Cemtrex Sees Strong Opportunities from Progress in Paris Climate Talks


Reading time ( words)

Cemtrex, a diversified industrial and manufacturing leader, announced today that it sees new opportunities based on the progress of ongoing Climate Change discussions taking place in Paris, France this week. World leaders of over 190 countries  both developing and leading nations have gathered at the United Nations Conference on Climate Change to address air pollution and curbing greenhouse gases. The Company's Continuous Emission Monitoring Systems (CEMS), specifically the IS 2500 Gas Analyzer, are designed to monitor greenhouse gases and other air pollutants that are emitted from conventional coal, oil, and natural gas power sources.

The Conference objective is to achieve a legally binding and universal agreement on climate, from all the nations of the world, to be signed in 2015 and limit the global warming below 2 degrees Celsius by 2100 as compared to before the industrial era.  A little more than half of global greenhouse gas emissions come from the energy and industrial production sectors.

According to Markets & Markets report the Emission Monitoring Systems Market is estimated to reach USD 2.81 Billion by 2020. Continuous Emission monitoring Systems (CEMS) is expected to account for highest market size during this forecast period.  According to the report, the rise in stringent rules and regulations regarding pollution monitoring across various industries and the increasing demand for process control improvements is another factor contributing to the growth of the CEMS market.

Cemtrex's  IS 2500 is a unique technology that has been designed to measure greenhouse gases in a cost effective way, making it ideal for developing countries trying to adopt greenhouse gas monitoring into their power and industrial plants. Continuous measurements would be required for facilities to disclose their greenhouse gas output and with web enabled software inbuilt into the IS 2500, it can provide online real time information for greenhouse gas emissions from the smoke stack 24/7/365.

Cemtrex's CEO, Saagar Govil, commented, "We see the cost effective monitoring of greenhouse gases as an enormous challenge for many industrial companies in developing countries. We have designed the IS 2500 with this challenge in mind and believe that with this new product we can garner a sizeable market share that will open up due to the binding commitments put forth by the Paris Climate Agreement."

About Cemtrex

Cemtrex, Inc. 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, monitoring instruments for industrial processes and environmental compliance, and systems for controlling particulates, hazardous gases, emissions of Greenhouse gases, and other regulated pollutants used in emissions trading globally.

Share

Print


Suggested Items

KYZEN’s Tom Forsythe: The Effects of COVID-19

05/15/2020 | Barry Matties, I-Connect007
On May 7, Barry Matties and Tom Forsythe, executive vice president at KYZEN, discussed the effects of COVID-19. During the conversation, Forsythe addressed KYZEN’s strategy to keep the staff and employees healthy as the foremost concern. He also detailed recent changes in interacting with customers and his take on what will be the new long-term changes in how the company does business versus short-term accommodations.

Koh Young Europe Celebrates 16,000 Installed Systems

11/25/2019 | I-Connect007 Editorial Team
During productronica 2019, the I-Connect007 Editorial Team met with some of the industry's top executives, managers, and engineers. In this video interview, Editor Nolan Johnson and Harald Eppinger, managing director at Koh Young Europe, discuss the company’s milestone of 16,000 installed systems, the Zenith Alpha, and market trends in AOI systems.

Maximising Performance and Reliability of Automotive Electronics With Conformal Coatings

11/20/2019 | Phil Kinner, Electrolube
While the value of the electronic systems in a modern vehicle typically exceeds 20% of the total vehicle cost, many estimate that this value will exceed 35% within the next five years. With the increased adoption of electronic vehicles and the development of the internet of things (IoT)—which has brought us driverless cars like those being tested by Google in California and BMW on the roads of Bavaria—the future of this industry is starkly different from that of the 1970s when electronic fuel injection systems were first introduced to mainstream production.



Copyright © 2020 I-Connect007. All rights reserved.