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CTEX Proshares S&P Kensho Cleantech ETF

21.4466
0.9343 (4.55%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Proshares S&P Kensho Cleantech ETF AMEX:CTEX AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.9343 4.55% 21.4466 21.4342 20.35 20.35 530 21:15:01

Cemtrex Receives Order for Mercury Emission Monitoring System

13/10/2005 5:50pm

PR Newswire (US)


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FARMINGDALE, N.Y., Oct. 13 /PRNewswire-FirstCall/ -- Cemtrex Inc. (OTC:CTEX) announced that it has received an order for its mercury emission monitoring system to be installed on a ferrous metal furnace stack in New Jersey. The system will be complete with analyzer, probes, sample lines, and software needed for a real-time automatic operation. On March 15, 2005, the EPA issued its ruling to reduce mercury emissions through a cap-and-trade system that allows emitters to buy and sell mercury emission on a national level. The rule calls for a cap of mercury emissions at 38 tons per year by 2010 - down from 48 tons at present. As a result of this ruling power plants and other industrial boilers and furnaces must first monitor their emissions and then decide either to reduce their emissions through trading or through purchase of mercury reduction equipment. "We are seeing an increased level of inquiries for our mercury monitoring system," said Aron Govil, President and CEO of Cemtrex, "and expect this product line to be an important part of our future growth." Cemtrex is engaged in manufacturing and selling the most advanced and custom engineered equipment and systems for clean energy and emission monitoring markets. 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: Direct: (516) 816-1400 This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com/. DATASOURCE: Cemtrex Inc. CONTACT: Cemtrex Inc., +1-516-816-1400, Web site: http://www.cemtrex.com/

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