Jul 25 2007
Industrial Nanotech, Inc., an emerging global leader in nanotechnology, announced today the use of the Company’s nanotechnology based coating on US Navy buildings for lead abatement. Nansulate LDX is the Company’s patented innovative lead encapsulation coating and is being applied at a Pacific US Navy facility by a military contractor for encapsulation of the existing lead-based paint.
"This is a relatively small initial order, but it is a very significant breakthrough in our ongoing efforts to gain market share for Nansulate LDX throughout US Government facilities worldwide. The performance capabilities of our new environmentally safe, water based, lead abatement coating offers a new technology in lead abatement that can be applied to any substrate, forming a barrier coat to seal highly toxic lead paints," explained Francesca Crolley VP of Operations for Industrial Nanotech. "In addition to superior performance compared to traditional lead encasement coatings, Nansulate LDX offers the additional benefits which are the standard of Nansulate product line; the combination of thermal insulation, protection against corrosion, and the prevention of mold growth without the use of toxic moldicides. The ease of application, the performance criteria, and surface tolerance make Nansulate LDX a premier lead abatement coating."
Other facilities have recently utilized Nansulate LDX for superior lead encapsulation. The application of Nansulate LDX to a commercial office project by Southern Environmental Services in Marietta, Georgia was successfully completed. The 30,000 square-foot building was previously contaminated with lead. The product also offers an eco-friendly alternative for environmental remediation.
The dangers of lead-based paint have become the object of multiple state and federal mandatory health regulations. Approximately 75% of homes built prior to 1978 contain lead-based paint. According to a U.S. Environmental Protection Agency (EPA) estimate, lead abatement costs for residential units nationwide are approximately $570 billion, with another $500 billion estimated for the cleanup of commercial facilities. Within the past fifteen years, encapsulation as an abatement technique has surfaced and has become a cost-effective alternative solution, typically costing between 50 to 80% less than the cost of lead paint removal and replacement.