Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button

Home > Press > Industrial Nanotech, Inc. Enters Utilities Market

Abstract:
Expands Use of Nanotechnology to Increase Energy Efficiency for Power Companies

Industrial Nanotech, Inc. Enters Utilities Market

Naples, FL | Posted on November 18th, 2010

Industrial Nanotech, Inc. (INTK 0.03, 0.00, -4.91%), an emerging global leader in nanotechnology based energy saving solutions, today announced that they are working with a major California power company to use the Company's patented Nansulate(R) insulation and corrosion control coatings to increase energy generation efficiency and reduce costs. Previously, Nansulate(R) was used on an oil pipeline project by international power company, Galp Energia, for insulation and corrosion control. The coatings are used worldwide to insulate equipment and facilities, to protect equipment, reduce energy consumption, and improve worker safety.

"Nansulate(R) coating technology is an innovation in insulation technology. End users of power have been reducing their energy consumption with our coatings for years. It is logical that the power companies would also be interested in increasing the efficiency of power generation with this technology," stated Francesca Crolley, VP of Business Development for Industrial Nanotech, Inc. "We have been working with a large power company on the west coast to identify areas where Nansulate coatings can increase their efficiency, including pipelines, boilers, gas meters, and similar equipment."

Ms. Crolley continues, "We have seen a marked increase in demand for our products after announcing our global sustainability project with international textile manufacturer Coats plc., who was quoted as having determined the benefits of using Nansulate to include reducing steam consumption by over 10 percent, reducing related carbon emissions by 2 percent, and significantly improving working conditions of their facilities with our product that is anticipated to pay for itself in less than a year. Companies are finding that the technology offers them an affordable way to improve energy efficiency with relatively short payback of typically between 6-18 months, in addition to providing long-term performance, improving worker safety, and protecting equipment from corrosion and chemical damage."

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.
Investor Relations:
Rob Karbowsky
800-767-3998

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

Scientists change properties of zeolites to improve hemodialysis July 29th, 2016

Novel state of matter: Observation of a quantum spin liquid July 29th, 2016

A new type of quantum bits July 29th, 2016

Lonely atoms, happily reunited July 29th, 2016

Products

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

New Generation of Graphene Reinforced Carbon Fibre Prepreg Products March 10th, 2016

Announcements

Scientists change properties of zeolites to improve hemodialysis July 29th, 2016

Novel state of matter: Observation of a quantum spin liquid July 29th, 2016

A new type of quantum bits July 29th, 2016

Lonely atoms, happily reunited July 29th, 2016

Energy

New nontoxic process promises larger ultrathin sheets of 2-D nanomaterials July 27th, 2016

Designing climate-friendly concrete, from the nanoscale up: New understanding of concrete’s properties could increase lifetime of the building material, decrease emissions July 25th, 2016

An accelerated pipeline to open materials research: ORNL workflow system unites imaging, algorithms, and HPC to advance materials discovery and design July 24th, 2016

Researchers discover key mechanism for producing solar cells: Better understanding of perovskite solar cells could boost widespread use July 21st, 2016

Industrial

Dirty to drinkable: Engineers develop novel hybrid nanomaterials to transform water July 28th, 2016

Scientists move 1 step closer to creating an invisibility cloak July 15th, 2016

Yale researchers’ technology turns wasted heat into power June 27th, 2016

Industrial Nanotech, Inc. Signs Agreement With and Receives First Purchase Order from Major New Customer in China June 6th, 2016

New-Contracts/Sales/Customers

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

Nanometrics Selected for Third-Generation 3D-NAND Process Control: Atlas® Systems Extend Advanced Device Manufacturing Capability June 14th, 2016

Industrial Nanotech, Inc. Signs Agreement With and Receives First Purchase Order from Major New Customer in China June 6th, 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