This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

LiqTech International, Inc. Announces A Breakthrough By Achieving Liquid Sterilization Using A LiqTech Filter

Stocks in this article: LIQT

Mr. Lasse Andreassen, LiqTech CEO, explains the innovative potential for near and long-term opportunities: "It is now a reality that end-users can achieve sterile filtration of liquids at the lowest operating costs with LiqTech ultra-filtration membranes. Companies world-wide are constantly searching for the cheapest and most effective way to produce quality drinking water, and we believe that the SiC membranes will hold an important position in the industry, ranging from compact water production units to mega plants serving the municipalities. The unmatched performance in terms of water flux through the membrane and material longevity, durability, and reduced installation footprint robustness will serve to reduce energy consumption and operating expenditures, since less energy will be required to drive the treated water through the membrane, and the life of the SiC membranes exceeds the existing standards. Besides drinking water, we see a huge potential in biotech and food & beverage applications, e.g. fermentation broth and beverage clarification processes."

The estimated combined market size for the above industries is several billion dollars.

Improved benefits for existing markets:With the achieved status for sterile filtration, the benefits associated with the LiqTech SiC membranes for one of the primary applications – Produced Water treatment – is complemented with the capability to reduce formation of H 2S (gas) in reservoirs. Removing bacteria from treated produced water before re-injecting into the reservoirs will reduce the typical formation of H 2S and thereby souring, which can lead to corrosion of piping and drilling equipment. Corrosion is a big concern, and the cost associated with processing chemicals required to avoid corrosion in this industry is very significant.

Efficient and reliable bacteria removal is a must for most sites reusing flow back water from shale gas production.

The capability to reject bacteria and avoid formation of H 2S, adds to the existing list of benefits using LiqTech SiC membranes for the produced water treatment for the purpose of re-injecting the treated water into the reservoirs. The SiC membranes deliver consistent high-quality injection water - oil typically less than 1-5 ppm and solids less than 1 ppm – at the highest production rate for any membrane material while accepting fluctuations in feed water composition (upsets). Produced water of this quality can be re-injected to low permeable reservoirs without the need to increase well pressure and thus increasing well life time and production. This is a valuable feature where disposal wells are not accessible, as is the case with many sites utilizing fracking. 

Mr. Andreassen remarked, "We are very excited to be in the technological forefront in the ultra filtration industry with this new breakthrough. While we believe that the markets for this solution are very large, we also believe that it will take some time for customers to test and adopt this new, disruptive technology. We plan on working with potential customers and market partners in the coming quarters to facilitate efficient adoption of the new Liqtech sterile membranes."

2 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,085.72 +55.51 0.31%
S&P 500 2,092.26 +10.38 0.50%
NASDAQ 4,813.8810 +40.4090 0.85%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs