FARMINGDALE, N.Y., Feb. 14, 2007 — 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: ; Email: Email
(516) 816-1400
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