Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

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

Measuring the Smallest Magnets July 28th, 2014

WITec to host the 11th Confocal Raman Imaging Symposium from September 29th - October 1st in Ulm, Germany July 28th, 2014

FEI adds Phase Plate Technology and Titan Halo TEM to its Structural Biology Product Portfolio: New solutions provide the high-quality imaging and contrast necessary to analyze the 3D structure of molecules and molecular complexes July 28th, 2014

Production of Toxic Gas Sensor Based on Nanorods July 28th, 2014

Materials/Metamaterials

Seeing is bead-lieving: Rice University scientists create model 'bead-spring' chains with tunable properties July 28th, 2014

Silicene Labs Announces the Launch of 2D Materials Briefing Book™ and 2D Materials Road-Heat Map™: Contributors Include One of the World's Foremost 2D Materials Scientists July 25th, 2014

Silicene Labs Announces the Launch of Patent-Pending, 2D Materials Composite Index™ : The Initial 2D Materials Composite Index™ for Q2 2014 Is: 857.3; Founders Include World-Renowned Physicist and Seasoned Business and IP Professionals July 24th, 2014

Iranian Scientists Produce Transparent Nanocomposite Coatings with Longer Lifetime July 24th, 2014

Announcements

Measuring the Smallest Magnets July 28th, 2014

WITec to host the 11th Confocal Raman Imaging Symposium from September 29th - October 1st in Ulm, Germany July 28th, 2014

FEI adds Phase Plate Technology and Titan Halo TEM to its Structural Biology Product Portfolio: New solutions provide the high-quality imaging and contrast necessary to analyze the 3D structure of molecules and molecular complexes July 28th, 2014

Production of Toxic Gas Sensor Based on Nanorods July 28th, 2014

Energy

Oregon chemists eye improved thin films with metal substitution: Solution-based inorganic process could drive more efficient electronics and solar devices July 21st, 2014

Steam from the sun: New spongelike structure converts solar energy into steam July 21st, 2014

3-D nanostructure could benefit nanoelectronics, gas storage: Rice U. researchers predict functional advantages of 3-D boron nitride July 15th, 2014

Nanotechnology that will impact the Security & Defense sectors to be discussed at NanoSD2014 conference July 8th, 2014

Industrial

Iranian Scientists Produce Transparent Nanocomposite Coatings with Longer Lifetime July 24th, 2014

Compact Vibration Harvester Power Supply with Highest Efficiency Opens Door to “Fix-and-Forget” Sensor Nodes July 23rd, 2014

Non-Enzyme Sensor Detects Lead, Hydrogen Peroxide July 10th, 2014

New Method Introduced for Synthesis of Hydroxyapatite Nanoparticles July 5th, 2014

New-Contracts/Sales/Customers

STFC takes delivery of the 100th Hitachi Tabletop SEM in the UK July 3rd, 2014

University of Maastricht Adds Complete Correlative Workflow from FEI to its Institute of Nanoscopy June 23rd, 2014

LatticeGear Sells First LatticeAx 300 Cleaving System to X-FAB: LatticeAx 300 provides fast, accurate cross-sectioning of samples for analysis — more accurately than manual methods and faster and less expensively than automated systems June 9th, 2014

UMass Amherst Purchases Nanonex Advanced 8" NIL Tool NX-2608BA May 28th, 2014

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







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE