Mar 6 2008
Fuel Tech, Inc., a world leader in advanced engineering solutions for the optimization of combustion systems in utility and industrial applications, today announced it was awarded numerous orders totaling $6.7 million. Principal among these was a NOxOUT ULTRA® contract in China, calling for the installation of multiple NOxOUT ULTRA systems in support of large coal-fired electric generating units to be retrofitted with selective catalytic reduction (SCR) systems for NOx control. The NOxOUT ULTRA systems will be installed during a multi-year period, beginning in 2008 and ending in 2011.
The Company also received an order for a domestic NOxOUT® Selective Non-Catalytic Reduction (SNCR) demonstration on an industrial incinerator as well as five mapping and modeling orders, one for a potential domestic utility NOxOUT SNCR system and four in support of potential domestic FUEL CHEM® programs, principally for large coal-fired boilers.
Fuel Tech’s NOxOUT ULTRA process provides for the safe and cost-effective on-site conversion of urea to ammonia for use as a reagent in the selective catalytic reduction of NOx, eliminating the hazards associated with the transport, storage and handling of anhydrous or aqueous ammonia.
John F. Norris Jr., President and Chief Executive Officer commented, “We are very pleased to announce this major NOxOUT ULTRA project, which builds upon our successful penetration of the Chinese market during 2007 and reaffirms the growing impetus for safe urea-to-ammonia conversion technology in densely populated regions.”
Mr. Norris continued, “There is growing recognition of the need for ongoing improvements in air quality in the Pacific Rim region, and as additional SCR systems are deployed on both a retrofit and new construction basis, we hope to build on our recent NOxOUT ULTRA successes in this fast-growing market.”
Mr. Norris concluded, “As regards prospective opportunities, we have a growing pipeline of domestic mapping and modeling orders, which typically convert to commercial contracts in the normal course of business.”