Home > Press > Industrial Nanotech Announces Project With One of World’s Largest Pipeline Companies
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced today that the Company has started work with Socotherm, one of the world's largest gas and oil pipeline coating companies, on applications for the Company's Nansulate(R) product line of patented thermally insulating, corrosion and chemical resistant coatings.
Industrial Nanotech Announces Project With One of World’s Largest Pipeline Companies
NAPLES, FL | Posted on November 14th, 2007
"Our meetings last week at the offices of Socotherm with members of their technical, engineering, and manufacturing team resulted in the mutual agreement that there is a distinct need for the valuable and unique performance qualities of our coatings in ongoing projects they have in place and pending for their oil and gas customers," states Stuart Burchill, CEO/CTO of Industrial Nanotech, Inc. "A tour of one of their manufacturing facilities confirmed that the application of our coatings can be implemented within the framework of their existing processes, expediting the process of integrating our capabilities. We expect to be able to provide more specific details about the projects our coatings will be utilized for in the near future. This is the result of years of work to establish credibility for our coatings' performance qualities in the demanding severe service environments of the highly regulated oil and gas pipeline construction industry. Combined with our upcoming project for Petrobras on approximately 250 kilometers of pipeline, this represents a significant breakthrough in that effort."
The Socotherm Group is one of the largest suppliers of oil and gas pipeline coating and insulation services in the world and is the largest supplier to the Deep Water Industry. They operate facilities in Italy, Spain, Qatar, Brazil, Malaysia, China, Australia, Russia, the United States, Canada, Nigeria, Angola, Argentina, Venezuela, Mexico, and Algeria. Their customers include, among others, Exxon Mobil, BP, Petrobras, Total, and Chevron.
Nansulate(R) is the Company's patented product line of specialty coatings containing a nanotechnology based material and which are well-documented to provide thermal insulation, prevent corrosion, resist mold, chemical resistance, and encapsulate lead. The Nansulate(R) Product Line includes both industrial and residential coatings.
About Industrial Nanotech, Inc.
Industrial Nanotech Inc. is quickly emerging as a global nanoscience solutions and research leader. The Company develops and commercializes new and innovative applications for nanotechnology. Additional information about the Company and its products can be found at their websites, ( http://www.industrial-nanotech.com ) and ( http://www.nansulate.com ).
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.
For more information, please click here
For Industrial Nanotech Inc., Naples
Martin E. Janis & Company, Inc.
Beverly Jedynak, President, 312-943-1100 ext. 12
Martin E. Janis & Company, Inc.
Laura Grock, Vice President, 312-943-1100 ext. 13
Copyright © Business Wire 2007
If you have a comment, please Contact
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
Silicene Labs Announces the Launch of 2D Materials Briefing Book™ and 2D Materials Road-Heat Map™: Contributors Include One of the World's Foremost 2D Materials Scientists July 25th, 2014
Silicene Labs Announces the Launch of Patent-Pending, 2D Materials Composite Index™ : The Initial 2D Materials Composite Index™ for Q2 2014 Is: 857.3; Founders Include World-Renowned Physicist and Seasoned Business and IP Professionals July 24th, 2014
Iranian Scientists Produce Transparent Nanocomposite Coatings with Longer Lifetime July 24th, 2014
Penn Study: Understanding Graphene’s Electrical Properties on an Atomic Level July 22nd, 2014
Stanford team achieves 'holy grail' of battery design: A stable lithium anode - Engineers use carbon nanospheres to protect lithium from the reactive and expansive problems that have restricted its use as an anode July 27th, 2014
Iranian Scientists Produce Reusable Nanoadsorbent to Detect Sulfamide in Chicken July 27th, 2014
Breakthrough laser experiment reveals liquid-like motion of atoms in an ultra-cold cluster: University of Leicester research team unlocks insights into creation of new nano-materials July 25th, 2014
Scientists Test Nanoparticle "Alarm Clock" to Awaken Immune Systems Put to Sleep by Cancer July 25th, 2014
STFC takes delivery of the 100th Hitachi Tabletop SEM in the UK July 3rd, 2014
University of Maastricht Adds Complete Correlative Workflow from FEI to its Institute of Nanoscopy June 23rd, 2014
LatticeGear Sells First LatticeAx 300 Cleaving System to X-FAB: LatticeAx 300 provides fast, accurate cross-sectioning of samples for analysis — more accurately than manual methods and faster and less expensively than automated systems June 9th, 2014
UMass Amherst Purchases Nanonex Advanced 8" NIL Tool NX-2608BA May 28th, 2014