Fuel Tech Receives $4.4 Million Of Orders
October 27, 2009 (FinancialWire) — Fuel Tech, Inc. (NASDAQ: FTEK) said it has received multiple air pollution control contracts totaling $4.4 million.
The company said that the largest of the orders, placed by a domestic electric utility, represents a nitrogen oxide reduction project on two medium-sized boilers utilizing “high energy reagent technologyTM systems in combination with “rich reagent injection” technology.
This initiative will allow Fuel Tech to combine these two complementary capabilities for the first time, and is designed to enable our client to comply with a consent decree order.
Equipment deliveries are scheduled to begin during the second quarter of 2010.
HERT systems are used for NOx control. rich reagent injection is a process in which a NOx reducing agent, such as urea, is added to a staged lower furnace, where the combustion zone’s fuel-rich region and elevated gas temperatures create an ideal environment for NOx reduction.
Warrenville, Illinois-based Fuel Tech is a technology company engaged in the development, commercialization and application of technologies for air pollution control, process optimization, and advanced engineering services.
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