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Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanoscience energy saving solutions, announced today that their distributor in India, Angstrom Technology, has reported that one of their customers presented a paper at Papertech 2011, held in Hyderabad India recently. The paper was presented by Dr. T.G. Sundara Raman, Head of Energy and Climate Change Development, Seshasayee Paper & Boards, Ltd, and was presented in the Energy & Environment category. The paper titled, "Energy Conservation Using Nanotechnology Based Insulation Coating in Paper Machine Dryer At Seshasayee Paper" describes the benefits experienced in the pulp and paper industry by using patented Nansulate® thermal insulation coatings for insulation and protection of paper manufacturing equipment.
"There are many processes in the pulp and paper industry where our coatings can reduce energy costs and also improve equipment longevity," explained Francesca Crolley, V.P. Business Development for Industrial Nanotech, Inc. "The paper presented by Dr. T.G. Sundara Raman offers a great illustration of the real benefits offered from their own experience using the coatings in their facility. The paper highlights the advantages of Nansulate® coatings including: steam savings through reduction in radiation loss, very low thermal conductivity, ability to be applied on non-uniform profiles, and space and weight minimization. A significant additional benefit for this industry is that our EPX 2-part epoxy coating offers chemical and flame resistance, and our clear Nansulate® Translucent PT coating offers the ability to identify leaks visually and much more quickly which, per our conversations with U.S. paper manufacturers, is a real advantage for both energy and maintenance costs. Nansulate® manufacturing customers report an average energy savings of 20% on process energy costs, along with improved worker safety by both reducing the temperature of hot surfaces to safe touch, and reducing heat expelled into the working environment. We look forward to further expanding our footprint in manufacturing as a whole and to pulp and paper, in India, the United States, and worldwide."
The case study referenced in the presentation covered equipment that was insulated with Nansulate® Translucent PT at a 300 micron (12 mil) dry film thickness (six coat coverage). Dryer end covers were coated and showed an average temperature reduction after 30 days (prior to the full 45-60 day cure time being completed) over one dryer of 39.6 F, a 15.7% reduction in temperature, and on another dryer of 48.6 F, an 18.7% reduction in temperature. Another piece of equipment insulated to increase sensor and unit longevity was a scanner sensor unit, which showed an average temperature difference of 28.2F, prior to cure time being completed, while also showing more effective sensor functioning due to the lower temperature. Comfort for approaching the operating unit and increased longevity of the scanner unit were benefits also noted in the paper due to the Nansulate® insulation technology. Applications areas for the nanotechnology insulation coating in the paper mill were noted as: Paper machine dryer unit, hot and warm condensate, boiler feed water and process fluid lines, LP steam pipelines and accessories, heat carrying valves and fittings, satellite cooler annulus exterior of lime kiln, heated HFO lines and storage tanks, chiller lines in CI02 unit, CPU-PHE & EOP head covers.
A copy of the case study from the presentation, as well as other case studies can be found at: www.nansulatetestimonials.com
Seshasayee Paper and Boards Limited (SPB), the flagship company belonging to 'ESVIN GROUP', operates an integrated pulp, paper and paper board Mill in Tamilnadu, India. SPB's exports are nearly 20% of its production and is a significant exporter in the Indian Paper Industry. Due to its excellent export performance, SPB has been awarded 'Golden Export House' status.
The Indian pulp and paper sector is one of the energy & water intensive sectors. The Bureau of Energy Efficiency in India has identified 52 paper mills as Designated Consumers (DCs) which will take part in the Perform Achieve & Trade (PAT) mechanism with 514 industrial units from other sectors. The energy, water and environmental performance depends on the level of production and the technologies employed.
Against this background, CII-Sohrabji Godrej Green Business Centre has instituted an annual event PaperTech. This event is organized jointly with Indian Paper Manufacturers Association (IPMA). The Indian Paper Industry is growing fast with the paper demand estimated to be 10 million tons by 2010, 15 million tons by 2015 and 20 million tons by 2020.
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.
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.
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