Fuel Tech (FTEK) Enters Exclusive Licensing Agreement with Amazon Papyrus for Recovery Chem Technology
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Fuel Tech Licenses Recovery Chem® Technology to Hong Kong’s Amazon Papyrus Chemicals Limited
November 8, 2016 4:35 PM ESTWARRENVILLE, Ill.--(BUSINESS WIRE)-- Fuel Tech, Inc. (NASDAQ: FTEK), a world leader in advanced engineering solutions for the optimization of combustion systems and emissions control in utility and industrial applications, today announced the signing of an exclusive agreement with Amazon Papyrus Chemicals Limited (Amazon Papyrus). Under the agreement, Fuel Tech has licensed its proprietary RECOVERY CHEM® technology to Amazon Papyrus, a leading supplier of specialty chemicals to the pulp and paper industry in Asia. Fuel Tech will receive engineering fees and royalty payments from Amazon Papyruss implementation of RECOVERY CHEM... More
