Aug 10 2007
Industrial Nanotech, Inc., an emerging global leader in nanotechnology, announced today that its patented thermal insulation coating, Nansulate®, has qualified for use in new construction in the United Arab Emirates (UAE).
“It is estimated that there is approximately 100 billion dollars of construction either under way or planned in Dubai, UAE,” states Francesca Crolley, VP of Operations and Marketing for Industrial Nanotech, Inc. “There is now also great incentive for real estate developers to invest in energy efficient technologies for their projects, and Nansulate is a perfect solution for them. Our distributor in the UAE recently confirmed that our Nansulate product line has the necessary performance data to satisfy local building codes and qualify for use in new building construction, including commercial and residential buildings, roads, airport infrastructure, industrial parks and governmental institutions. They are now actively working with architects and engineers regarding specific projects. In one particular project, which would require 200,000 gallons of Nansulate, the developer needs a minimum 10% energy savings. Based upon the fact that our residential customers in the US consistently report a minimum of 20% - 40% energy savings after applying Nansulate, we are confident that we can meet the requirements of this project and others. They are currently preparing for field trials and we expect to have an answer on this project within the coming months.”