Fuel Tech Announces FUEL CHEM® Commercial Contract for a New Domestic Utility Customer
Fuel Tech, Inc. (FTEK)
Last fuel tech, inc. earnings: 3/11 05:08 pm
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US:NASDAQ Investor Relations:
ftek.com/investors
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Source: GlobeNewswire
WARRENVILLE, Ill., Oct. 22, 2024 (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 commencement of a new commercial program using the Company’s proprietary TIFI® Targeted In-Furnace Injection™ technology for a large coal-fired boiler at a Midwest United States utility. This order comes after a demonstration of the Company’s TIFI® technology at this unit over the past several months. The annual revenue potential from this contract is projected to be approximately $1.5 to $2.0 million based on the customer running the program full-time, with the revenue expected to generate historic FUEL CHEM® gross margins. During the demonstration, the TIFI® chemical program improved boiler availability and reliability, and reduced maintenance downtime for off-line boiler cleaning in order to maximize the po
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FTEK
News
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- Fuel Tech, Inc. (NASDAQ:FTEK) Analysts Are Pretty Bullish On The Stock After Recent Results [Yahoo! Finance]Yahoo! Finance
- Fuel Tech, Inc. (NASDAQ: FTEK) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Fuel Tech Inc (FTEK) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic Growth [Yahoo! Finance]Yahoo! Finance
FTEK
Earnings
- 11/6/24 - Miss
FTEK
Sec Filings
- 11/20/24 - Form 4
- 11/19/24 - Form 4
- 11/18/24 - Form 4
- FTEK's page on the SEC website