Parkway Enters Strategic Collaboration with Hitachi

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Stock Parkway Corporate Ltd (PWN.ASX)
Release Time 19 May 2026, 8:14 a.m.
Price Sensitive Yes
 Parkway Enters Strategic Collaboration with Hitachi
Key Points
  • Strategic collaboration to develop ultra-high brine concentration systems.
  • Focus on developing standardized modular systems for efficient deployment.
  • Plan to deploy systems at QBMC and key markets.
  • Potential to expand collaboration in industrial water treatment.
Full Summary

Parkway Corporate Ltd has announced a strategic collaboration with Hitachi to develop state-of-the-art ultra-high brine concentration systems, focusing on standardized modular systems for efficient deployment. The collaboration aims to address the complexity, energy intensity, and cost associated with brine concentration in industrial settings. The collaboration will initially focus on developing a modular product range, with potential for customized systems for larger projects. The systems will be deployed at Parkway's flagship QBMC project and key markets, with the possibility of expanding into additional collaborative opportunities in the industrial water treatment sector.

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