Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Industrial Nanotech, Inc. Begins Receiving for Nansulate(R)

Abstract:
Industrial Nanotech, Inc., an emerging global leader in nanoscience energy saving solutions, announced today that the expected orders from Mexico have now started coming in after delays caused by financing documentation required by the Mexican banking system.

Industrial Nanotech, Inc. Begins Receiving for Nansulate(R)

Naples, FL | Posted on September 20th, 2010

The Company reported in an earlier release the award of NOM certification of their patented Nansulate(R) thermal insulation and mold prevention coating and acceptance as part of the Green Mortgage program by INFONAVIT, Mexico's state owned and largest mortgage provider.

The NOM 018 ENER 1997, for which Nansulate(R) is now certified, is the Mexico Thermal Insulation Standard and is mandatory for all new construction.

"After initial documentation delays, we are now seeing the first orders come in related to the coating's recent recognition by Mexico's Federal Electric Company (CFE) and INFONAVIT," stated Francesca Crolley, V.P. of Business Development for Industrial Nanotech, Inc. "Additionally, as anticipated by our Mexican distributor, Distribuidora Nano de America, orders are also coming in from corporate and manufacturing customers looking for a cost effective product to reduce building heating and cooling costs and manufacturing process costs due to the certification of Nansulate(R) as an effective insulation product by Mexico's testing authority ONNCCE, the nationally recognized Mexican Standards Organization. We expect market share in Mexico to continue to grow rapidly as this innovative technology is recognized for the energy saving and protective benefits that it provides, as well as the longevity of consistent thermal performance. We look forward to reducing energy costs on a national scale for Mexico, and many other countries."

The company was informed in June that INFONAVIT has included Nansulate(R) into the specification for worker's homes under their Green Mortgage program to increase energy efficiency. They have projected that Nansulate(R) will initially be used for approximately 15% of the market for this year (Total Market more than 400,000 units) which is at least 60,000 homes.

The Green Mortgage program is designed to promote the incorporation of energy sustainability criteria in the homes that INFONAVIT finances, supporting the National Strategy for Climate Change, ensuring energy and water savings that will make homes more affordable and improve the environment. Since the Green Mortgage program was launched in 2009, Infonavit has originated a total of 150,668 green mortgages for MXN 28.9 billion (USD 2.2 billion) and is financed by its lending operations, by mandatory employer contributions on behalf of the country's 14.4 million salaried workers, and by mortgage bonds. Infonavit plans to make between 475,000 and 525,000 mortgages this year.

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).

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, the American Solar Energy Society, and an official ALLY organization with the U.S. Dept. of Energy "Save Energy Now" program. The Company develops and commercializes new and innovative applications for sustainable nanotechnology which are sold worldwide.

For more information, please click here

Contacts:
Industrial Nanotech, Inc.
1925 Trade Center Way, Suite 1
Naples, FL 34109
US & Canada (Toll Free): 800-767-3998
US & International: 1-239-254-0346
Fax (US & Can.): 1-239-254-1381

Copyright © Industrial Nanotech

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

News and information

Shape matters when light meets atom: Mapping the interaction of a single atom with a single photon may inform design of quantum devices December 4th, 2016

UTSA study describes new minimally invasive device to treat cancer and other illnesses: Medicine diffusion capsule could locally treat multiple ailments and diseases over several weeks December 3rd, 2016

Novel Electrode Structure Provides New Promise for Lithium-Sulfur Batteries December 3rd, 2016

Research Study: MetaSOLTM Shatters Solar Panel Efficiency Forecasts with Innovative New Coating: Coating Provides 1.2 Percent Absolute Enhancement to Triple Junction Solar Cells December 2nd, 2016

Products

Cutting-edge nanotechnologies are breaking into industries November 18th, 2016

STMicroelectronics’ Semiconductor Chips Contribute to Connected Toothbrush from Oral-B That Sees What You Don’t: Microcontroller and Accelerometer help brushers clean their teeth more effectively October 4th, 2016

Particle Works launches range of high quality magnetic nanoparticles August 31st, 2016

Oxford Nanoimaging to provide desktop super-resolution microscopes May 10th, 2016

Govt.-Legislation/Regulation/Funding/Policy

Shape matters when light meets atom: Mapping the interaction of a single atom with a single photon may inform design of quantum devices December 4th, 2016

Research Study: MetaSOLTM Shatters Solar Panel Efficiency Forecasts with Innovative New Coating: Coating Provides 1.2 Percent Absolute Enhancement to Triple Junction Solar Cells December 2nd, 2016

Deep insights from surface reactions: Researchers use Stampede supercomputer to study new chemical sensing methods, desalination and bacterial energy production December 2nd, 2016

Quantum obstacle course changes material from superconductor to insulator December 1st, 2016

Announcements

Shape matters when light meets atom: Mapping the interaction of a single atom with a single photon may inform design of quantum devices December 4th, 2016

UTSA study describes new minimally invasive device to treat cancer and other illnesses: Medicine diffusion capsule could locally treat multiple ailments and diseases over several weeks December 3rd, 2016

Novel Electrode Structure Provides New Promise for Lithium-Sulfur Batteries December 3rd, 2016

Research Study: MetaSOLTM Shatters Solar Panel Efficiency Forecasts with Innovative New Coating: Coating Provides 1.2 Percent Absolute Enhancement to Triple Junction Solar Cells December 2nd, 2016

Industrial

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

SUN shares its latest achievements during the 3rd Annual Project Meeting November 1st, 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