FARMINGDALE, N.Y., July 6 /PRNewswire-FirstCall/ -- Cemtrex, Inc.
(OTC: CTEX) announced that it has expanded its current product applications
into measurement of greenhouse gases involved in global warming such as carbon
dioxide, nitrogen oxide, and methane. These gases are generated during
combustion of fossil fuel in power plants.
The emission of greenhouse gases and their contribution to global warming
are policy issues being debated by Congress and the Administration. According
to the Kyoto Protocol, in which the developed nations agreed to limit their
greenhouse gas emissions, relative to the levels emitted in 1990, the United
States agreed to reduce emissions from 1990 levels by 7 percent during the
period 2008 to 2012.
"The Kyoto Protocol as a result of global warming and the greenhouse
effect stimulates investment in emissions reduction, therefore sensitive
instruments are needed to verify and validate the emission improvements," said
Mr. Aron Govil, President & CEO of Cemtrex. "And we expect to see a
tremendous increase in applications from fossil fuel burning industries, such
as iron and steel, pulp and paper, utilities, oil and petrochemical, ceramics,
mining, food, and textiles, including various combustion facilities, such as
incinerators and boilers."
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:
19 Engineers Lane
Farmingdale, NY 11735
(631) 756-9116 ext. 24
Direct: (516) 816-1400
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SOURCE Cemtrex, Inc.