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

Tunable diamond string may hold key to quantum memory: A process similar to guitar tuning improves storage time of quantum memory May 24th, 2018

Remote control of transport through nanopores: New study outlines key factors affecting the transfer of molecules through biological channels May 24th, 2018

2018 Kavli Prizes in Astrophysics, Nanoscience, and Neuroscience to be Announced Live on May 31: Live announcement at the Norwegian Academy of Science and Letters to be streamed live at World Science Festival Event May 24th, 2018

'Spooky action at a distance': Researchers develop module for quantum repeater May 23rd, 2018

Materials/Metamaterials

Making carbon nanotubes as usable as common plastics: Researchers discover that cresols disperse carbon nanotubes at unprecedentedly high concentrations May 15th, 2018

Mining for gold with a computer: Texas A&M team gleans new insights on key material May 3rd, 2018

'Exceptional' research points way toward quantum discoveries: Rice University scientists make tunable light-matter couplings in nanotube films April 30th, 2018

The first PE blown films with nanotubes hit the Chinese market April 26th, 2018

Announcements

Tunable diamond string may hold key to quantum memory: A process similar to guitar tuning improves storage time of quantum memory May 24th, 2018

Remote control of transport through nanopores: New study outlines key factors affecting the transfer of molecules through biological channels May 24th, 2018

2018 Kavli Prizes in Astrophysics, Nanoscience, and Neuroscience to be Announced Live on May 31: Live announcement at the Norwegian Academy of Science and Letters to be streamed live at World Science Festival Event May 24th, 2018

'Spooky action at a distance': Researchers develop module for quantum repeater May 23rd, 2018

Energy

Remote control of transport through nanopores: New study outlines key factors affecting the transfer of molecules through biological channels May 24th, 2018

Team achieves two-electron chemical reactions using light energy, gold May 15th, 2018

Hematene joins parade of new 2D materials: Rice University-led team extracts 3-atom-thick sheets from common iron oxide May 8th, 2018

A designer's toolkit for constructing complex nanoparticles May 5th, 2018

Industrial

Magnesium magnificent for plasmonic applications: Rice University, University of Cambridge synthesize and test nanoparticles of abundant material May 22nd, 2018

Watching nanomaterials form in 4D: Novel technology allows researchers to see dynamic reactions as they happen at the nanoscale April 26th, 2018

Leti and Inac Show Path to Creating Building Blocks of Quantum Processors With 28Si isotope in a CMOS Line: Fabrication of Isotopically Enriched, Industry-Compatible Wafers Points Way To Realizing Silicon Spin Quantum Bits with Enhanced Fidelity March 20th, 2018

Glass matters: UCSB researchers find that the chemical topology of silica can influence the effectiveness of many chemical processes that use it March 14th, 2018

New-Contracts/Sales/Customers

The first PE blown films with nanotubes hit the Chinese market April 26th, 2018

Deep Space Industries to provide Comet satellite propulsion for BlackSky, LeoStella April 3rd, 2018

STMicroelectronics Selects GLOBALFOUNDRIES 22FDX to Extend Its FD-SOI Platform and Technology Leadership : GFs FDX technology will enable ST to deliver high-performance, low-power products for next-generation consumer and industrial applications January 9th, 2018

Solid State Laser manufacturer Lasertel Inc. purchases an Oxford Instruments ICPCVD advanced deposition solution for improved device performance November 3rd, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project