Tanke, Inc. (TNKE)

[twosecure]

‘TNKE’ announced signing a joint venture agreement with Gaiqi Textile & Printing Co., Ltd ("Gaiqi"), a leading China Textile Company, to commercialize Gaiqi's patented proprietary, cold-printing technology.

The joint venture furthers Tanke's commitment and involvement into the cleantech industry. The proprietary cold-printing technology aims to solve an imminent $25 billion problem in a $625 billion apparel manufacturing industry1. The technology, promises to eliminate the traditionally contamination-prone dyeing process, thus creating instant economic value from both a societal/environmental standpoint, as well as a net profit standpoint.

The global textile chemicals market expected to reach $25 billion by 2020, expanding at a CAGR of 3.7% from 2014 to 2020, according to the market report: Textile Chemicals Market -- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020. Furthermore, according to the World Bank 17 to 20 percent of industrial water pollution in China, comes from textile dyeing and treatment

http://finance.yahoo.com/news/tanke-inc-signs-commercialization-agreement-130000954.html