Source: EnWave Corporation
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  • EnWave Corporation (ENW) has signed a technology evaluation, and licence option agreement with New Plymouth Food
  • Bounty will lease a 10kW Radiant Energy Vacuum (REV) dehydration machine for placement at their main processing facility in the Philippines
  • The 10kW machine will be utilized for the development of meat, cheese, and other nutritious snacks for the Philippine market and beyond
  • Bounty Fresh Group is a large-scale industrial agriculture company
  • EnWave is a global leader in the innovation and application of vacuum microwave dehydration
  • EnWave Corporation opened trading at $0.61

EnWave Corporation (ENW) has signed a technology evaluation and licence option agreement with New Plymouth Food.

New Plymouth Food Inc. is a part of Bounty Fresh Group and a leading producer of protein products in Southeast Asia.

According to the agreement, Bounty will lease a 10kW Radiant Energy Vacuum (REV) dehydration machine for placement at their main processing facility in the Philippines.

The 10kW machine will be utilized for the development of meat, cheese, and other nutritious snacks for the Philippine market and beyond.

Bounty intends to take advantage of Southeast Asia’s growing snack sector by introducing healthier, better-for-you options and localized flavours and ingredients, which are gaining more momentum over traditional deep-fried and extruded snacks.

Bounty Fresh Group is a large-scale industrial agriculture company founded by the Cheng family in 1986. It began as a table egg producer and is now the second-largest poultry integrator and the leading table eggs producer in the Philippines.

EnWave is a global leader in the innovation and application of vacuum microwave dehydration.

EnWave Corporation opened trading at $0.61.

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