Dec 24 2012
LiqTech International, Inc. ("LiqTech") announced today that it has entered into an OEM supply agreement for LiqTech's SiC membrane technology with Shanghai Denovo Environment Protection Co., Ltd. China. The OEM agreement includes progressive minimum order quantities for the years 2013-2016 for Denovo to maintain the supply agreement.
Denovo is one of the leading industrial waste water firms in China. The Chinese market, being one of the fastest growing markets for industrial wastewater treatment, has been earmarked as the focus region for Denovo. With increasing stringent discharge limits within the Chinese environmental legislation for water treatment, Denovo will be able to provide solutions to the industrial sectors using its advanced biological treatment systems and LiqTech's advanced SiC membrane technology.
Dr Chen Yegang , Chairman of Denovo, explains, "Through our comprehensive experience and partnership with LiqTech, I believe the collaboration will expand the boundaries in the water treatment industry. We have near-term projects at hand where we will utilize the SiC membrane as a key process component. The LiqTech membrane technology is superior in its field, and will add value for our customers."
CEO of LiqTech International, Mr. Lasse Andreassen , commented, "Denovo is a leading Chinese EPC contractor of wastewater treatment plants, and the company has shown remarkable growth in a strategic market to LiqTech. This agreement with Denovo is a milestone for LiqTech in our efforts to penetrate the Chinese market for water treatment with our SiC membranes."
Denovo and LiqTech have already encountered a strong market demand for water treatment technologies requiring high performance membranes to reduce costs and operate under harsh conditions, which are some of the trademarks of SiC membranes.
Source: http://www.liqtech.com