Cemtrex to Pursue Emissions Monitoring on Marine Ships

Name	Symbol	Market	Type
Proshares S&P Kensho Cleantech ETF	AMEX:CTEX	AMEX	Exchange Traded Fund

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
	0.983	4.19%	24.4537	23.52	23.52	23.52	14	01:00:00

Price Change

% Change

Price

High Price

Low Price

Open Price

Traded

Last Trade

0.983

4.19%

24.4537

23.52

01:00:00

Cemtrex to Pursue Emissions Monitoring on Marine Ships

23/02/2007 4:06pm

PR Newswire (US)

Proshares S&P Kensho Cle... (AMEX:CTEX)
Historical Stock Chart

From May 2019 to May 2024

Click Here for more Proshares S&P Kensho Cle... Charts.

FARMINGDALE, N.Y., Feb. 23 /PRNewswire-FirstCall/ -- Cemtrex Inc. (OTC:CTEX) announced that it is pursuing the emissions monitoring market for marine ships and cruise lines for measurement of nitrogen oxide and smoke. The International Maritime Organization (IMO) adopted Annex VI of MARPOL that provides regulations for the prevention of air pollution from ships. The Marine Environment Protection Committee (MEPC) of the IMO subsequently passed several subsidiary regulations. "Diesel engines with a power output of more than 130 kWh have to meet the requirements of NOx emission and this applies to ships constructed on/after January 1, 2000 and engines that undergo major conversion on/after January 1, 2000," said Mr. Aron Govil, CEO & President of Cemtrex. "There are three options for ship owners to document compliance with the NOx requirements of a ship after the initial survey such as engine parameter check, on-board simplified measurement, and on-board direct measurement and monitoring." Cemtrex is pursuing various projects with large fleets of cruise lines to implement the NOx and Smoke Monitors to comply with the code. Cemtrex's NOx analyzer works in extreme conditions expected in marine applications where excessive vibrations and saline atmosphere would adversely affect the performance of other conventional CEMS. 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 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, Email: Web site: http://www.cemtrex.com/

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

CTEX Proshares S&P Kensho Cleantech ETF