Nansulate® Thermal Insulation and Asset Protection Coatings Offer Long-Term Solutions for Offshore Oil and Gas Platforms
April 01 2010 - 8:23AM
Business Wire
Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global
leader in nanoscience energy saving solutions, reported today that
the Company's Nansulate® Translucent PT thermal insulation and
corrosion resistant coating provides effective insulation and
corrosion prevention for oil pipelines in marine environments.
Nansulate® was used effectively for protecting oil pipelines on a
Sipetrol owned AM6 platform off the coast of Argentina. The product
was applied to pipe that transfers petroleum from the vertical
separators to the connection of the pumps that impulse the fluid to
the AM3 platform. Nansulate® Translucent PT was applied in three
coats for a total average thickness of 350 microns. Surface
temperature of pipeline was measured to determine reduction of heat
loss from petroleum products. Prior to application, the average
temperature of the pipeline exterior was 140F (60C). With
Nansulate® PT the average temperature of the pipeline exterior was
107.6F (42C), for a temperature reduction of 30%.
"Nansulate® industrial coatings perform extremely well in the
severe marine environment of offshore platforms,” stated Francesca
Crolley, V.P. Business Development for Industrial Nanotech, Inc.
“The Sipetrol application was done in 2005 and continues to be an
excellent example of the reason Nansulate® technology was first
envisioned - as a solution for corrosion under insulation and to
provide effective thermal insulation that did not degrade over time
due to moisture infiltration. Nansulate coatings offer exceptional
corrosion resistance combined with powerful insulating ability in a
clear coating that allows visual inspection of the pipeline without
need for expensive removal. The water-based acrylic coatings have
passed one of the more stringent accelerated corrosion tests, the
GM9540P, at 24 cycles with no red rust present. The minimum for
corrosion coatings is 8 cycles. They also have been tested for CUI
and thermal conductivity according to BP (British Petroleum)
standards for pipelines and are rated Class A for flame spread
(ASTM E84).”
Photos and case study information on the Sipetrol application
can be found at:
http://www.nansulate.com/green_projects_offshoreplatform.htm.
The GM9540P accelerated corrosion test details and pictures can
be found at:
http://www.nansulate.com/corrosion_prevention_data.htm
Sipetrol, a private division of ENAP, a global oil and resource
based company with 2009 consolidated revenues of just over $7
billion dollars US, is owned by the Chilean Government. The
company’s main activity is exploring, exploiting and marketing of
hydrocarbons and its derivatives. ENAP has the following
subsidiaries: ENAP Refinerías S.A., ENAP Sipetrol S.A., Petro
Servicio Corp. S.A. and Gas de Chile S.A. and also has branches in
Argentina and Ecuador.
About Nansulate(R)
Nansulate(R) is the Company's patented product line of award
winning, specialty coatings containing a nanotechnology based
material and which are well-documented to provide the combined
performance qualities of thermal insulation, corrosion prevention,
resistance to mold growth, fire resistance, chemical resistance and
lead encapsulation in an environmentally safe, water-based, coating
formulation. The Nansulate(R) Product Line includes industrial,
residential, agricultural and solar thermal insulation coatings.
Additional information about the Company and its products can be
found at their websites, (www.industrial-nanotech.com) and
(www.nansulate.com). Blog: www.nansulate.com/nanoblog, Twitter:
www.twitter.com/NanoPioneer.
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is a global nanoscience solutions and
research leader and member of the U.S. Greenbuilding Council and
the American Solar Energy Society. The Company develops and
commercializes new and innovative applications for nanotechnology
which are sold worldwide.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This release includes forward-looking
statements made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995 that involve risks
and uncertainties including, but not limited to, the impact of
competitive products, the ability to meet customer demand, the
ability to manage growth, acquisitions of technology, equipment, or
human resources, the effect of economic and business conditions,
and the ability to attract and retain skilled personnel. The
Company is not obligated to revise or update any forward-looking
statements in order to reflect events or circumstances that may
arise after the date of this release.
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