Fuel Tech Inc. (FTEK) Receives Orders Totaling $2.4 Million

By @ibtimes on

Fuel Tech Inc. is 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 today announced receipt of two air pollution control orders totaling $2.4 million. Both orders are scheduled to be delivered later in 2011.

The first order was placed by an existing utility customer. It was for two of the company’s ULTRA systems for two retrofit coal-fired electricity generating units in China. Fuel Tech’s ULTRA process provides for safe and cost-effective on-site conversion of urea to ammonia, which is used as a reagent in the selective catalytic reduction of nitrogen oxide (NOx). This eliminates the hazards associated with the transport, storage and handling of aqueous ammonia.

The second order was also placed by an existing customer. It was for a NOxOUT-SCR project on a domestic industrial boiler. Fuel Tech’s proprietary NOxOUT-SCR process is an advanced form of a selective catalytic reduction (SCR) system. Unlike the conventional SCR system which uses ammonia as the reagent, the company’s process utilizes a safe, easy-to-use reagent to feed the SCR system. This process can provide up to 85% NOx reduction, similar to a conventional SCR, but without the downside safety risks.

For additional information on Fuel Tech and its technologies, please visit the company’s website at www.ftek.com

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