Nansulate® Energy Saving Coatings for Textile Plants & Equipment to be Featured at the International Textile Machinery Exhib...
May 27 2009 - 8:59AM
Business Wire
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global
leader in nanotechnology, today announced that the Company's
patented Nansulate� product line of energy saving thermal
insulation and corrosion prevention coatings will be featured at
the upcoming International Textile Machinery Exhibition (ITM 2009)
to be held June 6-10, 2009 in Istanbul, Turkey.
The company�s Turkish distributor, Kolorgen Ltd, will be
demonstrating the energy saving effectiveness of Nansulate�
coatings which have been in use on processing machinery in the
textile industry for more than 4 years. Kolorgen has successfully
completed applications to increase energy savings and reduce costs
at many facilities, including Henateks, Erenko, Aloha, Deba and
Coats textile, among others.
�Nansulate� has proven to be a key energy saving solution for
the textile market,� explained Francesca Crolley, V.P. of
Operations and Marketing, Industrial Nanotech, Inc. �Our coatings
are used on many critical types of process equipment including heat
exchangers, steam boilers, dye machines, dryers, LNG burners and
piping of all types to reduce energy use and protect equipment from
corrosion. The energy savings are well documented, including one
customer who saved $600,000 per year by using Nansulate� to
insulate equipment (total Nansulate� product cost: $200,000) and
another saving $100,000 per year in energy costs (total Nansulate�
product cost: $40,000). In addition, when used on dye machines, our
insulation coating improves the consistency of the dye lot
(reproducibility). Textile is a market that has embraced our
technology, and we are looking forward to the exhibition to
demonstrate our technology, its significant benefits and solid case
studies that we�ve accumulated in this industry. Besides the
obvious benefit of cost savings through reduction of energy use,
Nansulate� is a �green� technology and also helps these plants
reduce their overall carbon emissions - an added plus for the
environment and green initiatives.�
About ITM 2009
The International Textile Machinery Exhibition (ITM 2009) is one
of the largest textile exhibitions in the world. It will be held
June 6-10, 2009 at the Tuyap Fair, Convention and Congress Center,
Buyukcekmece, Istanbul, Turkey. More than 1000 producer companies
and almost 100,000 national and international investors are
expected to visit ITM 2009 that will be organized with the
cooperation of Teknik Fuarc?l?k, T�yap and TEMSAD. Expected
attendance will represent 1500 companies from 37 countries around
the world.
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.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is emerging as a global nanoscience
solutions and research leader and member of the U.S. Greenbuilding
Council and the American Solar Energy Society. The Company develops
and commercializes new and innovative applications for
nanotechnology.
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.
Industrial Nanotech (PK) (USOTC:INTK)
Historical Stock Chart
From Jul 2024 to Jul 2024
Industrial Nanotech (PK) (USOTC:INTK)
Historical Stock Chart
From Jul 2023 to Jul 2024