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Industrial Nanotech, Inc. (Pink Sheets:INTK - News), an emerging global leader in nanotechnology, announced today that the company's United Arab Emirates distributor, NanoFan General Trading, a company that specializes in industrial solutions to petrochemical facilities and other heavy industry, has successfully completed an application of Nansulate EPX-K at a petrochemical facility in the Middle East.
The project was carried out last fall on a steam line to reduce the surface temperature of the pipe from 150 degree Celsius to the ambient temperature of 38 degrees Celsius. The application of the company's patented EPX-K epoxy system was completed with a thickness of approximately 1/2", built up by three layers, and resulted in the needed drop in surface temperature of 112 degrees Celsius.
"One of the biggest problems in petrochemical industries in the Middle East is corrosion... most importantly, corrosion under insulation (CUI) in pipes, storage tanks, metal structures, and other areas," explained S. Razavi, CEO NanoFan General Trading. "The weather in this part of the world is very corrosive. Thanks to Nansulate, we can prevent CUI problems and, of course, when it comes to saving energy, which is the talk of the day these days, we strongly believe that EPX takes the lead because of its easy application. We are proud to say that we are a part of `Industrial Nanotech'; they are the pioneer of nanotechnology around the globe."
"NanoFan represents us in the United Arab Emirates and throughout the Middle East," stated Francesca Crolley, V.P. Of Operations & Marketing for Industrial Nanotech, Inc. "They have completed impressive projects on petrochemical facility methanol tanks with our Nansulate High Heat and our other coatings and now have been working to introduce our new epoxy product, EPX, successfully to this market. This project demonstrates the effectiveness of Nansulate EPX, which combines extraordinary thermal insulation with corrosion resistance and chemical and flame resistance."
NanoFan General Trading F.Z.E. is a pioneer of innovative coatings for industrial applications in the Middle East. Their team combines a unique group of educated and innovative people from various sciences and industry and engineering backgrounds. They provide full industrial customer support and service, including installation and project management to adapt the solutions that nanotechnology provides to industry and society demands. www.nansulate.ae or www.nanofan.net
Nansulate(R) is the Company's patented product line of 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(R) Product Line includes both industrial and residential coatings.
Additional information about the Company and its products can be found at their websites, (www.industrial-nanotech.com) and (www.nansulate.com).
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.
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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