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

Ag/ZnO-Nanorods Schottky diodes based UV-PDs are fabricated and tested May 26th, 2017

New metamaterial-enhanced MRI technique tested on humans May 26th, 2017

Controlling 3-D behavior of biological cells using laser holographic techniques May 26th, 2017

Unveiling the quantum necklace: Researchers simulate quantum necklace-like structures in superfluids May 26th, 2017

Products

STMicroelectronics Peps Up Booming Social-Fitness Scene with Smart Motion Sensors for Better Accuracy, Longer Battery Life, and Faster Time to Market January 2nd, 2017

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

Announcements

Ag/ZnO-Nanorods Schottky diodes based UV-PDs are fabricated and tested May 26th, 2017

New metamaterial-enhanced MRI technique tested on humans May 26th, 2017

Controlling 3-D behavior of biological cells using laser holographic techniques May 26th, 2017

Unveiling the quantum necklace: Researchers simulate quantum necklace-like structures in superfluids May 26th, 2017

Energy

Three-dimensional graphene: Experiment at BESSY II shows that optical properties are tuneable May 24th, 2017

Stanford scientists use nanotechnology to boost the performance of key industrial catalyst May 18th, 2017

Fed grant backs nanofiber development: Rice University joins Department of Energy 'Next Generation Machines' initiative May 10th, 2017

Discovery of new transparent thin film material could improve electronics and solar cells: Conductivity is highest-ever for thin film oxide semiconductor material May 6th, 2017

Industrial

Stanford scientists use nanotechnology to boost the performance of key industrial catalyst May 18th, 2017

Better living through pressure: Functional nanomaterials made easy April 19th, 2017

Rare-earths become water-repellent only as they age March 22nd, 2017

CRMGroup in Belgium uses a Deben three point bending stage in the development of new steel & coated steel products for automotive and other industrial applications March 21st, 2017

New-Contracts/Sales/Customers

UnitySC Announces Wafer Thinning Inspection System; Win from Power Semiconductor IDM for Automotive: Leading IDM Selects New 4See Series Automated Defect Inspection Platform for Power Semiconductor Automotive Applications May 11th, 2017

JPK selects compact tensile stage from Deben for their NanoWizard® AFM platform to broaden capabilities for materials characterisation February 22nd, 2017

Cetim Facility Receives Bruker Contour CMM Dimensional Analysis System: New Optical Coordinate Measurement Technology Enables High-Precision 3D Scanning November 16th, 2016

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