Fuel Tech awarded $5 million order
WARRENVILLE - Fuel Tech Inc. has received a multiple air pollution control contracts from customers in the U.S., Europe and China, that have an aggregate value of approximately $5 million.
In the UK, a contract for Fuel Tech's Advanced NO x OUT Selective Non-Catalytic Reduction technology was received for a large coal-fired unit. The order follows one received last year for multiple units for ASNCR technology at the same location. The ASNCR system utilizes proprietary state-of-the-art injectors and injection controls in combination with advanced temperature measurement techniques to provide nitrogen oxide reduction efficiency. Equipment delivery for the new system is expected to occur in the first quarter of 2016.
The first U.S. order is for an Electrostatic Precipitator upgrade to reduce particulate emissions from a coal-fired industrial boiler in the Midwest. The scope includes the supply of internal components, including upgraded electrodes for the ESP, with delivery scheduled for the first quarter of 2016. In addition, an initial design engineering contract was received for conventional Selective Catalytic Reduction (SCR) systems on three industrial gas-fired boilers. Equipment deliveries are scheduled for the second quarter of 2016.
In China, two orders were received for multiple ULTRA systems that will be installed on utility coal-fired units being retrofitted with NO x reduction 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 in the selective catalytic reduction of NO x, eliminating the hazards associated with the transport, storage and handling of anhydrous or aqueous ammonia. Equipment deliveries are expected to occur in the first quarter of 2016.
"These orders reflect the breadth of Fuel Tech's cost-effective technology solutions portfolio on a global basis," said President and Chief Executive Officer Vincent J. Arnone, "Our ULTRA technology simplifies on-site ammonia generation for SCR applications of all types.
"We are excited about our ASNCR technology, where a variety of market segments could potentially benefit from this next generation of our SNCR technology. ASNCR could also be applied to our existing large installed base of SNCR customers through system upgrades to provide additional NO x reduction or lower reagent operating costs," Arnone added.