Industrial Nanotech, Inc. Announces Successful Installation of Initial Projects with Major U.S. Manufacturers
21 Mai 2012 - 2:50PM
Business Wire
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global
leader in nanotechnology based energy saving and sustainable
solutions announced today that they have recently completed initial
installations of the Company’s Nansulate® thermal insulation and
protective coatings with several major U.S. manufacturers in the
paper and textile industries for insulation, surface protection and
personnel protection.
“Saving energy is now becoming a more immediate priority for
U.S. manufacturers,” stated Francesca Crolley, V.P. Business
Development for Industrial Nanotech, Inc. “While many of our
previous larger projects have been overseas due to the culture of
sustainability and regulatory mandates for energy savings, we are
now seeing a significant increase in the focus on sustainability by
U.S. companies and these initial projects are expected to expand
into company wide initiatives in the very near future. Companies we
have been working with in the U.S., including the most recent
installations in textile facilities and a paper mill are now at a
point where these types of energy saving projects are moving
forward.”
Crolley continues, “For over eight years, Nansulate® has
provided significant energy savings and protective benefits for a
number of industries, including global textile manufacturer Coats
plc, who projected saving more than 10% in energy costs and 2% in
carbon emissions throughout their plants in addition to lowering
the dye house internal temperatures for improved worker safety.
Henateks, a textile manufacturer for major sports apparel
companies, charted an average of 20% reduction of energy
consumption and reduced their liquid natural gas consumption in the
first two years by over 1 million cubic meters per year. Nansulate®
coatings have also provided solutions at paper mills in countries
such as India, and were a topic of a presentation at last year’s
PaperTech Expo. Our coatings for building insulation are also just
as popular for energy savings, reducing the internal temperature of
a critical data center for Mexico’s Social Security and Health
Administration (IMSS) by 27% to reduce heat related server shut
down, and being implemented as a sustainable building solution in
the Suvarnabhumi International Airport in Bangkok, Thailand.”
“Our experience is that energy saving projects are now more
important than ever for US companies,” concluded Ms. Crolley, “and
our patented coatings offer them the ability to implement a project
at an affordable cost with short payback period, typically 6-18
months. We expect to see many more projects in the future with U.S.
based manufacturers, in addition to being busier than ever with
overseas projects as the world continues to seek innovative paths
to sustainability.”
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.inanotk.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. Green Building Council. 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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