Cemtrex to Develop Carbon Credits Through Nitrous Oxide Abatement Projects
FARMINGDALE, N.Y., Aug. 15 /PRNewswire-FirstCall/ -- Cemtrex, Inc. (OTC: CTEX) announced that it is actively involved as a developer and as a consultant in global projects to reduce the emissions of nitrous oxide, a greenhouse gas with global warming potential of 310. "We work with companies that are currently emitting nitrous oxide to select the best abatement technology that would maximize the generation of carbon credits and take on turnkey responsibility for preparation of the requisite CDM documents and sales of CERs," said Mr. Aron Govil, President and CEO of Cemtrex, Inc. "We provide equity investment in project and monitoring support for its duration." Cemtrex provides turnkey services for carbon creation projects from abatement of greenhouse gases pursuant to the Kyoto Protocol. Cemtrex through its MIP-Ducon division is engaged in manufacturing and selling the most advanced and custom-engineered instruments for emission monitoring. 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: email@example.com (516) 816-1400 This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
SOURCE Cemtrex, Inc.
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