This Day On The Street
Continue to site right-arrow
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 Exclusive Agreement In China With Fan Run Si (Shanghai) Fluid Technology Co., Ltd.

Stocks in this article: LIQT

BALLERUP, Denmark, May 13, 2013 /PRNewswire/ --  LiqTech International, Inc. (OTCQX: LIQT) ("LiqTech"), a clean technology company that manufactures and markets advanced filtration technologies, today announced that it has signed an exclusive agreement to supply SiC membranes for Fan Run Si ( Shanghai) Fluid Technology Co., Ltd. ("Fanrunsi"). Under the agreement, Fanrunsi will have exclusivity in China as a buyer of LiqTech's products for soy bean protein recovery (bio tech) and soy bean waste water treatment.

During the exclusive three-year period, Fanrunsi will commit to a minimum purchase order value totaling more than $6 million to maintain their exclusivity for the period. In addition, Fanrunsi has placed a second order of $190,000.

Mr. David Li, Managing Director of Fanrunsi remarked, "We were very pleased with the performance of LiqTech SiC membranes, as they enable Fanrunsi to offer a superior solution to our customers. Some of the operational benefits are reduced total lifecycle cost and reduced downtime, i.e. higher yields. By signing this agreement, LiqTech and Fanrunsi have aligned their objectives for future cooperation."

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

Mr. Finn Helmer, LiqTech CEO, added, "This agreement and second order is a fast follow up on significant sales to Fanrunsi earlier this year (Announcement made February 19, 2013). Fanrunsi has successfully integrated the LiqTech SiC membranes in its membrane system portfolio for the market of soy bean protein recovery, and we are very pleased about the short time to market Fanrunsi has demonstrated. On behalf of LiqTech; I am pleased to enter this agreement with Fanrunsi, which marks the commitment by both companies."


1 of 2

Select the service that is right for you!

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!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • 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