LiqTech Receives Filtration System Order For Phosphoric Acid Purification Pilot Unit In China; No Financial Terms Disclosed
Portfolio Pulse from Happy Mohamed
LiqTech International, Inc. (NASDAQ:LIQT) has announced the receipt and delivery of a pilot unit order to supply its advanced filtration system for phosphoric acid purification in China to its distribution partner, Silicon Filter. The two companies entered into a distribution agreement in April 2023 to address the market opportunity in China. The pilot unit will help Silicon Filter demonstrate LiqTech's ultrafiltration technology to its customers.
August 07, 2023 | 1:12 pm
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LiqTech's delivery of the pilot unit order to Silicon Filter could potentially enhance its reputation and market presence in China. This could lead to increased demand for its products, potentially positively impacting its stock price.
The delivery of the pilot unit order to Silicon Filter is a significant step for LiqTech in expanding its market presence in China. If the pilot unit proves successful, it could lead to increased demand for LiqTech's products in the region, which could potentially drive up its stock price.
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