Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Industrial Nanotech, Inc. Begins Receiving Orders Relating to Mexican Building Standard Approval for their Patented Nansulate® Insulation Coatings

Abstract:
Industrial Nanotech, Inc. begins receiving orders relating to Mexican Building Standard Approval for their Patented Nansulate® Insulation Coatings. The Company reported in an earlier release the award of NOM certification of their patented Nansulate® thermal insulation and mold prevention coating and acceptance as part of the Green Mortgage program by INFONAVIT.

Industrial Nanotech, Inc. Begins Receiving Orders Relating to Mexican Building Standard Approval for their Patented Nansulate® Insulation Coatings

Naples, FL | Posted on September 22nd, 2010

Industrial Nanotech, Inc. (Pink Sheets:INTK), 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. The Company reported in an earlier release the award of NOM certification of their patented Nansulate® 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® 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® 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® into the specification for worker's homes under their Green Mortgage program to increase energy efficiency. They have projected that Nansulate® 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.

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

Contacts:
For Industrial Nanotech, Inc. Investor Relations: Rob Karbowsky, 800-767-3998

Copyright © PRWeb

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

Harris & Harris Group Notes Announcements by Its Portfolio Companies During the Third Quarter of 2016 September 30th, 2016

INVECAS to Enable ASIC Designs for Tomorrow’s Intelligent Systems on GLOBALFOUNDRIES' FDX™ Technology: INVECAS to Collaborate with GLOBALFOUNDRIES to Provide IP and End-to-End ASIC Design Services on 22FDX® and 12FDX™ Technologies September 30th, 2016

How to power up graphene implants without frying cells: New analysis finds way to safely conduct heat from graphene to biological tissues September 30th, 2016

Innovation in Nanotechnology is Focus of Symposium: Annual event brings international experts to Northwestern Oct. 6 September 29th, 2016

Products

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

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

Abalonyx launches Reduced Graphene Oxide Product: Abalonyx has successfully scaled up production of thermally reduced graphene oxide (rGO) in its Tofte, Norway, production facility. This product is now offered to customers in Kg-quantities May 10th, 2016

New Generation of Graphene Reinforced Carbon Fibre Prepreg Products March 14th, 2016

Announcements

Harris & Harris Group Notes Announcements by Its Portfolio Companies During the Third Quarter of 2016 September 30th, 2016

INVECAS to Enable ASIC Designs for Tomorrow’s Intelligent Systems on GLOBALFOUNDRIES' FDX™ Technology: INVECAS to Collaborate with GLOBALFOUNDRIES to Provide IP and End-to-End ASIC Design Services on 22FDX® and 12FDX™ Technologies September 30th, 2016

How to power up graphene implants without frying cells: New analysis finds way to safely conduct heat from graphene to biological tissues September 30th, 2016

Innovation in Nanotechnology is Focus of Symposium: Annual event brings international experts to Northwestern Oct. 6 September 29th, 2016

Industrial

UNAM develops successful nano edible coating which increases life food September 27th, 2016

Mathematical nanotoxicoproteomics: Quantitative characterization of effects of multi-walled carbon nanotubes: This research article by Dr. Subhash Basak et al. will be published in Current Computer-Aided Drug Design, Volume 12, 2016 September 2nd, 2016

New flexible material can make any window 'smart' August 23rd, 2016

Industrial Nanotech, Inc. Provides Shareholder Update August 22nd, 2016

New-Contracts/Sales/Customers

SENAI Outfits New Tribology Lab with Bruker UMT TriboLab Systems: Brazil’s National Service for Industrial Training Invests in Six Bruker Tribometers September 14th, 2016

FEI Celebrates Shipment of 1,000th Helios DualBeam System: FEI’s Helios Family has lead the DualBeam technology race and is widely used across the semiconductor, materials science, life sciences and oil & gas industries August 31st, 2016

Thomas Swan and NGI announce unique partnership July 28th, 2016

Oxford Instruments and Dresden High Magnetic Field Laboratory collaborate to develop HTS magnet technology components for high field superconducting magnet systems June 29th, 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







Car Brands
Buy website traffic