X

EPA Ruling Could Provide a Wealth of Growth Opportunity for Cemtrex, Inc. (CTEI.OB)

One company that has been making a name for itself of late is Cemtrex Incorporated. Located in Farmingdale, New York, Cemtrex has quickly grown into a worldwide market leader in manufacturing and selling state-of-the-art instruments for emission monitoring of opacity, mercury and filtration products.

Today was a turning point for Cemtrex due to a ruling from the Environmental Protection Agency (EPA). It was on this day that the EPA issued a long anticipated ruling that greenhouse gases threaten public health and the administration shall regulate smokestack and tailpipe emissions of greenhouse gases.

With this ruling, any new legislation from the EPA may force the auto industry and the utilities that burn oil, coal and natural gas to take drastic steps and cut their emissions and in essence being forced to spend billions of dollars on technologies to slash such emissions and this could allow Cemtrex to capitalize on their mission to make a greener environment.

Leading the way at Cemtrex is their President and CEO Arun Govil. Govil is a noted name in the industry and has led Cemtrex down the path of becoming a global presence. When asked about the effect of the EPA ruling, Mr. Govil was quoted as saying, “These EPA regulations shall now regulate millions of carbon dioxide emitters, ranging from office buildings to hospitals that burn natural gas for heating and coal mines that discharge methane into the atmosphere. This would give a tremendous boost to our energy efficiency products that lower energy usage, such as green-DCV and MCDR units that capture methane from coal mines to generate heat and create carbon credits.”

With a leader such as Govil in place, an aggressive format that showcases state-of-the-art technology and a ruling from the EPA that could lead to even bigger and better things, Cemtrex is one of the hidden gems on the Over-the-counter market.

Currently, Cemtrex is trading in the $0.33 range. With the potential of this company, Cemtrex could be a major player on Wall Street in the near future.

Let’s hear your thoughts below:

Related Post