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Breaking News

Nansulate® Part of Mexican Energy Saving Program

October 24, 2010
Industrial Nanotech Inc. announced that the company’s patented Nansulate thermal insulation and mold-prevention coating has been awarded the NOM certification and is now part of the Green Mortgage program by INFONAVIT, Mexico's state-owned and largest mortgage provider.

NAPLES, FL - Industrial Nanotech Inc. announced that the company’s patented Nansulate thermal insulation and mold-prevention coating has been awarded the NOM certification and is now part of the Green Mortgage program by INFONAVIT, Mexico's state-owned and largest mortgage provider.

The NOM 018 ENER 1997, for which Nansulate is now certified, is the Mexico Thermal Insulation Standard and is mandatory for all new construction.

INFONAVIT has included Nansulate into the specification for homes under this program to increase energy efficiency. It has projected that Nansulate will initially be used for approximately 15 percent of the market for this year, which is at least 60,000 homes.

Nansulate was tested by ONNCCE, the nationally recognized Mexican standards organization, and successfully passed the testing for thermal insulation products and was awarded NOM certification. The certification process was undertaken by Industrial Nanotech distributor Distribuidora Nano de America S.A. de C.V.

As the largest originator of residential mortgages in Mexico, INFONAVIT authorized a credit system called Green Mortgage in response to the recommendations of the General Assembly of Mexico. The Green Mortgage program is designed to promote the incorporation of energy sustainability criteria in the homes that INFONAVIT finances, supporting the National Strategy for Climate Change, ensuring energy and water savings that will make homes more affordable and improve the environment. In a recent press release, Infonavit stated that Green Mortgages represented 33 percent of all the loans made by the fund during the first four months of the year.

Since the Green Mortgage program was launched in 2009, Infonavit has originated a total of 150,668 green mortgages, worth $2.2 billion. It is financed by its lending operations, by mandatory employer contributions on behalf of the country's 14.4 million salaried workers and by mortgage bonds. Infonavit plans to make between 475,000 and 525,000 mortgages this year.

The National Agency for Standardization and Certification of Building and Construction is known by its acronym ONNCCE. ONNCCE is a nationally recognized developer of standardizations and certifications in Mexico. The organization is currently accredited as a National Standards Body by the Directorate General of Standards of the Ministry of Economy, as a Certification Body by the Mexican Accreditation and is approved by the Ministry of Economy, Social Development Secretariat, the National Commission on Energy Saving and the National Water Commission as a Certification Body for quality systems by the Mexican accreditation.

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