Lifequest Subsidiary Receives an Order for 200,000 Liters Per Day Biopipe Sludge-Free Sewage Wastewater Treatment Plant
RIDGEFIELD PARK, NEW JERSEY, November 1, 2023. - (NewMediaWire) - November 01, 2023 - LIFEQUEST WORLD CORP (OTCMARKETS: LQWC) is focused on the circular economy of water. We offer innovative, decentralized, and scalable wastewater treatment and reuse technologies to municipalities, institutions and industrial customers. Through its wholly owned subsidiary, Biopipe Global, the Company is engaged in industrial (ETP) and sewage wastewater treatment (STP) markets.
Enes Kutluca, the CEO of Lifequest subsidiary, Biopipe Global, stated that, “This is the first order from our newest channel partner and upon successful installation and commissioning of this plant, we are expecting the customer to place additional orders. Biopipe stands out against competition in terms of space and energy savings, no odor, no sludge and quality of treated wastewater. The small footprint of the Biopipe STP allowed the institutional client to optimize the available space and not pursue other systems that have high operating costs and complexity. We expect to deliver the plant before the end of the year.”
About Lifequest & Biopipe
Lifequest offers effluent treatment plants (ETP), sewage treatment plants (STP), fat oil and grease (FOG) separator and hybrid media for water polishing. Biopipe has developed a 100% sludge-free, chemical-free, odor-free, silent, easy to assemble and install, scalable, low cost, ecological and low maintenance-free onsite sewage wastewater treatment system. The Abrimix ETP solution available through our joint venture is a highly efficient and cost-effective industrial wastewater treatment system that is vastly superior to Dissolved Air Floatation (DAF) and other onsite industrial wastewater treatment systems.
This press release contains forward-looking statements that reflect the Company's current beliefs, expectations or intentions regarding future events. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “will,” “will be”, “anticipate,” “predict,” “expect,” “continue,” “future,” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of the Company and are difficult to predict. Examples of such risks and uncertainties include, but are not limited to: political unrest in countries we operate in, Covid-19 pandemic related disruptions, shipping constraints, expatriation of invested capital, defaults, future revenues, expenditures, capital, the adequacy of the Company's current cash and working capital to fund present and planned operations, investments and the growth through joint ventures. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, can be found in our current Disclosure Statements at www.otcmarkets.com. The Company anticipates that subsequent events and developments may cause views and expectations to change. The Company assumes no obligation, and specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.