Free Articles
Events
Partners & Resources
June 17, 2008
Industrial Nanotech Is Doing It Right
This article appears in "Nano News Free Article" in the "June 17, 2008" issue.
Although most penny stocks are best avoided, there’s one I’ve been following for some time—Industrial Nanotech. I really think it has a unique product and a good business plan.
That means it’s a good investment.
To describe what the company does isn’t exactly easy, so it’s best to let Google Finance’s description do the work:
Industrial
Nanotech (www.industrial-nanotech.com) develops and commercializes
applications for nanotechnology. The Company funds and participates in
research with scientists and laboratories, including the United States
Center for Integrated Nanotechnology (CINT) and Princeton Polymers
Laboratories, Inc. Nansulate, which is an insulation and corrosion
solution, is the Company’s nanotechnology product. The Company’s
insulation and corrosion protection coating product line consists of
Nansulate PT, for pipes and tanks, Nansulate GP, for other substrates,
and NanoPrime. Nansulate thermal insulation is used in various
industries, such as oil and gas, petrochemical, marine, automotive,
pharmaceutical and construction. Its home and industrial applications
include attic insulation, ceiling and wall insulation, duct insulation,
basement pipe insulation, hot water heater insulation, mold resistance,
metal building insulation and tank insulation.
And now it has a new line of Nansulate that’s attracted the attention of one of the company’s most important clients, Petrobras, one of the world’s largest oil and gas companies. What makes its relationship with Petrobras even more intriguing is the fact that, in the past nine months, Brazil has made three major offshore finds, which may turn the country into the Saudi Arabia of the 21st century.
And much of the refining, pipeline and deepwater drilling would benefit from a coating or two of Nansulate EX. Industrial Nanotech already has a contract to coat 250 kilometers of Petrobras pipeline with Nanosulate. As this relationship increases, so will revenues.
Industrial Nanotech is also expanding into the consumer market, with thermal sealants for houses and residential structures. And the company just opened a new facility in New Jersey, which will help expand production and make its products more cost-competitive as well as create more advantages over conventional paints and wall coverings.
Last, the company is well established in Europe and is now seeing increased demand in Malaysia, Indonesia and the Middle East.
Although this isn’t a sexy sector or a story that will wow your golf buddies, this is the kind of product and sector where a small company can make a big score—and so can investors. Granted, there’s no guarantee this company will make it to the big leagues. But it certainly has a real shot.