LiqTech International, Inc. ("LiqTech") is pleased to announce that the company received a $275,000 order from a Middle East customer to be delivered this year. The end-user placed the order to confirm the benefits of the LiqTech SiC membrane technology for various upstream produced water applications.
Mr. Finn Helmer, LiqTech CEO, remarked, "LiqTech is actively pursuing opportunities in the field of Produced Water treatment within the Oil & Gas industry. We are currently engaged with many Oil & Gas projects primarily in Europe, the Americas and China – and this order adds to our presence in the Middle East.
The end-user placed the purchase order for one of our pilot systems installed with LiqTech SiC membrane technology in order to test the use of our SiC membranes for various produced water applications. We believe this first order can lead to follow-on sales in 2015.
The general trend we see worldwide is an increasing demand for higher quality re-injection water. We also see tightening discharge legislations, increasing water cuts (more water produced per barrel of oil) and, in addition to that, the introduction of Enhanced Oil Recovery (EOR) techniques. The tightening of produced water specifications is a problem for conventional technologies, however, LiqTech SiC membranes have shown to be able to solve these challenges," Mr. Helmer concluded.
LiqTech is currently working with more than 50 oil companies, operators and system integrators in Europe, Americas, Middle East, Southeast Asia and China on SiC membrane projects in various phases from initial evaluation to commissioning.
ABOUT LIQTECH INTERNATIONAL, INC. – (LIQT)
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.
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