LiqTech International (NYSEMKT:LIQT) ("LiqTech") signed a 2 year framework agreement worth $450K with Grundfos Biobooster A/S for the delivery of Silicon Carbide ceramic discs.
"The rotating filtration technology offers great advantages over conventional technologies, and we are convinced that the combination of Grundfos´s unique rotating filtration technology and LiqTech´s durable and well proven Silicon Carbide technology will prove to be a success in several markets for water re-use," Mr. Mathiesen concluded.
LiqTech International (NYSEMKT:LIQT) received an order for silicon carbide diesel particulate filters from Kailong High Technology for $2.36M as part of the framework agreement made between the parties earlier this year.
This is the second order from Kailong and the company expects to commence initial deliveries in late 2016.
Aldo Petersen, Chairman of LiqTech stated: "We are very pleased to receive the second order from Kailong. We are impressed on how fast Kailong is ready to serve the Chinese market."