BALLERUP, Denmark, July 25,
2024 /PRNewswire/ -- LiqTech International,
Inc. (NASDAQ: LIQT), a high-tech filtration company that
manufactures and markets highly specialized filtration products and
systems for marine, and Danbee Marine, a South Korean-based
maritime representative to the shipping industry, entered into a
partnership agreement with Danbee to market LiqTech's marine
scrubber water treatment solutions within South Korea, the second largest ship building
market in the world after China.
Established in 2009, Danbee Marine, has been focused on
delivering fuel treatment chemicals to reduce fuel consumption and
emissions within the Korean maritime market. Danbee Marine has a
strong presence and foothold with major ship owners and shipyards
with a deep insight into marine engineering and equipment. The
addition of LiqTech's compact and efficient marine scrubber water
treatment system offering is a synergistic extension of their
existing product offerings.
LiqTech's marine scrubber water treatment system for both
closed-loop and hybrid scrubbers outperforms discharge limits
regulated by the IMO Marpol VI. LiqTech's solutions remove unburned
fuel oil, soot particles, ash, and heavy metals from marine
scrubber wastewater and take an active role in reducing world
pollution. Since LiqTech's first marine installations in 2017, the
Company has successfully installed retrofit and new-build marine
scrubber water treatment systems on more than 170 large commercial
ships for many of the world's largest global ship owners.
Furthermore, ship owners have gained tremendous fuel savings
leveraging LiqTech's water treatment units, providing for enhanced
ROI.
"We are excited to expand our presence in the Korean ship
building market through this partnership agreement with Danbee
Marine who has strong network in the South Korea marine market," commented
Fei Chen, CEO of LiqTech
International. "As the second largest ship building market in the
world, we have had a presence with a small number of key customers,
including Hyundai Merchant Marine over the years, but have lacked
the large-scale presence across a wide variety of ship builders
that Danbee can provide. I look forward to working with the capable
team at Danbee to deliver our advanced and proven marine scrubber
water treatment solutions to help ship owners and ship builders in
South Korea fulfil regulatory
requirements."
About LiqTech International, Inc.
LiqTech
International, Inc., a Nevada corporation, is a high-tech filtration
technology company that provides state-of-the-art ceramic silicon
carbide filtration technologies for gas and liquid
purification. LiqTech's silicon carbide membranes are
designed to be used in the most challenging purification
applications, and its silicon carbide filters are used to control
diesel exhaust soot emissions. Using nanotechnology, LiqTech
develops products using its proprietary silicon carbide
technology, resulting in a wide range of component membranes,
membrane systems, and filters for both microfiltration
and ultrafiltration applications. By incorporating
LiqTech's SiC liquid membrane technology with the
Company´s extensive systems design experience and
capabilities, LiqTech offers unique, turnkey solutions
for the most difficult water purification applications.
For more information, please visit:
www.liqtech.com
Follow LiqTech on Linkedln:
http://www.linkedin.com/company/liqtech-international
Follow LiqTech on Twitter: https://twitter.com/LiqTech
LiqTech Forward-Looking Statements
This press
release contains "forward-looking statements." Although the
forward-looking statements in this release reflect the good faith
judgment of management, forward-looking statements are inherently
subject to known and unknown risks and uncertainties that may cause
actual results to be materially different from those discussed in
these forward-looking statements. Readers are urged to carefully
review and consider the various disclosures made by us in the
reports filed with the Securities and Exchange Commission,
including the risk factors that attempt to advise interested
parties of the risks that may affect our business, financial
condition, results of operation, and cash flows. If one or more of
these risks or uncertainties materialize, or if the underlying
assumptions prove incorrect, our actual results may vary materially
from those expected or projected. Readers are urged not to place
undue reliance on these forward-looking statements, which speak
only as of the date of this release. We assume no obligation to
update any forward-looking statements in order to reflect any event
or circumstance that may arise after the date of this
release.
LiqTech Company Contact
Phillip Massie Price, Interim Chief Financial
Officer
LiqTech International,
Inc.
Phone: +45
31313993
pmp@liqtech.com
LiqTech Investor Contact
Robert Blum
Lytham
Partners, LLC
Phone:
602-889-9700
liqt@lythampartners.com
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SOURCE LiqTech International, Inc.