Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

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

Organometallics welcomes new editor-in-chief: Paul Chirik, Ph.D. July 22nd, 2014

The Hiden EQP Plasma Diagnostic with on-board MCA July 22nd, 2014

Iran to Hold 3rd Int'l Forum on Nanotechnology Economy July 22nd, 2014

Nanometrics Announces Upcoming Investor Events July 22nd, 2014

Products

QuantuMDx announce prototype handheld lab for 15 minute malaria diagnosis and drug resistance testing April 23rd, 2014

Nanovations Sets new Benchmark in Automotive Windscreen Coating Durability: Nanovations new automotive glass coating Vision Protect, sets new benchmark in glass coating durability March 23rd, 2014

Tawada CleanTech to show fabric duct and eco cool coating in MegaBuild March 21st, 2014

NEI Introduces Self-healing Anti-corrosion Coating for Zinc-Plated and Galvanized Steel March 14th, 2014

Announcements

Nanometrics Announces Upcoming Investor Events July 22nd, 2014

Bruker Awarded Fourth PeakForce Tapping Patent: AFM Mode Uniquely Combines Highest Resolution Imaging and Material Property Mapping July 22nd, 2014

NIST shows ultrasonically propelled nanorods spin dizzyingly fast July 22nd, 2014

Penn Study: Understanding Graphene’s Electrical Properties on an Atomic Level July 22nd, 2014

Energy

Oregon chemists eye improved thin films with metal substitution: Solution-based inorganic process could drive more efficient electronics and solar devices July 21st, 2014

Steam from the sun: New spongelike structure converts solar energy into steam July 21st, 2014

3-D nanostructure could benefit nanoelectronics, gas storage: Rice U. researchers predict functional advantages of 3-D boron nitride July 15th, 2014

Nanotechnology that will impact the Security & Defense sectors to be discussed at NanoSD2014 conference July 8th, 2014

Industrial

Non-Enzyme Sensor Detects Lead, Hydrogen Peroxide July 10th, 2014

New Method Introduced for Synthesis of Hydroxyapatite Nanoparticles July 5th, 2014

Making dreams come true: Making graphene from plastic? July 2nd, 2014

New particle-sorting method breaks speed records: Discovery could lead to new ways of detecting cancer cells or purifying contaminated water July 1st, 2014

New-Contracts/Sales/Customers

STFC takes delivery of the 100th Hitachi Tabletop SEM in the UK July 3rd, 2014

University of Maastricht Adds Complete Correlative Workflow from FEI to its Institute of Nanoscopy June 23rd, 2014

LatticeGear Sells First LatticeAx 300 Cleaving System to X-FAB: LatticeAx 300 provides fast, accurate cross-sectioning of samples for analysis — more accurately than manual methods and faster and less expensively than automated systems June 9th, 2014

UMass Amherst Purchases Nanonex Advanced 8" NIL Tool NX-2608BA May 28th, 2014

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







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE