No. 700 is a pressure regulator only and does not filter or clean the compressed air. It is a relieving type regulator which means that any pressure build-up on the outlet side, beyond that for which the regulator is set, will be relieved to atmosphere.

Recommended for use as a preload regulator on air to open air to close actuators - rated for a maximum inlet pressure of 300 psig. at 175 F. with outlet pressure adjustment range of 50 to 125 psig. 1/4" female inlet and outlet connections.