FARMINGDALE, N.Y., June 12 /PRNewswire-FirstCall/ -- Cemtrex, Inc.
(OTC: CTEX) announced that it is involved in Ventilation Air Methane (VAM)
projects for generation of carbon credits in various parts of the globe.
Coal mine emissions of methane, a greenhouse gas with global warming
potential of 21 times the carbon dioxide, can be used to generate carbon
credits. Ventilation air streams in underground coal mines range from 50 to
500 cubic meters per second with methane concentrations ranging from 0.1%
to 1.0%. "A VAM project of 100 cubic meters per second capacity can
generate approx. 300,000 tons of carbon credits per year," said Mr. Aron
Govil, CEO & President of Cemtrex. "We are able to provide turnkey services
to our clients by partnering with companies that provide energy efficient
oxidation technologies," continued Mr. Govil.
Cemtrex is engaged in manufacturing and selling the most advanced and
custom engineered equipment & systems for emission monitoring markets and
carbon credits. Company's products are sold to power plants, refineries,
chemical plants, cement plants & other industries including federal and
state Governmental agencies. Cemtrex provides turnkey services for carbon
creation projects from abatement of greenhouse gases pursuant to Kyoto
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:
19 Engineers Lane
Farmingdale, NY 11735
Direct: (516) 816-1400
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SOURCE Cemtrex, Inc.