BALLERUP, Denmark and HOUSTON and ATHENS, Greece , May 14, 2024
/PRNewswire/ -- LiqTech International, Inc. (NASDAQ: LIQT),
a clean technology company that manufactures and markets highly
specialized filtration products and systems for marine, and
Franman, a well-established maritime representative to the
shipping industry, entered into a partnership agreement for Franman
to market LiqTech's marine scrubber water treatment solutions
within Greece, the largest ship
owning market in the world.
Established in 1991, Franman provides a wide range of equipment,
parts, products and services to the shipping industry. The company
has in-depth knowledge, and well-established relationships, within
Greek and International shipping. From the beginning, the company
followed the model of a one-stop-shop philosophy. This has fueled
its drive to expand its partnerships and hence its offerings to
ship owners. During the past 33 years, Franman has equipped more
than 4,500 new ship builds. Today, the company connects more than
700 shipping companies with more than 180 suppliers of equipment
and services.
LiqTech has developed a compact and efficient marine scrubber
water treatment system for both closed-loop and hybrid scrubbers
that 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.
Fei Chen, CEO of LiqTech
International, commented, "We strongly believe that LiqTech and
Franman are two complementary partners for the marine scrubber
market in Greece. Franman has
close customer relationships with major shipping companies in
Greece and have deep technical
insight to ensure effective customer collaboration for design and
installation of new water treatment systems. With the combination
of LiqTech's unique silicon carbide ceramic filtration technology
and years of successful commercial demonstration in the marine
industry, we look forward to the impact our two companies can have
working together effectively to reduce environmental impact
from shipping."
About LiqTech International, Inc.
LiqTech
International, Inc., a Nevada
corporation, is a clean 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.