Fuel Tech (FTEK) Receives Air Pollution Control Contracts Totaling $2.5 Million
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Fuel Tech, Inc. (NASDAQ: FTEK) announced receipt of multiple air pollution control contracts totaling $2.5 million.
Principal among these were several orders for HERT High Energy Reagent Technology systems, which utilize Selective Non-Catalytic Reduction (SNCR) for nitrogen oxide (NOx) control. These initiatives include an equipment order by a Midwestern utility in response to the Clean Air Interstate Rule (CAIR), as well as orders by two Northeastern utilities, one for a HERT system upgrade and the other for a HERT system demonstration.
Fuel Tech is a technology company 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.[SM]
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