Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Industrial Nanotech, Inc. Reports Updates in Saudi Arabia

Abstract:
Presentation to Petrochemical Producer and Invitation to Saudi Oil and Gas Exhibition

Industrial Nanotech, Inc. Reports Updates in Saudi Arabia

Naples, FL | Posted on December 21st, 2009

Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience solutions, announced updates regarding Saudi Arabia Distributor, Saudi Environmental Projects, Ltd., the new exclusive distributor for Nansulate® energy saving and asset protection coatings in Saudi Arabia.

The Company will be assisting with a presentation this week by Saudi Environmental Projects to one of the top five petrochemical companies in the world. In addition the Company's CEO/CTO, Stuart Burchill, has been invited by Saudi Environmental Projects to give a technical presentation about the Company's nanotechnology based industrial coatings and their insulating and corrosion resistant capabilities at the Saudi Oil and Gas Exhibition in January 2010.

The Chairman of Saudi Environmental Projects, Ltd., HRH Prince Abdullah bin Mosaad Bin Abdulaziz Al-Saud, is one of the Kingdom's prominent businessmen and industrialists. He is the founder and chairman of the largest paper manufacturing and processing paper industrial facilities outside the USA, Europe and Japan. He is the Chairman and CEO of The Saudi Paper Manufacturing Group, which includes the Saudi Paper Manufacturing Company, the Saudi Recycling Company, and the Saudi Company for Environmental Enterprises. He is active in other fields and activities in the trade, services and investments sectors in Saudi Arabia and internationally. He travels extensively and works with other prominent businessmen from around the world to promote trade and understanding between Saudi Arabia and the other countries.

"Saudi Environmental Projects will be giving a presentation this week to the largest petrochemical producer in the region and one of the top five petrochemical companies in the world," stated Francesca Crolley, VP of Business Development for Industrial Nanotech, Inc. "We have provided the presentation material and will be attending via teleconference. The client first contacted the Company earlier this month to request a presentation on Nansulate® technology after reading in the current issue of Global Processing magazine about Henateks textile and how the company saved over $460,000 USD in energy costs in 2008 due to implementation of Nansulate® insulation and corrosion prevention coatings in their facility at a cost of only $200,000 USD for product and $100,000 USD for installation."

Ms. Crolley continued, "Additionally, Industrial Nanotech CEO/CTO, Stuart Burchill, has received an invitation to attend Saudi Oil, Gas & Petrochem 2010, held in Riyadh City January 17-20, 2010 to present Nansulate® solutions for the oil & gas and petrochemical markets with Saudi Environmental Projects. In attendance is expected to be representatives from Aramco, Sabic, Gasco, and companies from China, Germany, United Kingdom, Italy, France, Turkey, Egypt, Qatar, Kuwait, UAE and more. The four day event will include conferences, workshops and exhibitions covered by TV, newspapers and magazines with special reports and interviews with exhibitors and visitors. Last year's exhibition welcomed more than 8,247 senior managers and purchasing decision makers."

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.

####

About Industrial Nanotech
Industrial Nanotech Inc. is 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 which are sold worldwide.

About Nansulate(R)

Nansulate(R) 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(R) 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.

For more information, please click here

Contacts:
www.industrial-nanotech.com/contact.htm

Copyright © Business Wire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Announcements

Nanoscale view of energy storage January 16th, 2017

Seeing the quantum future... literally: What if big data could help you see the future and prevent your mobile phone from breaking before it happened? January 16th, 2017

NUS researchers achieve major breakthrough in flexible electronics: New classes of printable electrically conducting polymer materials make better electrodes for plastic electronics and advanced semiconductor devices January 14th, 2017

Nanoscale Modifications can be used to Engineer Electrical Contacts for Nanodevices January 13th, 2017

Energy

Stability challenge in perovskite solar cell technology: New research reveals intrinsic instability issues of iodine-containing perovskite solar cells December 26th, 2016

Nanoscale 'conversations' create complex, multi-layered structures: New technique leverages controlled interactions across surfaces to create self-assembled materials with unprecedented complexity December 22nd, 2016

Safe and inexpensive hydrogen production as a future energy source: Osaka University researchers develop efficient 'green' hydrogen production system that operates at room temperature in air December 21st, 2016

Going green with nanotechnology December 21st, 2016

Industrial

New laser based on unusual physics phenomenon could improve telecommunications, computing January 12th, 2017

Supersonic spray yields new nanomaterial for bendable, wearable electronics: Film of self-fused nanowires clear as glass, conducts like metal November 23rd, 2016

Industrial Nanotech, Inc. Announces Plans to Spin Off New Product Line to Major Paint Compan November 9th, 2016

Forge Nano raises $20 million in Series A Funding: Nano coating technology innovator Forge Nano will use funding to expand manufacturing capacity and grow Lithium-Ion battery opportunities November 3rd, 2016

Events/Classes

Harris & Harris Group Issues Reminder for Shareholder Update Call on January 10, 2017 January 10th, 2017

Nanometrics to Present at the 19th Annual Needham Growth Conference December 22nd, 2016

Leti Will Demonstrate Fusion of Autonomous Car’s Senses: SIGMA FUSION’s Efficient, Sensor-based System Fits in a Microcontroller Platform, Anticipates Safety Requirements December 13th, 2016

Imec and Holst Centre Introduce World’s First Solid-State Multi-Ion Sensor for Internet-of-Things Applications December 13th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project