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  • Fuel Tech, Inc. (FTEK) Wins Air Pollution Control Orders Worth $4.5 Million 0 comments
    Jul 31, 2012 5:43 PM | about stocks: FTEK

    Fuel Tech is a world leader in advanced engineering solutions for combustion and emissions control systems for utility and industrial applications. The company's state-of-the-art proprietary air pollution technologies include nitrogen oxide (NOx) reduction technologies such as low NO2 burners and oven-fire air systems in addition to post-combustion NOx control approaches like NOxOUT, HERT SCNR systems as well as systems that incorporate ASCR, ULTRA, NOxOUT-SCR, and NOxOUT CASCADE processes.

    The company announced today receipt of multiple air pollution control orders totaling $4.5 million, most of which came from China. The first and largest order from China came from an existing customer and is an award of ULTRA systems for two large coal-fired units that are being retrofitted with nitrogen oxide reduction technology. The second order from China, from a new customer, is also an award of ULTRA systems for two large coal-fired units which are again being retrofitted with NOx control technology.

    Fuel Tech's ULTRA process provides for the safe and cost effective onsite conversion of urea to ammonia for use as a reagent in the selective catalytic reduction of NOx. This eliminates the hazards associated with the transport, storage, and handling of aqueous ammonia. Equipment deliveries for these projects are expected to be made in the third quarter of this year and the first quarter of 2013.

    Two additional orders, placed by an existing customer in China, were received for Selective Non-Catalytic Reduction (SNCR) projects on two industrial units. Fuel Tech's SNCR process is post-combustion NOx reduction method which reduces the gas through the controlled injection of a reagent into the post-combustion flue gas path. Equipment deliveries for these two projects are scheduled for the third quarter of 2012.

    Additionally, an order was received for an SNCR project on an industrial unit in the southeastern United States. Delivery is expected in occur in the first quarter of next year. Finally, two domestic modeling orders for optimization of existing Selective Catalytic Reduction (SCR) systems were received.

    For further information about Fuel Tech and its pollution-reducing technologies, please visit the company's website at www.ftek.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Stocks: FTEK
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