Industrial Nanotech (OTC: INTK), a global nanoscience solutions and research leader, today announced resolution of a major recent supply chain issue. “One of our top selling products for major industrial customers is EPX-H2O. This is what companies like Exxon and Nestle and industries like the railroad industry and chemical manufacturing use,” said Stuart Burchill, CEO of Industrial Nanotech. “Very recently we were informed that a key resin used in EPX-H2O was not available in inventory and would no longer be manufactured and we had to halt production. This impacted Q2 2022 revenue and, as required, we promptly informed our shareholders of this material event. Simultaneously, we were informed that there was an offset from the same manufacturer… a new resin… that might work as a replacement. We began testing it. I returned from Spain late last night and personally saw the results today at our company laboratory this morning. As CTO, I am required to sign off on all formulations. I signed off on the new EPX-H2O formula. It is excellent.”
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About Industrial Nanotech Inc.
Industrial Nanotech is a global nanoscience solution and product development leader. For more information, visit the company’s website at www.Industrial-Nanotech.com.
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