Cemtrex Expects Growth in Opacity Monitors from MACT Boiler Emission Standards
February 14 2007 - 12:40PM
PR Newswire (US)
FARMINGDALE, N.Y., Feb. 14 /PRNewswire-FirstCall/ -- Cemtrex Inc.
(OTC:CTEX) announced today that as a result of the new Maximum
Achievable Control Technology (MACT) standards issued by the EPA,
over 42,000 boilers would have to install compliance emission
monitoring equipment within the next two years, including opacity
monitors. The boilers that would be impacted by MACT would be the
ones that burn any amount of solid fuel with a nameplate capacity
greater than 10 million Btus per hour. "All of these 42,000 boilers
would require continuous opacity monitors to comply with these
regulations," said Mr. Aron Govil, CEO and president of Cemtrex.
"With our state-of-the-art and cost-effective laser opacity monitor
we are anticipating good activity in the coming years." Cemtrex
provides turnkey services for carbon creation projects from
abatement of greenhouse gases pursuant to the Kyoto Protocol and
assists project owners in the buying and selling of carbon credits
globally. Cemtrex, through its MIP division, is engaged in
manufacturing and selling the most advanced and custom-engineered
instruments for emission monitoring. 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:
Cemtrex Inc. 19 Engineers Lane, Farmingdale, NY 11735 URL:
http://www.cemtrex.com/; Email: (516) 816-1400 DATASOURCE: Cemtrex
Inc. CONTACT: Cemtrex Inc., +1-516-816-1400, Email: Web site:
http://www.cemtrex.com/
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