keithfeather

Fuel Tech, or 'Fool's Tech'? Valuation Suggests the Latter

Detailed informative information. Fueltech has been benefitting from its past ownership by Nalco, undoubtedly the best sales force in this industry. GE/Betz with FuelSolv is an easy decision now with the turbine and boiler link. The article neglects to mention that historically, the trials and optimization are run with these specialty chemical companies, and high margins, but the big utilities eventually switch out to commodity materials. That's why FuelTech "owns" the feed systems. Now that FuelTech no longer has the Nalco sales team, I believe that the author is correct.