BALLERUP, Denmark, Sept. 21,
2023 /PRNewswire/ -- LiqTech International,
Inc. (NASDAQ: LIQT), a clean technology company that
manufactures and markets highly specialized filtration products and
systems, today announced the receipt of an order for two marine
scrubber water treatment system sales in China. These projects
will deploy an upgraded, modular designed marine scrubber water
treatment system, based on LiqTech's proprietary silicon carbide
(SiC) membrane technology. The order was received through LiqTech's
recently enhanced distribution relationship with Joyo in
China.
Fei Chen, CEO of LiqTech,
commented, "We are very pleased to see early signs of
revitalization in the marine scrubber market through the receipt of
this new order in collaboration with our partners at Joyo. Our
dialog with customers and partners has confirmed that LiqTech's
modular designed marine scrubber water treatment system is highly
reliable and delivers strong returns on their investments.
Furthermore, our new generation design reduces OPEX for owners
significantly, by largely reducing day to day operational and
maintenance costs.
"LiqTech has more than 160 installations in the marine scrubber
market, which occurred primarily between 2018 and 2020. This new
order not only demonstrates the continuous confidence from the
market and customers in LiqTech's solutions, but also validates our
enhanced commercial strategy, implemented in late 2022, which
focuses on driving revenue in established business verticals where
LiqTech has proven technical capabilities and installations. We are
pleased with the traction we are achieving on our enhanced strategy
and look forward to further traction throughout the remainder of
2023," Chen concluded.
ABOUT LIQTECH INTERNATIONAL, INC.
LiqTech International, Inc., a Nevada corporation, is a clean technology
company that provides state-of-the-art ceramic silicon carbide
filtration technologies for gas and liquid purification. LiqTech's
silicon carbide membranes are designed to be used in the most
challenging purification applications, and its silicon carbide
filters are used to control diesel exhaust soot emissions. Using
nanotechnology, LiqTech develops products using its proprietary
silicon carbide technology, resulting in a wide range of component
membranes, membrane systems, and filters for both microfiltration
and ultrafiltration applications. By incorporating LiqTech's SiC
liquid membrane technology with the Company's extensive systems
design experience and capabilities, LiqTech offers unique, turnkey
solutions for the most difficult water purification
applications.
For more information, please visit: www.liqtech.com
Follow LiqTech on Linkedln:
http://www.linkedin.com/company/liqtech-international
Follow LiqTech on Twitter: https://twitter.com/LiqTech
Forward-Looking Statements
This press release
contains "forward-looking statements." Although the forward-looking
statements in this release reflect the good faith judgment of
management, forward-looking statements are inherently subject to
known and unknown risks and uncertainties that may cause actual
results to be materially different from those discussed in these
forward-looking statements. Readers are urged to carefully review
and consider the various disclosures made by us in the reports
filed with the Securities and Exchange Commission, including the
risk factors that attempt to advise interested parties of the risks
that may affect our business, financial condition, results of
operation, and cash flows. If one or more of these risks or
uncertainties materialize, or if the underlying assumptions prove
incorrect, our actual results may vary materially from those
expected or projected. Readers are urged not to place undue
reliance on these forward-looking statements, which speak only as
of the date of this release. We assume no obligation to update any
forward-looking statements in order to reflect any event or
circumstance that may arise after the date of this release.
Company
Contact:
|
Investor
Contact:
|
Simon Stadil, Chief
Financial Officer
|
Robert Blum
|
LiqTech
International
|
Lytham Partners,
LLC
|
Phone: +45 3140
9128
|
Phone: (602)
889-9700
|
sst@liqtech.com
|
liqt@lythampartners.com
|
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SOURCE LiqTech International, Inc.