Key Developments For Fuel Tech, Inc.
Fuel Tech, Inc. (FTEK.O) (Nasdaq)
Fuel Tech Inc. Awarded $12.7 Million Air Pollution Control Contract
Fuel Tech Inc. announced that it was awarded a air pollution control contract. The $12.7 million order, placed by a Midwestern utility, includes turnkey installation of multiple low NOx burners and an over-fire air system for a single coal-fired unit. Equipment deliveries are scheduled to commence during the third quarter of 2010, with project completion occurring during the fourth quarter of 2010.
Fuel Tech Inc. Awarded Multiple Air Pollution Control Orders Totaling $4.4 Million
Fuel Tech Inc. announced that it has received multiple air pollution control contracts totaling $4.4 million. The orders placed by a domestic electric utility, represents a nitrogen oxide (NOx) reduction project on two medium-sized boilers utilizing HERT High Energy Reagent Technology systems in combination with Rich Reagent Injection (RRI) technology. This initiative, which will enable Fuel Tech to combine these two complementary capabilities for the first time, is designed to enable the Company's client to comply with a consent decree order. Equipment deliveries are scheduled to commence during the second quarter of 2010. Also in response to an unrelated consent decree, an equipment order was placed for low NOx burners and an over-fire air system for use at a municipal power plant. In addition to the foregoing, the following business was secured: mapping and demonstration orders from a new electric utility customer in the Midwest; a temperature mapping order from a new electric utility customer in the Western U.S.; domestic orders for a booster fan and flame scanners; and a contract for modeling and injectors from a Korean client.
Fuel Tech Inc. Wins Multiple Air Pollution Control Orders Totaling $2.9 Million
Fuel Tech Inc. announced receipt of multiple air pollution control contracts totaling $2.9 million, including two orders for a combined three ULTRA systems. The first ULTRA order specifies engineering services and equipment for two systems to be installed on oil-fired diesel engines at a power plant located on a Caribbean island.
Fuel Tech Inc. Announces Commercial FUEL CHEM Order
Fuel Tech Inc. announced receipt of a commercial FUEL CHEM order from an existing domestic electric utility customer. The FUEL CHEM program will be conducted on a medium-sized coal-fired boiler, with chemical injection scheduled to commence during the first quarter of 2010.
Fuel Tech Inc. Announces Two Fuel Chem Orders
Fuel Tech Inc. announced that it has received contracts related to the initiation of commercial FUEL CHEM programs on two small oil-fired units at an industrial power plant in the Republic of Korea. Chemical injection for each program is scheduled to commence later this quarter.
