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Fuel Tech Awarded Air Pollution Control Orders Totaling $2.2M

Fuel Tech, Inc. (NASDAQ: FTEK), a world leader in advanced engineering solutions for combustion and emissions control systems for utility and industrial applications, today announced receipt of multiple air pollution control orders totaling $2.2 million.

The larger of these orders, placed by a new domestic utility customer in the Midwest, was for combustion modifications and a Separated Over-Fire Air (SOFA) system for a small tangential coal-fired boiler. Fuel Tech’s SOFA system utilizes a high energy nozzle design that controls airflow from the secondary air ducts to evenly distribute flow through ports above the top elevation of burners. The system includes burner modifications and equipment to fire 100 percent natural gas, in addition to improving combustion performance and NOx emissions when firing coal. Equipment deliveries are currently scheduled for the fourth quarter of 2012.

In Mexico, an award was received from a new industrial customer for an SCR system that will also utilize an ULTRA™ system. This customer is adding a new furnace at a steel plant and is seeking NOx reduction to meet regulations affecting new gas-fired units. The SCR reagent will be generated by the ULTRA system and will use urea as opposed to ammonia, which will eliminate the hazards associated with the transport, storage and handling of anhydrous or aqueous ammonia. Equipment deliveries are currently scheduled for the third quarter of 2012.

Douglas G. Bailey, Chairman, President and Chief Executive Officer, commented, “We are pleased to be awarded these projects, particularly the domestic order that utilizes our proven SOFA technology. Customers such as this are proceeding with their NOx reduction plans as compliance under the Clean Air Interstate Rule remains in effect pending resolution of the more stringent Cross-State Air Pollution Rule, which came under court review at the end of 2011. Given the current low natural gas prices, the flexibility for the unit to fire either coal or natural gas is a compelling value-added benefit. ”

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