- EnWave (ENW) signs a technology and evaluation license option agreement with Goldencrops Corporation, a leading Southeast Asian ingredient company
- Goldencrops will rent a 10kW REV™ machine for intensive product development at its manufacturing facility in Douliu City
- Goldencrops will then purchase REV™ machinery to commence commercial production at its Yunlin Science and Technology Plant
- Goldencrops currently operates large-scale dehydration, milling and packaging facilities for its product portfolio
- The expansion of EnWave’s global REV™ technology footprint shows the value for food producers seeking to launch new and innovative premium ingredient
- EnWave Corporation (ENW) is up 2.63 per cent, trading at C$0.78 at 11:35 am ET
EnWave Corporation (ENW) has signed an agreement with Goldencrops Corporation to evaluate the commercial use of its Radiant Energy Vacuum dehydration technology.
This agreement is for the production of various fruit, dairy and grain products.
Goldencrops will rent a 10kW REV™ machine for intensive product development at its manufacturing facility in Douliu City – an industrial hub for food production in the region.
Goldencrops will purchase REV™ machinery to commence commercial production at its Yunlin Science and Technology Plant if commercially viable ingredients are developed under the agreement.
Goldencrops is looking to leverage EnWave’s proprietary REV™ dehydration technology to expand its dehydrated ingredient product offerings for domestic and international markets.
Goldencrops currently operates large-scale dehydration, milling and packaging facilities for its product portfolio, including a wide range of plant-based food and ingredient products, and REV™ technology will enhance its commercial ingredient processing capabilities.
The expansion of EnWave’s global REV™ technology footprint into Southeast Asia further proves the significant value proposition for food producers seeking to launch new and innovative premium ingredient and snack food applications.
EnWave has developed a comprehensive intellectual property portfolio with patents granted in numerous international markets and has licensed REV™ technology to more than fifty companies in 21 countries worldwide.
Goldencrops Corporation is a food manufacturer and exporter headquartered in Douliu City, Taiwan, specializing in snack, instant, grain, dairy and plant-based protein foods and ingredients.
Under the Goldencrops, Sungift and Supervite brands, the company has been enhancing Taiwan’s competitiveness in the global food industry for over 35 years.
Goldencrops has designed and developed customized formulas for years for numerous clients with well-known brands. Goldencrops offers the most wide-ranged cereal processing production in Taiwan with various quality certifications and professional automated production lines.
Goldencrops has established an excellent reputation in the food industry.
It has formed technology cooperation partnerships with numerous large local and international manufacturers and is focused on continuously improving its offering of high-value products.
Goldencrops exports include Japan, the United States, Mainland China, Australia, New Zealand, Hong Kong, Indonesia, Malaysia, and Vietnam.
EnWave is a global leader in the innovation and application of vacuum microwave dehydration.
From its headquarters in Vancouver, BC, EnWave has developed a robust intellectual property portfolio, perfected its Radiant Energy Vacuum (REV™) technology, and transformed an innovative idea into a proven, consistent, and scalable drying solution for the food, pharmaceutical and cannabis industries that vastly outperforms traditional drying methods in efficiency, capacity, product quality, and cost.
EnWave Corporation (ENW) is up 2.63 per cent, trading at C$0.78 at 11:35 am ET.
