Galp Energia Contractor Places Second Order for Nansulate® Insulation Coatings by Industrial Nanotech, Inc.
17 Mai 2011 - 2:28PM
Business Wire
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global
leader in nanoscience energy saving solutions, announced today that
they have received a 320 gallon order from Prozinco, the industrial
contractor who had previously been awarded the bid to install the
Company’s patented Nansulate® Translucent PT coating on an oil
pipeline at the Porto Refinery owned by Galp Energia. This order
was also for the Nansulate® Translucent PT product for insulation
and corrosion prevention.
“Prozinco is a large and well known industrial contractor in
their region who works with industrial painting, corrosion
prevention, and civil construction projects, “ stated Francesca
Crolley, V.P. of Business Development for Industrial Nanotech, Inc.
“Their company won the bid last year and installed our coatings on
a pipeline at the Porto Refinery, which introduced Prozinco to our
technology. Their list of clients includes: Dow Portugal, Petrogal,
Renault, and Shell, among many others. We look forward to this
continuing relationship which is of great benefit for Industrial
Nanotech in this region as they work with many companies looking
for solutions for insulation of large tanks, pipelines and similar
structures. Nansulate® coatings provide a unique benefit for
insulation and protection of equipment and stand up extremely well
to exterior environments and weathering, requiring no exterior
cladding, which can be very expensive to install. We look forward
to more work in this region, including another upcoming project at
the Porto Refinery on four fuel oil tanks, which is estimated at
2,973 gallons for this project, and for which Nansulate® is the
specified insulation.”
About Nansulate®
Nansulate® is the Company's patented product line of award
winning, specialty coatings containing a nanotechnology based
material and which are well-documented to provide the combined
performance qualities of thermal insulation, corrosion prevention,
resistance to mold growth, fire resistance, chemical resistance and
lead encapsulation in an environmentally safe, water-based, coating
formulation. The Nansulate® Product Line includes industrial,
residential, agricultural and solar thermal insulation coatings.
Additional information about the Company and its products can be
found at their websites, (www.industrial-nanotech.com) and
(www.nansulate.com). Blog: www.nansulate.com/nanoblog, Twitter:
www.twitter.com/NanoPioneer, Facebook:
www.facebook.com/Nansulate.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is a global nanoscience solutions and
research leader and member of the U.S. Greenbuilding Council and an
official ALLY organization with the U.S. Dept. of Energy "Save
Energy Now" program. The Company develops and commercializes new
and innovative applications for sustainable nanotechnology which
are sold worldwide.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This release includes forward-looking
statements made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995 that involve risks
and uncertainties including, but not limited to, the impact of
competitive products, the ability to meet customer demand, the
ability to manage growth, acquisitions of technology, equipment, or
human resources, the effect of economic and business conditions,
and the ability to attract and retain skilled personnel. The
Company is not obligated to revise or update any forward-looking
statements in order to reflect events or circumstances that may
arise after the date of this release.
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