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Kontrol Technologies (NEO:KNR) subsidiary CEM Specialties wins new order from global cement company

Market News, Technology
NEO:KNR
09 December 2022 13:00 (EDT)

Source: CEM Specialties Inc.

Kontrol Technologies’ (KNR) operating subsidiary, CEM Specialties, has received a new Emission Analyzer order from a global cement company.

The Analyzer will deliver real-time analysis of continuous emissions from a cement plant located in the U.S. The solution includes ongoing annual preventative maintenance.

CEMSI is a recognized leading integrator of turn-key continuous emissions and process monitoring equipment solutions. It services the Canadian and U.S. markets.

Paul Ghezzi, CEO of Kontrol Technologies, commented on the news.

“This is a flagship win for the CEMSI team. It adds a new organic growth opportunity in our emissions business in the strategically important U.S cement plant market.”

The company expects to deliver and install the Analyzer solution over the periods of Q4 2022 and Q1 2023.

Kontrol Technologies provides smart building solutions using its IoT, Cloud and SaaS technology. It provides solutions and services to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.

Kontrol Technologies Corp. (KNR) is down 2.44 per cent, trading at C$0.40 per share at 12:28 pm ET.


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