Consumables

Industrial Nanotech, Inc. Accepts Invitation to Provide Technical Presentation at International Conference on Energy Saving Solutions for Pulp and Paper Industry

Friday 30. May 2014 - Industrial Nanotech, Inc. (OTC-PINK: INTK), an emerging global leader in nanotechnology based energy saving solutions, is pleased to announce that they have received and accepted an invitation from the steering committee to present at PaperTech 2014, the annual conference that focuses on improvements and new technologies for use in India's pulp and paper industry.

The well documented performance attributes of the Company’s patented line of nanotechnology based insulation and corrosion prevention coatings for providing energy savings and asset protection in manufacturing industries will be presented. The event will be held June 20-21 in Hyderabad.
There is an increased focus in India by pulp and paper and other manufacturers on energy savings as liquid natural gas prices increase. According to Bloomberg News, India’s cabinet agreed to a price increase to double the $4.2 per million Btu price to $8.4 per million Btu starting April 2014. Conservation of energy is vital to the pulp and paper industry in India, which is expected to grow at the CAGR of around 9.6% during 2012-2017, which will make their revenues reach up to USD 11.83 Billion by 2017.