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WARRENVILLE, Ill., March 24, 2025 (GLOBE NEWSWIRE) -- Fuel Tech, Inc. (NASDAQ: FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today announced the receipt of air pollution control (APC) orders from existing customers in the US and Japan. These orders have an aggregate value of approximately $2.6 million.
An order from Japan was received for an ULTRA® system that will be installed on a natural gas-fired Combined Cycle utility plant in the Pacific Rim being retrofitted with Selective Catalytic Reduction (SCR) technology. Fuel Tech’s ULTRA process provides for the safe and cost-effective on-site conversion of urea to ammonia for use as a reagent where SCR is used to reduce nitrogen oxide (NOx), eliminating the hazards associated with the transport, storage and handling of anhydrous or aqueous ammonia. This will be the fourth on-site unit and a follow-on order from a 2017 contract. The equipment will again use our ULTRA-EX™ approach, which utilizes high temperature exhaust gas from the combustion turbine in the ULTRA process. The extracted flue gas is used to thermally decompose the concentrated urea solution into ammonia in the ULTRA chamber. ULTRA-EX increases the energy efficiency of the overall process and lowers the external heat input required to generate the ammonia which is fed to the SCR. Engineering is expected to be completed in the second quarter of 2025, with equipment delivery scheduled sometime in the first quarter of 2027.
A domestic order was also received for advanced engineering from an existing municipal waste unit customer in the Northeast as a first step towards an Advanced Selective Non-Catalytic Reduction (ASNCR) system, which is a proven solution for industrial combustion unit owners looking to comply with more stringent NOx control requirements. Work is scheduled for completion in the second quarter of 2025.
Vincent J. Arnone, President and Chief Executive Officer, commented, “We are pleased to announce these contract awards to support the needs of a wide range of utility and industrial customers. These orders reflect a portion of the $4 to 5 million in near-term contract wins that we were expecting to close by early in the second quarter of this year. We are continuing to actively pursue additional APC contracts that are likely to be awarded early in the second quarter of 2025.”
About Fuel Tech
Fuel Tech develops and commercializes state-of-the-art proprietary technologies for air pollution control, process optimization, water treatment, and advanced engineering services. These technologies enable customers to operate in a cost-effective and environmentally sustainable manner. Fuel Tech is a leader in nitrogen oxide (NOx) reduction and particulate control technologies and its solutions have been installed on over 1,300 utility, industrial and municipal units worldwide. The Company’s FUEL CHEM® technology improves the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units by controlling slagging, fouling, corrosion and opacity. Water treatment technologies include DGI® Dissolved Gas Infusion Systems which utilize a patented saturator and a patent-pending channel injector to deliver supersaturated oxygen solutions and other gas-water combinations to target process applications or environmental issues. This infusion process has a variety of applications in the water and wastewater industries, including remediation, aeration, biological treatment and wastewater odor management. Many of Fuel Tech’s products and services rely heavily on the Company’s exceptional Computational Fluid Dynamics modeling capabilities, which are enhanced by internally developed, high-end visualization software. For more information, visit Fuel Tech’s web site at www.ftek.com.