Tallahassee, FL 11/8/11 (StreetBeat) --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 orders totaling $3.2 million.
The largest of these orders, placed by an existing utility customer, was an award of a Selective Non-Catalytic Reduction (SNCR) project for one medium-sized combustion unit located in the Midwest U.S. Fuel Tech’s SNCR process is a post-combustion nitrogen oxide (NOx) reduction method which reduces NOx through the controlled injection of reagent into the post-combustion flue gas path. Equipment deliveries are currently scheduled for the spring of 2012.
Two additional orders were received in the U.S. The first award, placed by a new utility customer, was an advanced order to begin engineering and fabrication for SNCR equipment for a medium-sized combustion unit in the Southeast U.S. The second award was a temporary SNCR system for a combustion unit in the South Central U.S. This latter system is designed to meet the utility customer’s immediate needs in advance of permanent equipment. Equipment deliveries for both projects are currently scheduled for the spring of 2012.
Douglas G. Bailey, Chairman, President and Chief Executive Officer, commented, “We are pleased to receive these three SNCR orders that were placed to meet the requirements of the Cross-State Air Pollution Rule (CSAPR), which calls for greater reductions in domestic NOx emissions beginning January 1, 2012. The recent influx of SNCR modeling jobs is now beginning to convert to a stream of system orders and we anticipate similar additional equipment orders in the near future.”
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