Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button


DHgate

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

Oxford Instruments and Dresden High Magnetic Field Laboratory collaborate to develop HTS magnet technology components for high field superconducting magnet systems June 29th, 2016

Texas A&M Chemist Says Trapped Electrons To Blame For Lack Of Battery Efficiency: Forget mousetraps ó todayís scientists will get the cheese if they manage to build a better battery June 28th, 2016

Building a smart cardiac patch: 'Bionic' cardiac patch could one day monitor and respond to cardiac problems June 28th, 2016

New, better way to build circuits for world's first useful quantum computers June 28th, 2016

Announcements

Oxford Instruments and Dresden High Magnetic Field Laboratory collaborate to develop HTS magnet technology components for high field superconducting magnet systems June 29th, 2016

Texas A&M Chemist Says Trapped Electrons To Blame For Lack Of Battery Efficiency: Forget mousetraps ó todayís scientists will get the cheese if they manage to build a better battery June 28th, 2016

Building a smart cardiac patch: 'Bionic' cardiac patch could one day monitor and respond to cardiac problems June 28th, 2016

New, better way to build circuits for world's first useful quantum computers June 28th, 2016

Energy

Yale researchersí technology turns wasted heat into power June 27th, 2016

Nanoscientists develop the 'ultimate discovery tool': Rapid discovery power is similar to what gene chips offer biology June 25th, 2016

Researchers discover new chemical sensing technique: Technique allows sharper detail -- and more information -- with near infrared light June 24th, 2016

FEI and University of Liverpool Announce QEMSCAN Research Initiative: University of Liverpool will utilize FEIís QEMSCAN technology to gain a better insight into oil and gas reserves & potentially change the approach to evaluating them June 22nd, 2016

Automotive/Transportation

Artificial synapse rivals biological ones in energy consumption June 21st, 2016

Marrying superconductors, lasers, and Bose-Einstein condensates: Chapman University Institute for Quantum Studies (IQS) member Yutaka Shikano, Ph.D., recently had research published in Scientific Reports June 20th, 2016

Stanford researchers find new ways to make clean hydrogen and rechargable zinc batteries June 18th, 2016

Ensuring the future affordability of wind turbines, computers and electric cars June 2nd, 2016

Alliances/Trade associations/Partnerships/Distributorships

FEI and University of Liverpool Announce QEMSCAN Research Initiative: University of Liverpool will utilize FEIís QEMSCAN technology to gain a better insight into oil and gas reserves & potentially change the approach to evaluating them June 22nd, 2016

French Research Team Helps Extend MRI Detection of Diseases & Lower Health-Care Costs: CEA, INSERM and G2ELab Brings Grenoble Regionís Expertise In Advanced Medicine & Magnetism Applications to H2020 IDentIFY Project June 21st, 2016

Research showing why hierarchy exists will aid the development of artificial intelligence June 13th, 2016

UK NANOSAFETY GROUP publishes 2nd Edition of guidance to support safe working with nanomaterials May 30th, 2016

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







Car Brands
Buy website traffic