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May 2, 2014
09:30 EDTFTEKFuel Tech upgraded to Buy from Neutral at Sidoti
News For FTEK From The Last 14 Days
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October 5, 2015
09:03 EDTFTEKFuel Tech announces air pollution control orders totaling $11M
Fuel Tech announced the receipt of multiple air pollution control contracts from customers in the US and China. These awards have an aggregate value of approximately $11M. The first US order is for an Electrostatic Precipitator upgrade to reduce particulate emissions from a large coal-fired utility boiler in the Midwest. This order represents the equipment and installation phase of a project for which engineering was released earlier this year. The scope includes the supply and installation of internal components, electrical power supplies and integrated plant controls for the ESP. Installation and startup are scheduled for completion in the second quarter of 2016. The second order is for an ESP retrofit on a coal-fired unit in the Midwest in which the scope includes engineering and equipment to improve the performance and reliability of the unit. Delivery of the equipment is scheduled for the first quarter of 2016. In China, two orders were received for ULTRA systems that will be installed on utility coal-fired units being retrofitted with NOx reduction technology. Fuel Tech's ULTRA process provides for the safe and cost-effective on-site conversion of urea to ammonia for use as a reagent in the selective catalytic reduction of NOx, eliminating the hazards associated with the transport, storage and handling of anhydrous or aqueous ammonia. Equipment deliveries are expected to occur in the fourth quarter of 2015. An additional award in China was received for Fuel Tech's HERT High Energy Reagent Technology(TM) and NOxOUT Selective Non-Catalytic Reduction systems for a coal-fired boiler at a power generation facility. Equipment delivery is expected to occur in the first quarter of 2016.

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