Industrial Nanotech (OTC: INTK), a global nanoscience solutions and product development leader, today released a shareholder update from its CEO/CTO Stuart Burchill to further communicate the significance of its new Pemex project. Among facts and statistics to provide shareholders a more thorough understanding, Burchill clarified that Pemex is Mexico’s oil and gas company and, in 2021, had reported assets of US$96.8 billion and revenue of US$44.3 billion. “Reinstating our working relationship with Pemex on this first tank project is extremely significant and has given us the opportunity to restart all of these projects and more,” stated Burchill. “We project $5-10 million in revenue from Pemex in the remainder of 2022 and we project that Pemex will be one of our larger revenue streams in 2023, exceeding our previous 2014 projections of $67 million U.S. annually.”
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About Industrial Nanotech Inc.
Industrial Nanotech is a global nanoscience solutions and product development leader. For more information about the company, visit www.Industrial-Nanotech.com.
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