Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > LiqTech International Inc. Enters Into Strategic Alliance With Scandinavian Brake Systems and Their Notox Division: Company Expands Production Capacity of Diesel Particulate Filters From 400,000 Liter to 1,400,000 Liter

Abstract:
LiqTech International, Inc. (OTCBB: LIQT) announced today that the Company has entered into an alliance with Scandinavian Brake Systems to utilize the production capacity of their division Notox.

LiqTech International Inc. Enters Into Strategic Alliance With Scandinavian Brake Systems and Their Notox Division: Company Expands Production Capacity of Diesel Particulate Filters From 400,000 Liter to 1,400,000 Liter

Gentofte, Denmark | Posted on November 23rd, 2011

LiqTech and Notox have been competitors in supplying the automotive market with Diesel Particulate Filters (DPF). The companies have now joined forces with a goal to penetrate new and larger markets. LiqTech will sell and market DPF in the global market and Scandinavian Brake Systems will produce DPF for LiqTech.

LiqTech CEO, Lasse Andreassen, stated, "For many years we have had the greatest respect for Scandinavian Brake Systems and their high quality production facilities. We have been fortunate to develop our business and establish a market position in North America, Asia and Europe in competition with Scandinavian Brake Systems and their division Notox. Now joining forces, LiqTech will increase production capacity by more than 200 percent, which will enable us to focus on the next stage of our strategic goal, the OEM market in the U.S., Asia and Europe."

CEO Hans Fuglgaard, Scandinavian Brake Systems, commented, "We have built a state of the art production facility for Notox, investing more than $50,000,000; with our agreement with LiqTech International, we can now start to utilize our facility's potential. Notox is very experienced in production, but has had difficulties with sales and marketing. We have admired the progress of LiqTech International and see the alliance as a perfect match when approaching the new market opportunities for DPF."

####

About LiqTech International, Inc.
LiqTech International, Inc., a Nevada corporation ("LiqTech"), is an award winning cleantech 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. It also manufactures kiln furniture. Using nanotechnology, LiqTech develops proprietary products using patented 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.

About Scandinavian Brake Systems:

Scandinavian Brake Systems A/S develops, manufactures and distributes brake and friction parts for cars and motorcycles, as well as energy and industrial plant such as wind turbines. We operate on the global market with our principal customers in Europe, North America and Asia, and the group's products are sold to the OE/OES market as well as the free aftermarket. We also own 100% of the shares in Notox A/S, a company that develops and manufactures diesel particulate filters for on-road and off-road diesel vehicles and other diesel powered applications. SBS was founded in 1964 and has been listed on Copenhagen Stock Exchange since 1989. For more information, please visit www.sbs.dk.

Forward-Looking Statements

This press release contains "forward-looking statements." Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.

For more information, please click here

Contacts:
DC Consulting, LLC
407-792-3332

Copyright © Marketwire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Scientists refine formula for nanotube types: Rice University theorists determine factors that give tubes their chiral angles September 17th, 2014

New non-invasive technique could revolutionize the imaging of metastatic cancer September 17th, 2014

Toward making lithium-sulfur batteries a commercial reality for a bigger energy punch September 17th, 2014

Recruiting bacteria to be technology innovation partners: September 17th, 2014

Announcements

New NPZ100-403 Piezo Stage from nPoint Inc. September 17th, 2014

Scientists refine formula for nanotube types: Rice University theorists determine factors that give tubes their chiral angles September 17th, 2014

New non-invasive technique could revolutionize the imaging of metastatic cancer September 17th, 2014

Toward making lithium-sulfur batteries a commercial reality for a bigger energy punch September 17th, 2014

Energy

Rice rolls 'neat' nanotube fibers: Rice University researchers' acid-free approach leads to strong conductive carbon threads September 15th, 2014

Simple, Cost-Effective Method Proposed for Synthesizing Zinc Oxide Nanopigments September 15th, 2014

UT Arlington research uses nanotechnology to help cool electrons with no external sources September 11th, 2014

Excitonic Dark States Shed Light on TMDC Atomic Layers: Berkeley Lab Discovery Holds Promise for Nanoelectronic and Photonic Applications September 11th, 2014

Automotive/Transportation

Next-Gen Luxury RV From Global Caravan Technologies Will Offer MagicView Roof and Windshield Using SPD-SmartGlass Technology From Research Frontiers: Recreational Vehicle Manufacturer Global Caravan Technologies (GCT) Features 28 Square Feet of MagicView™ SPD-SmartGlass September 17th, 2014

Toward making lithium-sulfur batteries a commercial reality for a bigger energy punch September 17th, 2014

Nanoribbon film keeps glass ice-free: Rice University lab refines deicing film that allows radio frequencies to pass September 16th, 2014

‘Small’ transformation yields big changes September 16th, 2014

Alliances/Partnerships/Distributorships

Toward making lithium-sulfur batteries a commercial reality for a bigger energy punch September 17th, 2014

NEI Corporation and PneumatiCoat Technologies Sign Agreement to Jointly Develop and Market New Materials for Lithium-ion Batteries September 12th, 2014

Handheld scanner could make brain tumor removal more complete, reducing recurrence September 3rd, 2014

Leading European communications companies and research organizations have launched an EU project developing the future 5th Generation cellular mobile networks August 28th, 2014

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More














ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE