Fuel Tech Inc. (FTEK)

Overview

Fuel Tech, Inc. is an innovative company dedicated to providing advanced technological solutions aimed at optimizing boiler operations, enhancing efficiency, and offering superior air pollution reduction and control methods. Serving utility and industrial customers across the globe, Fuel Tech is segmented into two primary operational areas: Air Pollution Control Technology and FUEL CHEM Technology. Since its inception in 1987, the company has established a strong presence in Warrenville, Illinois, where it is headquartered, cementing its status as a leader in air quality and energy efficiency solutions.

Products and Services

• Air Pollution Control Technology

This segment highlights Fuel Tech's offerings aimed at reducing nitrogen oxide (NOx) emissions in flue gas from various stationary combustion sources such as boilers, incinerators, and furnaces. Their technology solutions include NOxOUT and HERT selective non-catalytic reduction systems, selective catalytic reduction systems with features such as ammonia injection grid and graduated straightening grid systems, I-NOx systems, ESP Processes and Services, ULTRA technology, and flue gas conditioning systems. By leveraging these technologies, customers can significantly mitigate air pollutants emanating from combustion processes.

• FUEL CHEM Technology

The FUEL CHEM Technology segment offers an array of programs designed to enhance the efficiency, reliability, fuel flexibility, and environmental performance of combustion units. These programs effectively manage issues related to slagging, fouling, corrosion, opacity, and the formation of harmful emissions like sulfur trioxide, ammonium bisulfate, particulate matter, sulfur dioxide, and carbon dioxide. Utilizing TIFI targeted in-furnace injection technology, Fuel Tech helps clients in the electric utility, industrial, pulp and paper, waste-to-energy, and university and district heating sectors to optimize their operations and comply with environmental regulations. The segment underscores Fuel Tech's commitment to operational excellence and sustainability in energy production and waste management.