Home / Knowledge / News / Textiles / NanoFan ties up with Industrial Nanotech Inc
NanoFan ties up with Industrial Nanotech Inc
09
Sep '08
Industrial Nanotech Inc, an emerging global leader in nanotechnology, announced that NanoFan General Trading, a company that specializes in industrial solutions to petrochemical facilities and other heavy industry, has purchased the exclusive distributorship rights for the Company's product line in the United Arab Emirates.

Prior to acquiring the distributor rights for Industrial Nanotech's product line, NanoFan had already successfully completed several pilot projects utilizing the Company's patented Nansulate energy saving industrial protective coatings at petrochemical facilities in the Middle East. NanoFan General Trading is based in Ajman, United Arab Emirates.

"We are very pleased to be working with this strong, well established and progressive company," stated Francesca Crolley, V.P. Of Operations & Marketing for Industrial Nanotech Inc.

"Nanofan's experience in industry and innovative introduction of new technologies have already been a benefit for Nansulate in the petrochemical industry. This is an important target market for us and the Middle East is rich with opportunity for our products.

We are impressed with the projects that NanoFan has already completed in this industry and look forward to the substantial revenue stream anticipated from their upcoming projects. Nanofan provides us with a strong partner in this important region to expand our market share not only the petrochemical market, but other important industrial and oil and gas target markets as well."

With more than 40% of all pending global petrochemical capacity to be built by 2011 scheduled for the Middle East, the region is becoming the world's petrochemical hub.

Companies such as Saudi Basic Industries Corp, the world's largest petrochemical maker by market value, and Dow Chemical Co. are investing in regional petrochemical production to take advantage of buoyant global demand, particularly from Asia, and the comparatively cheap local price of natural gas, commonly used to make chemicals and plastics.

Industrial Nanotech Inc


Must ReadView All

Textiles | On 29th Jun 2017

Nan Ya files trade petition in US against Korea & Taiwan

Nan Ya Plastics Corporation, America, a US synthetic fibre producer,...

Textiles | On 29th Jun 2017

Indian textile industry will reach new milestone by 2020

By 2020, textile technologies will be highly advanced not only with...

Apparel/Garments | On 29th Jun 2017

Amazon intends to keep investing and growing in India

American online retail giant Amazon intends to keep investing and...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X