LiqTech Announces New Order for Marine Scrubber Market
BALLERUP, Denmark, June 1, 2022 /PRNewswire/ -- LiqTech International, Inc. (NASDAQ: LIQT), a clean technology company that manufactures and markets highly specialized filtration products and systems, today announced a new order for the marine scrubber market, leveraging the Company's proprietary water filtration system technology.
- BALLERUP, Denmark, June 1, 2022 /PRNewswire/ -- LiqTech International, Inc. (NASDAQ: LIQT), a clean technology company that manufactures and markets highly specialized filtration products and systems, today announced a new order for the marine scrubber market, leveraging the Company's proprietary water filtration system technology.
- The order, which covers two separate marine vessels, is expected to be delivered before the end of 2022.
- Alex Buehler, Interim CEO of LiqTech, stated, "We are very pleased to have received this new order, and while it is not material from a revenue perspective, it does represent proof of life in a strategic market after a prolonged malaise.
- We are now observing a notable increase in quotation activity for marine scrubber systems, which we believe is reflective of a recovering market and normalizing supply chain.