Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Industrial Nanotech, Inc. Continues Global Expansion in Oil & Gas Market - Signs Anticorrosion Protective Systems (M) Sdn Bhd as New Exclusive Distributor in Malaysia - Begins Project with Petronas

Abstract:
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology based energy saving solutions, today announced that the Company has entered into an agreement with Anticorrosion Protective Systems (M) Sdn Bhd (APS) to serve as exclusive distributor in Malaysia for the Company's patented Nansulate(R) product line of thermal insulation and protective coatings. APS has over three decades of experience in managing and controlling corrosion in some of the harshest and most critical production and processing environments in the world, and provide their products and services to all related industries and especially utilities, water, and oil & gas sectors. One of their first undertakings is a trial project with Fortune Global 500(R) company, Petronas, the national oil and gas company of Malaysia.

Industrial Nanotech, Inc. Continues Global Expansion in Oil & Gas Market - Signs Anticorrosion Protective Systems (M) Sdn Bhd as New Exclusive Distributor in Malaysia - Begins Project with Petronas

Naples, FL | Posted on August 14th, 2012

"The relationship with APS as our exclusive distributor in Malaysia will strengthen Nansulate's presence in many manufacturing sectors, and particularly oil & gas," stated Francesca Crolley, V.P. Business Development for Industrial Nanotech, Inc. "Their company has been working with Petronas and has secured an offshore trial for our Nansulate(R) Translucent PT coating for use to control corrosion under insulation (CUI) by providing the combined benefits of thermal insulation and corrosion prevention. This is the same product that has been used by Galp Energia for two large ongoing projects at their refinery in Portugal over an oil pipeline and fuel oil storage tanks, total sales by Industrial Nanotech, Inc. for the Galp Energia project in the past 12 months equaling $471,279.49. Nansulate(R) coatings have been continuing to gain ground in this important industry sector and we continue to develop new relationships with companies such as EcoPetrol in Columbia and secure the opportunity to put our products into use protecting this vital infrastructure."

Crolley continues, "APS has the type of technical experience and expertise on their management team that will ensure an excellent introduction and promotion of our patented insulation and protective nanotechnology based coatings in Malaysia. They are also certified and licensed with the local government authorities including National Water Service Commission (SPAN), Ministry of Finance (MOF) and Construction Industry Development Berhad (CIDB) and Energy Commission of Malaysia (EC)."

Malaysia has progressed from being a producer of raw materials, such as tin and rubber, in the 1970s to being a multi-sector economy that grew on average 7.3 percent between 1985 and 1995. After the Asian financial crisis of 1997-1998 it has continued to post solid growth rates, averaging 5.5 percent per year from 2000 - 2008. In 2010, Malaysia launched the New Economic Model (NEM) which aims for the country to reach high income status by 2020 while ensuring that growth is also sustainable and inclusive.

####

About Industrial Nanotech, Inc.
Industrial Nanotech Inc. is a global nanoscience solutions and research leader and member of the U.S. Green Building Council. The Company develops and commercializes new and innovative applications for sustainable nanotechnology which are sold worldwide. www.inanotk.com

About Nansulate(R)


Nansulate(R) 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(R) 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.inanotk.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.

For more information, please click here

Contacts:
Industrial Nanotech, Inc.
Toll Free: 800-767-3998
Tel: +1 239-254-0346

www.nansulate.com

Industrial Nanotech, Inc.
Francesca Crolley, US & Canada:
800-767-3998
International: +1 239-254-0346

Copyright © Industrial Nanotech, Inc.

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

Nanosensors could help determine tumorsí ability to remodel tissue: Measuring enzyme levels could help doctors select appropriate treatments September 29th, 2016

Innovation in Nanotechnology is Focus of Symposium: Annual event brings international experts to Northwestern Oct. 6 September 29th, 2016

Cambrios at CEATEC - Japan 2016 September 29th, 2016

Picosun patents ALD nanolaminate to prevent electronics from overheating September 28th, 2016

Materials/Metamaterials

Innovation in Nanotechnology is Focus of Symposium: Annual event brings international experts to Northwestern Oct. 6 September 29th, 2016

Cambrios at CEATEC - Japan 2016 September 29th, 2016

Picosun patents ALD nanolaminate to prevent electronics from overheating September 28th, 2016

UNAM develops successful nano edible coating which increases life food September 27th, 2016

Announcements

Nanosensors could help determine tumorsí ability to remodel tissue: Measuring enzyme levels could help doctors select appropriate treatments September 29th, 2016

Innovation in Nanotechnology is Focus of Symposium: Annual event brings international experts to Northwestern Oct. 6 September 29th, 2016

Cambrios at CEATEC - Japan 2016 September 29th, 2016

Picosun patents ALD nanolaminate to prevent electronics from overheating September 28th, 2016

Energy

Cambrios at CEATEC - Japan 2016 September 29th, 2016

Crystalline Fault Lines Provide Pathway for Solar Cell Current: New tomographic AFM imaging technique reveals that microstructural defects, generally thought to be detrimental, actually improve conductivity in cadmium telluride solar cells September 26th, 2016

Researchers at the Catalan Institute of Nanoscience and Nanotechnology show that bending semiconductors generates electricity September 26th, 2016

Semiconducting inorganic double helix: New flexible semiconductor for electronics, solar technology and photo catalysis September 15th, 2016

Industrial

UNAM develops successful nano edible coating which increases life food September 27th, 2016

Mathematical nanotoxicoproteomics: Quantitative characterization of effects of multi-walled carbon nanotubes: This research article by Dr. Subhash Basak et al. will be published in Current Computer-Aided Drug Design, Volume 12, 2016 September 2nd, 2016

New flexible material can make any window 'smart' August 23rd, 2016

Industrial Nanotech, Inc. Provides Shareholder Update August 22nd, 2016

New-Contracts/Sales/Customers

SENAI Outfits New Tribology Lab with Bruker UMT TriboLab Systems: Brazilís National Service for Industrial Training Invests in Six Bruker Tribometers September 14th, 2016

FEI Celebrates Shipment of 1,000th Helios DualBeam System: FEIís Helios Family has lead the DualBeam technology race and is widely used across the semiconductor, materials science, life sciences and oil & gas industries August 31st, 2016

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

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