Industrial Nanotech Receives First Major Order from China
Industrial Nanotech, Inc. has received an order for 12,000 gallons of its patented Nansulate nanotechology-based coatings from Golden Horse Real Estate Co., Ltd. in China, marking the company’s first major order from China. The retail value of the order is $863,400.
“This represents a significant breakthrough in our persistent efforts to penetrate this major world economy,” said 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 4,000 gallons of Nansulate High Heat, designed for high temperature industrial applications; 4,000 gallons of Nansulate PT, designed for industrial pipes and tanks; and 4,000 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 first quarter of 2009.”