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Green Circle Partners with SANVO for Thermal Panel Production in China

The Cayman Islands‑based Green Circle Decarbonize Technology Limited has entered a strategic partnership with Hong Kong‑listed SANVO Fine Chemicals Group to manufacture BocaPCM‑TES thermal energy storage panels in China, with SANVO acting as exclusive producer for an initial three‑year term.

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Sophie Laurent · FX & Rates Desk · 14 Sept 2026 · 01:51 · 1 min read
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Green Circle Partners with SANVO for Thermal Panel Production in China

On September 8, 2026 at 10:20 AM, Green Circle Decarbonize Technology Limited (NYSE: GCDT), a Cayman Islands holding company operating through its Hong Kong subsidiary Boca International Limited, announced a strategic partnership with SANVO Fine Chemicals Group Limited (ticker 0301) for the manufacturing of BocaPCM‑TES thermal energy storage panels in China.

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Under the agreement, SANVO is appointed as the sole supplier and exclusive manufacturer responsible for mass production of the panels, while Green Circle will use SANVO’s existing facilities and concentrate on research and development, product design and global market expansion. The partnership has an initial term of three years, with automatic three‑year extensions unless either party provides prior written notice of termination, and formal agreements will be executed to detail operational roles and production terms.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Sophie Laurent
FX & Rates Desk

Sophie covers currency markets and central bank policy across Europe, with a focus on how rate decisions ripple through FX pairs. She has been tracking the ECB's policy path since the start of the current easing cycle.

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