This Day On The Street
Continue to site
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

LiqTech International, Inc. Announces A Commercial Achievement In China

BALLERUP, Denmark, Feb. 19, 2013 /PRNewswire/ -- LiqTech International, Inc. (OTCQX: LIQT) ("LiqTech") is pleased to announce that LiqTech SiC membranes are currently being used in the recovery of protein in a foodstuff application in China. FANRUNSI ( Shanghai) Fluid Technology Co. Ltd., a Chinese engineering firm located in Shanghai, has installed 240 m2 of LiqTech SiC membranes at a Chinese customer location.  The end-user is considering a further expansion of additional SiC membranes worth more than $1 million in 2013.

Mr. David Li, Managing Director of FANRUNSI remarked, "LiqTech SiC membranes are able to display outstanding operational cost savings to our customer compared to the existing membrane technologies. We believe that with initial success here, SiC application in the protein recovery industry could see a tipping point."

FANRUNSI ( Shanghai) Fluid Technology Co., Ltd. is a professional company engaged in membrane filtration equipment and fluid engineering design and installation.

Mr. Lasse Andreassen, LiqTech CEO, remarked, "The LiqTech membranes have successfully demonstrated superior cost/performance for protein recovery, and we are very satisfied with the cooperation and work of Fanrunsi. We see a large potential in the Chinese market for the LiqTech SiC membranes, and this project demonstrates that potential in China can be realized fairly quickly by using our dedicated engineering resources to support our Chinese customers within the Energy, Wastewater and Food industries. The Fanrunsi order is the second order LiqTech has received in the last two months in China, and shows the strong contribution from our  recently opened office in Singapore. We believe that having local sales and support resources is important to our overall strategy and success."

The recovery of proteins is another existing market in the food industry where LiqTech SiC membranes can make a significant difference for the end-user. Using LiqTech SiC membranes in the process will save our customers both operating and capital expenses. In addition, in some cases the recovered proteins are of a higher quality that can be used in the pharmaceutical industry, increasing the sale price of the proteins for the end-user. LiqTech now has several reference customers for protein recovery in a market of substantial size.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.21 -0.44%
FB $117.80 -0.22%
GOOG $701.26 0.80%
TSLA $211.34 -5.00%
YHOO $36.94 2.61%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs