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Fuel Tech (FTEK) Inks Two New Marketing, Supply Agreements

August 10, 2016 8:59 AM EDT

Fuel Tech, Inc. (Nasdaq: FTEK) announced it has entered into separate marketing and supply agreements with Redox Solutions and PowerPlus Cleaning Systems. These agreements allow the Company to serve as an exclusive reseller of emissions control solutions that address high-demand areas of mercury control along with boiler cleaning and efficiency.

Vincent J. Arnone, President and Chief Executive Officer, commented, These agreements are consistent with our New Product Development initiatives, part of our overall strategy to evolve Fuel Techs business model and operating strategy. These external teaming arrangements expand our portfolio of emissions... More