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Petrobras & Industrial Nanotech collaborate for Nansulate EPX
23
May '08
Industrial Nanotech Inc an emerging global leader in nanotechnology, announced that a technical executive from Petrobras will be traveling to the US this summer and spending several days with Mr. Burchill, CEO/CTO of Industrial Nanotech Inc and his team of scientists at one of the Company's laboratories to outline project specifications for Nansulate EPX, the Company's newest patented energy efficient product, on several major Petrobras projects.

These are in addition to the previously announced 250 kilometer pipeline project the Company is involved in which is scheduled to begin in Q3 2008.

“Subsequent to my recent visits to Brazil, at the invitation of Petrobras, which included meetings with engineers from several departments at their headquarters in Rio De Janeiro and several days traveling with them to pipeline installation projects in the region outside of Salvador, they expressed an interest in a material with certain specific performance characteristics,” states Stuart Burchill, CEO/CTO of Industrial Nanotech Inc.

“Upon learning about the capabilities of our new Nansulate EPX product during my phone conversation with them this week, they requested several days of meetings at our laboratory in New Jersey to specify the material for additional projects they have planned.

We firmly believe that this one-of-a-kind material with its unique and extraordinary capabilities will be applicable in many areas of their pipeline, refinery, andoffshore projects and look forward to their visit.”


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