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 Exclusive Agreement In China With Fan Run Si (Shanghai) Fluid Technology Co., Ltd.

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

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 $94.26 -0.77%
FB $100.97 1.40%
GOOG $684.03 0.87%
TSLA $145.73 -1.70%
YHOO $27.10 1.00%


Chart of I:DJI
DOW 15,914.74 -99.64 -0.62%
S&P 500 1,851.39 -0.82 -0.04%
NASDAQ 4,283.28 +14.5170 0.34%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs