LISHUI, China, Jan. 25, 2021 /PRNewswire/ -- Tantech Holdings
Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), a clean energy
company in China, today announced
the launch of Variety Combination Honeycomb Activated Carbon, an
innovative new activated carbon product. The new product was
designed to be both powerful and flexible, making it an ideal
solution for large area purification. The Company expects it will
close initial orders from customers valued at approximately
$2 million over the next few
weeks.
Tantech's Variety Combination Honeycomb Activated Carbon product
is a new type of environmentally friendly activated carbon (exhaust
gas purification product), which can effectively reduce odors and
pollutants, including the adsorption of formaldehyde and benzene,
and industrial gas purification to reach the national first-level
exhaust gas emission standard. This latest product is ideally
suitable for the treatment of large air volumes, indoor air
purification and low concentration factory organic waste gas
(triphenyl and toxic and harmful gases).
Mr. Wangfeng Yan, Chief Executive Officer of Tantech, said,
"Over the years we have seen steady demand for smaller area,
tailored purification solutions, including popular products like
our carbon activated pillows and sticks for home use. With
most economies moving back to full production there is a renewed
interest and priority on environmental purification and the
reduction of pollutants. We continue to expand our product
portfolio and transition our business to extend our reach into fast
growing markets, as we focus on building value for the Company and
our shareholders."
About Tantech Holdings Ltd.
Established in 2001 and headquartered in Lishui
City, Zhejiang Province, China, Tantech, together with
its subsidiaries, is now, in addition to be a developer and
manufacturer of bamboo-based charcoal, an innovative leader in the
design, manufacture and distribution of electric vehicles. The
Company has also invested in mining business in 2018 and 2019.
For more information please visit:
http://ir.tantech.cn.
Forward-Looking Statements
This news release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, product and
service demand and acceptance, changes in technology, economic
conditions, the impact of competition and pricing, government
regulations, and other risks contained in reports filed by the
company with the Securities and Exchange Commission. All such
forward-looking statements, whether written or oral, and whether
made by or on behalf of the Company, are expressly qualified by
this cautionary statement and any other cautionary statements which
may accompany the forward-looking statements. In addition, the
Company disclaims any obligation to update any forward-looking
statements to reflect events or circumstances after the date
hereof.
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SOURCE Tantech Holdings Ltd.