Cemtrex Secures Emission Monitoring System Contract in Uruguay
FARMINGDALE, N.Y., March 25 /PRNewswire-FirstCall/ -- Cemtrex Inc. (OTC: CTEI) announced the award of a $1.3 million contract received from the National Administration of Power Plants and Electric Transmissions of Uruguay (UTE) to design, supply, and install complete Continuous Emissions Monitoring Systems (CEMS) for eight stacks with redundant systems for emissions reporting and compliance. The CEMS will be installed at Jose Batlle y Ordonez Station in Montevideo, Uruguay and will measure and report emissions of SO 2, CO, NO, NO 2, O 2 and particulate matter.
UTE chose Cemtrex's Integrated CEMS packages and laser opacity monitors for this plant because of unique advantages featuring functionality, ease of operation, durability and low-maintenance cost. In addition to the CEMS, Cemtrex will also install an Ambient Air Monitoring Station at this plant for ambient parameters like SO 2, NO, NO 2, Wind Speed, Wind Direction, Air Pressure, Humidity and Air Temperature along with data loggers for continuous reporting and data acquisition. The total contract value of the CEMS and Air Monitoring Station amounts to $1.3 million.
"By winning this contract, amid global competition, we have demonstrated the superiority of our technology and the corporate resources to develop international business worldwide," said Ravi Narayan, Vice President of Business Development for Cemtrex. "We have forged a strong relationship with local environmental and government authorities as well as established local partners in the process of attaining this contract and hence open new avenues to secure more projects in the future."
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 and assists customers in developing carbon credit projects. 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.
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SOURCE Cemtrex Inc.
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