The framework agreement is valued at US$2.2 million with the first US$0.375 million order set for delivery in September 2016.
Zang Zhicheng, chairman of Kailong High Tech, said: “We have done extensive research worldwide and found that LiqTech can meet our high standard of quality and safety of delivery. We have chosen LiqTech as our long term business partner. This first order represents a test of the Chinese market but we are confident that together with LiqTech, we can expand the market in China.”
Aldo Petersen, chairman of LiqTech, said: “We are very proud that such a prestigious company as Kailong High Tech has chosen LiqTech as its strategic partner for silicon carbide DPF filters for the Chinese market. Our companies have worked diligently together in Wuxi, China and Ballerup, Denmark to establish the foundation for a long-term relationship.”
