthetic rubber, natural rubber, medical-related materials and various films, among others. The Domestic Subsidiary segment offers industrial drugs, oil drilling devices and others. The Domestic Subsidiary segment provides oil, natural gas and geothermal drilling products.