This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Fuel Tech Awarded Air Pollution Control Orders Totaling $4.0M; Includes ULTRA™ And SCR Projects In China

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 (APC) orders totaling $4.0 million.

Two orders were received for projects in China. The largest of these orders, placed by a new industrial customer, was an award of a NOxOUT-SCR® system for a carbon black manufacturing facility. Included within the scope of this project are the engineering design and supply of the reagent injection equipment, SCR reactor vessel, static mixers and other equipment, each of which is critical for optimal SCR performance. Equipment deliveries are expected to occur in early 2013.

The second order, placed by an existing utility customer in China, is an award of ULTRA™ systems for two large coal-fired units being retrofitted with nitrogen oxide (NO x) control 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 NO x, eliminating the hazards associated with the transport, storage and handling of anhydrous or aqueous ammonia. Equipment deliveries are expected to occur in the second half of this year.

Additional orders include an ULTRA system on an industrial unit in the western U.S.; a Selective Non-Catalytic Reduction (SNCR) demonstration utilizing a combination of NOxOUT® and HERT™ High Energy Reagent™ technologies for a large coal-fired unit in the southwestern U.S.; and two Computational Fluid Dynamic (CFD) modeling orders from customers in Australia and Texas. Often, modeling initiatives and SNCR demonstrations represent the first steps in an investment program and can lead to larger equipment and installation orders in the near future.

Douglas G. Bailey, Chairman, President and Chief Executive Officer, commented, “We continue to see increased bidding activity in China and we are pleased to advance our penetration of this large and fast-growing market. With respect to the domestic APC market, drivers such as the Regional Haze and Boiler MACT Rules, state and local permits, and consent decrees still exist and we will continue to pursue these opportunities.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.03 0.21%
FB $116.73 0.00%
GOOG $691.02 0.00%
TSLA $247.54 -0.07%
YHOO $36.59 0.00%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs