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InvestorNewsBreaks – Industrial Nanotech Inc. (INTK) Launches New Insulation Product for High-Temp, Energy Intensive Equipment
Industrial Nanotech (OTC: INTK), a global nanoscience solutions and research leader, today announced its launch of SteelTile(TM) (U.S. and international patents pending), a new extreme high-temperature thermal insulation product for use on steel mill furnaces and other high-temperature, energy intensive industrial equipment. The company’s first specification, prepared for US Steel, shows $1,722,220.81 in annual energy savings for just one of their large steel mill furnaces. SteelTile(TM) for that large furnace cost the customer $1,129,944.00, reflecting a payback period of 7.87 months for the customer to recoup their initial investment and a savings of $1,722,220.81 per every 12-month period thereafter. “We are very confident that this new product is going to be popular,” said Stuart Burchill, CEO/CTO of Industrial Nanotech, “and add substantially to our growing revenue stream, save our customers a significant amount of money, and continue to contribute to our mission of reducing global warming while simultaneously increasing the profitably of our company and our customers.”
To view the full press release, visit https://ibn.fm/FsVam
About Industrial Nanotech Inc.
Industrial Nanotech is a global nanoscience solutions and product development leader. For more information, visit the company’s website at www.Industrial-Nanotech.com.
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