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Industrial Nanotech, Inc. (OTC-PINK INTK), an emerging global leader in nanotechnology based energy saving solutions, is pleased to announce that they have received and accepted an invitation from the steering committee to present at PaperTech 2014, the annual conference that focuses on improvements and new technologies for use in India's pulp and paper industry. The well documented performance attributes of the Company's patented line of nanotechnology based insulation and corrosion prevention coatings for providing energy savings and asset protection in manufacturing industries will be presented. The event will be held June 20-21 in Hyderabad.
Case studies for paper mills in India and the United States, as well as other case studies can be found at: www.nansulatetestimonials.com.
There is an increased focus in India by pulp and paper and other manufacturers on energy savings as liquid natural gas prices increase. According to Bloomberg News, India's cabinet agreed to a price increase to double the $4.2 per million Btu price to $8.4 per million Btu starting April 2014. Conservation of energy is vital to the pulp and paper industry in India, which is expected to grow at the CAGR of around 9.6% during 2012-2017, which will make their revenues reach up to USD 11.83 Billion by 2017.
About Industrial Nanotech, Inc.
Industrial Nanotech Inc. is a global nanoscience solutions research and development leader. The Company develops and commercializes new and innovative applications for sustainable nanotechnology which are sold worldwide, including the Company's patented product line of award winning, specialty coatings containing a nanotechnology based material and which provide the combined performance qualities of energy savings, thermal insulation, corrosion resistance, prevention of CUI, moisture resistance, chemical resistance, and other protective benefits.
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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Industrial Nanotech, Inc.
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