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Industrial Nanotech, Inc. Product Proven to Reduce Fuel Consumption by 30% for Ocean Freighters -- Reduces Costs, Pollution, Carbon Emissions
Industrial Nanotech, Inc. Product Proven to Reduce Fuel Consumption by 30% for Ocean Freighters -- Reduces Costs, Pollution, Carbon Emissions.
About this update from Industrial Nanotech, Inc.
[{"type":"text","content":"\n \n \n Industrial Nanotech, Inc. Product Proven to Reduce Fuel Consumption by 30% for Ocean Freighters -- Reduces Costs, Pollution, Carbon Emissions\n \n \nIndustrial Nanotech, Inc. Product Proven to Reduce Fuel Consumption by 30% for Ocean Freighters -- Reduces Costs, Pollution, Carbon Emissions\n \n NAPLES, FL--(Marketwired - Dec 7, 2015) -  Industrial Nanotech, Inc. (OTC PINK: INTK), a global leader in nanotechnology-based energy saving solutions, today announced the completion of a successful project with their patented Nansulate® High Heat temperature control coating (TCC) to insulate and prevent corrosion on the heavy fuel oil (HFO) system of a container vessel. The coating was documented to reduce the diesel fuel used to heat the HFO system by 30%, reducing the daily diesel fuel use by 360 liters per 24 hours, which equates to more than 7,500 liters of diesel fuel saved during a typical 21 day round trip Asia/US/Asia journey, equivalent to approximately $3,525 USD or more in cost savings. \n The project was undertaken on a 3,725 TEU container vessel. The Company's High Heat insulating and anti-corrosion coating was applied to the HFO tanks and tubular system at a coverage of 6-coats, totaling a 0.20 millimeter final dry film thickness. The cost of application and materials used to insulate the HFO tanks and tubular systems was $16,100 USD. The return on investment was achieved after 95 days of sailing.\n \"This project, completed by an established Dutch maritime company, provides an entry into the maritime industry,\" stated Francesca Crolley, V.P. Business Development for Industrial Nanotech, Inc. \"A savings of thirty percent in diesel fuel costs for the HFO systems aboard container ships, cruise ships, and other vessel types and with such a short payback period is significant. Additionally, that savings doesn't reflect the benefit of reduced replacement and maintenance costs from protecting the HFO system from corrosion. Our coatings are uniquely suited to the marine environment because of their excellent corrosion, salt spray and salt air resistance. Besides the positive impact this has on the bottom line of the vessel operators and potential reduced shipping costs, it also means great things for the reduction of carbon emissions and running more sustainable ocean voyages. If we use the well-to-wheel fuel ...