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Fuel Tech Awarded Air Pollution Control Orders Totaling $2.6 Million
FTEKFuel Tech(FTEK) Newsfilter·2025-03-24 12:01

Core Viewpoint - Fuel Tech, Inc. has announced the receipt of air pollution control orders valued at approximately 2.6millionfromexistingcustomersintheUSandJapan,reflectingongoingdemandforitsemissionscontroltechnologies[1][4].Group1:OrdersandContracts−AsignificantorderfromJapaninvolvesanULTRA®systemforanaturalgas−firedCombinedCycleutilityplant,markingthefourthon−siteunitforthiscustomerandafollow−onfroma2017contract[2].−AdomesticorderhasbeenreceivedforadvancedengineeringservicesfromamunicipalwasteunitcustomerintheNortheast,aimedatimplementinganAdvancedSelectiveNon−CatalyticReduction(ASNCR)system[3].−Thecompanyanticipatesclosingadditionalcontractsworth2.6 million from existing customers in the US and Japan, reflecting ongoing demand for its emissions control technologies [1][4]. Group 1: Orders and Contracts - A significant order from Japan involves an ULTRA® system for a natural gas-fired Combined Cycle utility plant, marking the fourth on-site unit for this customer and a follow-on from a 2017 contract [2]. - A domestic order has been received for advanced engineering services from a municipal waste unit customer in the Northeast, aimed at implementing an Advanced Selective Non-Catalytic Reduction (ASNCR) system [3]. - The company anticipates closing additional contracts worth 4 to $5 million by early in the second quarter of 2025, indicating a strong pipeline of opportunities [4]. Group 2: Technology and Services - Fuel Tech specializes in advanced engineering processes for emissions control and water treatment, with a focus on nitrogen oxide (NOx) reduction and particulate control technologies [5]. - The ULTRA process allows for the safe on-site conversion of urea to ammonia, enhancing energy efficiency and reducing hazards associated with ammonia transport and storage [2]. - The company's FUEL CHEM® technology improves combustion unit performance by addressing issues like slagging, fouling, and corrosion, while its water treatment technologies target various environmental applications [5].