BALLERUP, Denmark, July 9, 2014 /PRNewswire/ -- LiqTech International, Inc. (NYSE MKT: LIQT) ("LiqTech") is pleased to announce that the company received a $200,000 SiC membrane order from a European customer to be delivered this year. The membranes will be installed at a German power plant to remove heavy metals from a flue gas cleaning process. LiqTech and the end-user have developed a solution around the SiC membranes that reduces the environmental impact from coal and biomass fired power plants.
Mr. Finn Helmer, LiqTech CEO, remarked, "We have developed a solution that reduces the annual load of toxic heavy metals being discharged into our environment. The solution is a great example of the benefits of SiC membranes compared to conventional technologies and competitor membrane products due to SiC membranes unique capability combining high filtration efficiency with extremely robust properties. Besides providing a cleaner environment, the solution represents a very clear business case with significant operating savings due reduced annual discharge costs. We believe this solution will reduce the overall environmental impact from coal fired power plants and we are currently targeting the most immediate markets. We expect to see more orders this year from this application."
" Germany is a leading country in renewable energy and emission controls. Current national regulation related to the discharge of power plant scrubber wastewater stipulates that operators have to apply the best available technology to reduce environmental impact as much as possible. We believe this regulation will be the start of a European initiative to reduce discharge of toxic heavy metals from power plants," Mr. Helmer concluded.
ABOUT LIQTECH INTERNATIONAL, INC.LiqTech International, Inc., a Nevada corporation, is a clean technology company that for more than a decade has developed and provided state-of-the-art technologies for gas and liquid purification using ceramic silicon carbide filters, particularly highly specialized filters for the control of soot exhaust particles from diesel engines and for liquid filtration. Using nanotechnology, LiqTech develops products using proprietary silicon carbide technology. LiqTech's products are based on unique silicon carbide membranes which facilitate new applications and improve existing technologies. For more information, please visit www.liqtech.com. Forward-Looking Statements
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts