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Posted: December 8, 2008
Industrial Nanotech Receives First Major Order from China
(Nanowerk News) Industrial Nanotech, Inc. today announced that the Company has received an order for 12,000 gallons of its patented Nansulate® nanotechology-based coatings from Golden Horse Real Estate Co., Ltd in China. The retail value of the order is $863,400 US.
“This represents a significant breakthrough in our persistent efforts to penetrate this major world economy,” states Francesca Crolley, VP of Operations and Marketing for Industrial Nanotech, Inc. “The order for 12,000 gallons of our patented Nansulate energy saving protective coatings includes 4000 gallons of Nansulate High Heat, designed for high temperature industrial applications, 4000 gallons of Nansulate PT, designed for industrial pipes and tanks, and 4000 gallons of Nansulate HomeProtect Clearcoat, designed for residential applications. These represent our top selling products in the building, manufacturing, and industrial markets. We currently expect to ship this order in the 1st quarter of 2009.”
Nansulate® is the Company's patented product line of 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, and lead encapsulation in an environmentally safe, water-based, coating formulation. The Nansulate® Product Line includes both industrial and residential coatings.
Additional information about the Company and its products can be found at their websites, (www.industrial-nanotech.com) and (www.nansulate.com).