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Fuel Tech wins air pollution control orders worth US$2.3 million

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World Coal,

Fuel Tech, Inc. a global leader in advanced engineering solutions for the optimisation of combustion systems and emissions control in utility and industrial applications, has reported receipt of multiple air pollution control (APC) contracts from customers in China, the Middle East and the US.

These awarded contracts have an aggregate value of approximately US$2.3 million.

In China, Fuel Tech received an award for a NOXxOUT® Selective Non-Catalytic Reduction (SNCR) system for a coal-fired utility boiler. The company’s SNCR technology is proving to be a viable solution as combustion unit owners look to comply with more stringent NOX control requirements mandated by China. Equipment deliveries are expected to occur during 3Q16.

The company received additional orders in China for multiple ULTRA™ systems that will be installed on utility units firing coal, which are being retrofitted with NOX reduction technology. Fuel Tech’s ULTRA process provides for the safe and cost-effective onsite conversion of urea to ammonia for use as a reagent where Selective Catalytic Reduction (SCR) is used to reduce NOX, eliminating the hazards associated with the transport, storage and handling of anhydrous or aqueous ammonia. Deliveries for these projects commenced in 2Q16, and are expected to continue in 3Q16 and 2Q17.

The order in the Middle East is for an SNCR system using NOX OUT technology on a cement kiln, which the company believes is evidence of the continued viability of its technologies in markets outside the US. The contract is with ISGEC Heavy Engineering Ltd. (ISGEC), who will resell a Fuel Tech SNCR system as part of its scope of equipment supply to a third party. In June 2016, ISGEC, one of India’s leading engineering companies, signed an exclusive agreement with Fuel Tech to license Fuel Tech’s SNCR technology for use in SNCR system sales in the emerging air pollution control market in India. In the US, a change order was received for a project using conventional SCR systems on an industrial gas-fired boiler. Final deliveries for these projects will be second quarter 2017.

Vincent J. Arnone, President and Chief Executive Officer, commented: “We are excited to announce this SNCR order with ISGEC and we believe that they are an ideal partner to introduce Fuel Tech’s proven emissions control technologies to India and other regional countries that are promising new markets for our solutions. Collectively, these orders continue to demonstrate our capabilities to provide cost-effective technology solutions on a global basis.”

Edited from press release by Harleigh Hobbs

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