Fuel Tech Announces FUEL CHEM(R) Demonstration
BATAVIA, Illinois--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 that a FUEL CHEM(R) demonstration order was placed by an existing customer to treat an electric generating facility in the Rocky Mountain States. Utilizing the Company's proprietary TIFI(TM) Targeted In-Furnace Injection(TM) program, this demonstration will be conducted on a small, Western coal-fired boiler experiencing challenging slagging problems. Chemical feed for the program is scheduled to commence later this quarter.
John F. Norris Jr., President and Chief Executive Officer, commented, "Western coals, with their high levels of sodium and other impurities, often give rise to slag build-up on boiler tubes, creating combustion and operational inefficiencies for power plants. Fuel Tech has had great success in treating a number of plants burning such coals and we are pleased to offer our services to this existing utility customer, which is currently utilizing our TIFI technology on an oil-fired unit."
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(R), NOxOUT CASCADE(R), NOxOUT ULTRA(R), Rich Reagent Injection (RRI) and NOxOUT-SCR(R) processes. These technologies have established Fuel Tech as a leader in post-combustion NOx control systems, with installations on over 400 units worldwide, where coal, municipal waste, biomass, and other fuels are utilized.
The Company's FUEL CHEM(R) technology revolves around the unique application of chemicals to improve the efficiency, reliability, fuel flexibility and environmental status of combustion units by controlling slagging, fouling, corrosion, opacity and acid plume, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter (PM2.5), carbon dioxide and NOx. This technology, in the form of a customizable FUEL CHEM program, is being applied to over 50 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 www.ftek.com.
This press release may contain statements of a forward-looking nature regarding future events. These statements are only predictions and actual events may differ materially. Please refer to documents that Fuel Tech files from time to time with the Securities and Exchange Commission for a discussion of certain factors that could cause actual results to differ materially from those contained in the forward-looking statements.
Contacts
Fuel Tech, Inc.
Vincent J. Arnone, 630-845-4500
Chief Financial Officer
or
Tracy H. Krumme, 203-425-9830
Vice President, Investor Relations
John F. Norris Jr., President and Chief Executive Officer, commented, "Western coals, with their high levels of sodium and other impurities, often give rise to slag build-up on boiler tubes, creating combustion and operational inefficiencies for power plants. Fuel Tech has had great success in treating a number of plants burning such coals and we are pleased to offer our services to this existing utility customer, which is currently utilizing our TIFI technology on an oil-fired unit."
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(R), NOxOUT CASCADE(R), NOxOUT ULTRA(R), Rich Reagent Injection (RRI) and NOxOUT-SCR(R) processes. These technologies have established Fuel Tech as a leader in post-combustion NOx control systems, with installations on over 400 units worldwide, where coal, municipal waste, biomass, and other fuels are utilized.
The Company's FUEL CHEM(R) technology revolves around the unique application of chemicals to improve the efficiency, reliability, fuel flexibility and environmental status of combustion units by controlling slagging, fouling, corrosion, opacity and acid plume, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter (PM2.5), carbon dioxide and NOx. This technology, in the form of a customizable FUEL CHEM program, is being applied to over 50 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 www.ftek.com.
This press release may contain statements of a forward-looking nature regarding future events. These statements are only predictions and actual events may differ materially. Please refer to documents that Fuel Tech files from time to time with the Securities and Exchange Commission for a discussion of certain factors that could cause actual results to differ materially from those contained in the forward-looking statements.
Contacts
Fuel Tech, Inc.
Vincent J. Arnone, 630-845-4500
Chief Financial Officer
or
Tracy H. Krumme, 203-425-9830
Vice President, Investor Relations
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