Cemtrex (CETX) Sees Surge in Demand for its IS 2500 In-Situ NDIR Multi Gas Analyzer
By Business Wire News
By Business Wire News
Cemtrex (NASDAQ: CETX) announced today that it is seeing a surge in demand for its innovative IS 2500 Multi Gas Analyzer. The company has received multitude of orders from a diverse set of companies around the world for its proprietary state of the art emissions monitoring analyzer.
The IS 2500 Multi Gas Analyzer is an In-situ stack mounted emissions monitoring system that can measure several process gases at a fraction of the cost of comparable extractive systems. Due to recent advances in technology, Cemtrex has made it possible to have a low cost in-situ type analyzer instead of an expensive extractive type system that can deliver precise measurements of methane, carbon dioxide, oxygen, nitrogen oxides, carbon monoxide and others. The IS 2500 has a plethora of applications in virtually all manufacturing and industrial trades, from large utilities to small asphalt plants.
Cemtrex’ CEO, Saagar Govil, commented, “In many emerging economies, companies cannot afford a high priced extractive system so they are looking for our high-quality economical alternative. With the IS 2500 we have delivered exactly that. I am pleased to say that we are expanding our production capability to keep up with the strong demand.”
According to a recent report from McIlvane & Co., the worldwide CEMS market is around $1.2B with the majority of growth to be in emerging markets over the next five years.
About Cemtrex, Inc.
Cemtrex, Inc. (NASDAQ:CETX) is a world leading diversified industrial and manufacturing company that provides a wide array of solutions to meet today’s technology challenges. Cemtrex provides manufacturing services of advanced custom engineered electronics, emission monitors & instruments for industrial processes, and environmental control & air filtration systems for industries & utilities.
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Saagar Govil, 631-756-9116