FMC Technologies and LiqTech International enter multi-year agreement LiqTech International announced that it has entered into an agreement with FMC Technologies (FTI), for the use of its state-of-the-art disruptive silicon carbide membrane technology for oil/gas applications. The exclusive agreement will bring LiqTech International's silicon carbide membrane technology into the highly attractive unconventional shale oil/gas sector and will allow for the development of new water treatment systems. The agreement includes a multi-year, multi-million dollar commitment towards LiqTech technology in order for FMC Technologies to maintain exclusivity.
FMC Technologies upgraded to Buy from Accumulate at Seaport Global Seaport Global upgraded FMC Technologies to Buy from Accumulate with a $38 price target. Analyst Mark Brown upgraded shares citing recent stock price declines, order progress, and views the company has an acquisition candidate.