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Industrial Nanotech Announces Participation in Major Arctic Pipeline ProjectNAPLES, FL | Posted on December 4th, 2007
"We were recently contacted by an international oil and gas company based in the US to provide a custom formulated version of our patented Nansulate coatings and specifications for the application of that coating to an arctic pipeline project which is estimated to cover over 3000 miles when completed," states Stuart Burchill, CEO/CTO of Industrial Nanotech, Inc. "Based on discussions with this new customer's engineering department, a review of our coating's performance capabilities, and our understanding of the demands presented by the arctic environments of Alaska and northern Canada, we are confident that our product can provide added value and performance benefits to this project." Mr. Burchill continues, "This is a complex undertaking and there are many more hurdles for both companies to cross before the project begins in 2010, but this clearly presents a major development in Industrial Nanotech's capture of market share in the oil and gas industry beyond our current 155 mile project with the Brazilian oil giant, Petrobras."
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