Market Pulse Breaking News Alert for Tuesday, December 15, 2009: CTEI -- Cemtrex's Green DCV Approved for Energy Management Syst
2009年12月15日 - 10:45PM
Marketwired
Market Pulse News Alert for this AM, Stocks to Watch are: Cemtrex
Inc. (OTCBB: CTEI), JA Solar Holdings Co. Ltd. (NASDAQ: JASO), Sun
Microsystems Inc. (NASDAQ: JAVA) and XTO Energy Inc. (NYSE: XTO).
Investors need to be watching Cemtrex Inc. (OTCBB: CTEI) this
AM! Cemtrex is a worldwide market leader in manufacturing and
selling the most advanced equipment, instruments and software for
emission monitoring of particulate, opacity, mercury, sulfur
dioxide, nitrogen oxides, etc. and filtration products. Emissions
monitoring is vital in ensuring that the mandated reductions of
Greenhouse gases and SOx, NOx and CO2 under Acid Rain and Kyoto
programs are achieved. Cemtrex is a proven leader in providing
environmental solutions to the chemicals, pulp and paper, steel,
power, coal, and petrochemical industries, as well as to
municipalities, hospitals, and state and federal governments. The
company's current products include the following: Opacity monitor:
Compliance & non-compliance types; Extractive Continuous
Emission Monitors; Ammonia Analyzer; Mercury Analyzer; Carbon
dioxide and other green house gas monitors. Through its wholly
owned subsidiary Griffin Filters, Cemtrex serves the worldwide
industrial and concrete markets, providing innovative designs for
air pollution control applications in addition to solids processing
and product recovery applications. Cemtrex also markets Green
Demand-Controlled ventilation (Green DCV), an innovative energy
efficiency solution for high-quality green building applications,
through optimizing HVAC control systems. Cemtrex's Green DCV
creates up to 40% energy savings and improves indoor air quality by
enhancing the ventilation of any building. Green DCV's
revolutionary design differs from traditional demand control
ventilation by being more intelligent, cost effective, and
efficient. Cemtrex also provides turnkey services for carbon
creation projects from abatement of greenhouse gases pursuant to
Kyoto protocol and assists project owners in creating and selling
of carbon credits globally. Cemtrex recently announced it has
entered into an agreement with a South American coal mine company
to develop, supply and construct a coal mine methane (CMM) project
to create carbon credits. This CMM project will be developed under
the United Nations Framework Convention on Climate Change's Clean
Development Mechanism, and will generate over 100,000 carbon
credits per year. "This CMM project will capture and destroy over
97% of all methane emissions from the coal mines by utilizing
various cost-effective technologies," said Arun Govil, CEO &
President of Cemtrex. "We anticipate this project to be operational
by the end of 2010." The world market for emission monitoring
instruments will exceed $2.6 billion/yr by 2011 up from $1.0
billion in 2008. Asia will be the fast growing region as it
struggles to solve severe air pollution problems. Eastern European
countries represent another growth sector. Cemtrex expects
tremendous growth for its Green House gas reduction technologies,
carbon credits, energy efficiency products, and emission monitoring
system in the coming years due to global warming and world focus on
reducing green house gas emissions. Cemtrex sees new opportunities
emerging due to the boost received by the current administration's
"cap and trade" climate change initiative to fight global warming.
This is a market-driven system for reducing greenhouse gas
emissions. With the adoption of cap-and-trade programs by the
United States and other nations the carbon credits market is
expected to reach over $700 billion in 2013. Cemtrex Inc. is poised
to become a significant player in the scientific and technical
instruments technology industry! CTEI just had excellent news out
in a press release before today's bell announcing that Xcel Energy
of Colorado shall give a 20% rebate to customers who install
Cemtrex's Green DCV equipment as part of energy management system
in their buildings! The company also said they are working with
several utilities nationwide to setup a similar rebate program
which would create additional incentives for increased sales! This
could be great news for investors!
Cemtrex, Inc. (OTCBB: CTEI) announced that Xcel Energy of
Colorado shall give a 20% rebate to customers who install Cemtrex's
Green DCV equipment as part of energy management system in their
buildings.
"Our Green DCV system provides over 40% cost savings in the
electric bill and now with this additional 20% rebate the payback
period is substantially reduced," said Mr. Arun Govil, CEO &
President of Cemtrex, "We are working with several utilities
nationwide to setup a similar rebate program which would create
additional incentives for increased sales of our Green DCV
equipment in commercial buildings," continued Mr. Govil.
Cemtrex's Green-DCV system uses carbon dioxide (CO2) sensors to
monitor CO2 levels inside a building, and then regulate the
air-handling system to save energy and improve air quality. Cemtrex
Green-DCV can provide up to 40% energy savings in buildings where
occupancy fluctuates during a 24-hour period, such as: office
buildings, government facilities, shopping malls, movie theaters,
restaurants & schools.
Cemtrex, Inc is a worldwide market leader in manufacturing and
selling the most advanced instruments for emission monitoring of
particulate, opacity, mercury, sulfur dioxide, nitrogen oxides,
etc. and filtration products for the industry. Cemtrex also markets
Green DCV, an innovative energy efficiency solution for
high-quality green building applications, through optimizing HVAC
control systems. Cemtrex provides technologies and services for
abatement of greenhouse gases pursuant to Kyoto protocol and
assists customers in creating and selling carbon credits from such
projects. The Company's products are sold to power plants,
refineries, chemical plants, cement plants and other industries,
including federal and state governmental agencies.
Stocks in the news and acting well as of late include: JA Solar
Holdings Co. Ltd. (NASDAQ: JASO), Sun Microsystems Inc. (NASDAQ:
JAVA) and XTO Energy Inc. (NYSE: XTO).
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