Cemtrex Receives Order for Mercury Emission Monitoring System
October 13 2005 - 12:50PM
PR Newswire (US)
FARMINGDALE, N.Y., Oct. 13 /PRNewswire-FirstCall/ -- Cemtrex Inc.
(OTC:CTEX) announced that it has received an order for its mercury
emission monitoring system to be installed on a ferrous metal
furnace stack in New Jersey. The system will be complete with
analyzer, probes, sample lines, and software needed for a real-time
automatic operation. On March 15, 2005, the EPA issued its ruling
to reduce mercury emissions through a cap-and-trade system that
allows emitters to buy and sell mercury emission on a national
level. The rule calls for a cap of mercury emissions at 38 tons per
year by 2010 - down from 48 tons at present. As a result of this
ruling power plants and other industrial boilers and furnaces must
first monitor their emissions and then decide either to reduce
their emissions through trading or through purchase of mercury
reduction equipment. "We are seeing an increased level of inquiries
for our mercury monitoring system," said Aron Govil, President and
CEO of Cemtrex, "and expect this product line to be an important
part of our future growth." Cemtrex is engaged in manufacturing and
selling the most advanced and custom engineered equipment and
systems for clean energy and emission monitoring markets. The
Company's products are sold to power plants, refineries, chemical
plants, cement plants and other industries including federal and
state governmental agencies. Safe Harbor Statement This press
release contains forward-looking statements. Actual results could
differ materially from those projected in the forward-looking
statements as a result of a number of risks and uncertainties.
Statements made herein are as of the date of this press release and
should not be relied upon as of any subsequent date. For further
information please contact: Cemtrex Inc. 19 Engineers Lane
Farmingdale, NY 11735 URL: http://www.cemtrex.com/ Email: Direct:
(516) 816-1400 This release was issued through eReleases(TM). For
more information, visit http://www.ereleases.com/. DATASOURCE:
Cemtrex Inc. CONTACT: Cemtrex Inc., +1-516-816-1400, Web site:
http://www.cemtrex.com/
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