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Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience energy saving solutions, announced today that additional textile mills are incorporating the Company's patented line of energy saving protective coatings into their sustainability initiatives worldwide.
"We are currently doing a pilot project with Hanesbrands, Inc. In the event that Nansulate® performs as well for their textile equipment as it has on the textile equipment of multiple companies at multiple factories around the world for the past half decade, they will begin applying Nansulate to their heat process equipment at their factories," states Stuart Burchill, CEO/CTO of Industrial Nanotech, Inc. "Considering that Coats, PLC, the world market leader in industrial yarns and threads and consumer crafts, stated publicly that the use of Nansulate® on heat process equipment in 37 of their factories in 27 countries will reduce their steam consumption by 10 percent and their global carbon footprint by 2%, we are optimistic that we will be able to provide the same benefits to Hanesbrands, Inc. and that this will result in a significant value added proposition for both their company and Industrial Nanotech, Inc."
Hanesbrands, Inc. is based in Winston-Salem, NC. The company's apparel brands include: Hanes®, Champion®, Playtex®, Bali®, L'eggs®, Just My Size®, Barely There® and Wonderbra®.
Nansulate® coatings have been used by numerous textile manufacturers for insulation of their dyeing machines, steam pipes, heat exchangers and other equipment. Henateks Textile, a manufacturer for Nike, Adidas, and others, documented a 20% reduction in liquid natural gas consumption which was attributed directly to Nansulate® High Heat insulation coating being used to insulate their steam process system. This resulted in a 2007 and 2008 cost savings of $852,437.00 US and a payback period of only 7 months. Erenko Textile, a manufacturer for Walt Disney and other brands, performed side-by-side trials on same capacity machines running a 60 minute cycle of 60 degrees C. The machine coated with Nansulate® insulation, reduced steam supply cycles from 24 injections over the 60 minutes down to 2 injections, reducing energy consumption by a minimum of 20% and providing an overall 10% reduction in unit material production costs. The coatings have been featured in multiple textile specific magazines and publications for their energy saving performance in the textile industry.
About Industrial Nanotech, Inc.
Industrial Nanotech Inc. is a global nanoscience solutions and research leader and member of the U.S. Greenbuilding Council 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.
Nansulate® 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® 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). Blog: www.nansulate.com/nanoblog, Twitter: www.twitter.com/NanoPioneer, Facebook: www.facebook.com/Nansulate.
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Industrial Nanotech, Inc.
Francesca Crolley, 800-767-3998 (US & Canada)
VP Business Development:
International: +1 239-254-0346
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