LiqTech Wins Marine Scrubber Filtration Order
LiqTech International, a clean technology company that manufactures and markets highly specialized filtration technologies, announced the receipt of the Company's largest single order to date for its proprietary ceramic silicon carbide water filtration systems for marine scrubber applications.
The order was placed by one of the world's three largest shipping companies and follows the recent installation and system deployment by this same customer on the two largest container ships in the world.
The new orders are expected to be delivered starting in late 2019, with completion in 2020.
Sune Mathiesen, CEO of LiqTech International, said: "We are very pleased to have received this additional $8.4 million marine scrubber order from one of the world's largest and most successful shipping companies, as it reinforces LiqTech's position as a leading supplier of ceramic silicon carbide water filtration systems for marine scrubbers. This particular shipping customer has placed multiple orders over the last three years for LiqTech's proprietary water filtration systems and we are pleased to report that to date, we have received orders representing over 95% of their planned or completed scrubber installations."
Mathiesen added: "We continue to see strength in marine scrubbers as an effective compliance solution to IMO 2020 regulations, particularly from new Asian suppliers who have recently entered the market and are utilizing LiqTech systems as an effective solution for closed loop applications."