With China ratifying the historic Paris Agreement ahead of the G-20 summit earlier this month alongside the U.S. (http://nnw.fm/a04ES) (which on their own make up 69 percent of the required amount to bring the pact into force), the UN’s climate body chief is now suggesting (http://nnw.fm/cOu7U) that the Paris Agreement could go into force before the close of 2016. Brazil just ratified, too, bringing the total global emissions coverage up to just 16 percent shy of the requisite amount.
For one of the leading developers of customized electronics, emission monitors, environmental controls, filtration systems, and other industrial process instrumentation, Cemtrex (NASDAQ: CETX), the writing has been on the wall for quite some time. The air pollution control equipment market, currently placed somewhere north of $56 billion by multiple sources (http://nnw.fm/w0IM8), is on track to hit upward of $78 billion by 2019, even before weighing the real impact of a Paris Agreement ratification this year.
For a diversified engineering and manufacturing powerhouse like Cemtrex, which reported a 69 percent uptick in Q3 net sales last month to $24.7 million, the sprawling global opportunity thusly presented for systems such as its VAMOX methane abatement platform goes well beyond the increasingly juicy air pollution control market metrics. With plans to prototype a pilot plant revealed in July that could see the company enter the graphene nanoparticle manufacturing business, directly harvesting high-value raw materials during the removal of carbon and sulfur dioxide, as well as nitrogen oxides, from flue gases – Cemtrex could become a very interesting sector play.
The graphene market is still relatively small, but a recent report suggests it will swell to $220 million in the next decade alone (http://nnw.fm/jHQ5E) as wide-ranging applications come to the fore, from hydrogen generation catalysts and nanomedicines, to advanced filters and ultracapacitors. Cemtrex’s ability to serve the now burgeoning air pollution control market with proven solutions like its VAMOX technology, while simultaneously pushing the manufacturing envelope when it comes to one of the next century’s most vital advanced materials, might just be CETX shareholders’ ticket to the big leagues.
Chairman and CEO of CETX, Saagar Govil, was keen to illustrate the potentially multi-billion dollar opportunity here for the company, noting in particular the $2 million per unit price tag that places these systems well within striking distance for even the smallest of Paris Agreement signatories. It is key for investors to note here that CETX developed its VAMOX technology to destroy coal mine methane and generate carbon credits, having worked hand-in-hand with the UNFCCC (UN’s Framework Convention on Climate Change) Clean Development Mechanism project.
For a company that is also in the filtration business, the inherent advantages of being able to breed its own graphene could prove extremely promising longer-term. Govil sees greenhouse gas reduction transforming into an ever larger market over the next 10 years, with sweeping legislation laying down the framework for ecofriendly tech profits across the globe, from Beijing to Brussels. The Paris Agreement is just the tip of the spear and Cemtrex is positioning itself to double down on sustainability with its Farmingdale, New York, pilot facility, as abundant graphene will no doubt help to foster advances in parallel environmental technologies.
For more information, visit www.Cemtrex.com
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