Fuel Tech Awarded Air Pollution Control Orders Totaling $4.0 Million
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BATAVIA, Ill.--Fuel Tech, Inc. (Nasdaq: FTEK), a world leader in advanced engineering solutions for the optimization of combustion systems in utility and industrial applications, today announced three orders for air pollution control projects totaling $4.0 million. Placed by a Southeastern utility alliance partner, the orders largely represent the installation phase of four NOxOUT® Selective Non-Catalytic Reduction (SNCR) projects on coal-fired boilers at three separate plant locations.
John F. Norris Jr., President and Chief Executive Officer, commented, "As always, we welcome additional nitrogen oxide reduction business from this important utility alliance partner."
About Fuel Tech
Fuel Tech is a leading technology company engaged in the worldwide development, commercialization and application of state-of-the-art proprietary technologies for air pollution control, process optimization, and advanced engineering services. These technologies enable customers to produce both energy and processed materials in a cost-effective and environmentally sustainable manner.
The Company's nitrogen oxide (NOx) reduction technologies include the NOxOUT®, NOxOUT CASCADE®, NOxOUT ULTRA®, Rich Reagent Injection (RRI) and NOxOUT-SCR® processes. These technologies have established Fuel Tech as a leader in post-combustion NOx control systems, with installations on over 375 units worldwide, where coal, municipal waste, biomass, and other fuels are utilized.
The Company's FUEL CHEM® technology revolves around the unique application of chemicals to improve the efficiency and reliability of combustion units by controlling slagging, fouling, corrosion and opacity. This technology, in the form of a customizable FUEL CHEM program, is being applied to over 80 combustion units burning a wide variety of fuels including coal, heavy oil, biomass, and municipal waste.
Many of Fuel Tech's products and services rely heavily on the Company's exceptional Computational Fluid Dynamics modeling capabilities, which are enhanced by internally developed, high-end visualization software. These capabilities, coupled with the Company's innovative technologies and multi-disciplined team approach, enable Fuel Tech to provide practical solutions to some of our customers' most challenging problems. For more information, visit Fuel Tech's web site at fueltechnv.com.
Contacts
Fuel Tech, Inc.
Vincent J. Arnone, 630-845-4500
Chief Financial Officer
or
Tracy H. Krumme, 203-425-9830
Director, Investor Relations
