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home / news releases / fuel tech bags contracts worth 3 6m for air pollutio

FTEK - Fuel Tech bags contracts worth ~$3.6M for air pollution control

Fuel Tech Inc.
Fuel Tech (NASDAQ:FTEK) receives multiple air pollution control (or APC) contracts from customers in Europe and the US with an aggregate value of ~$3.6M. Also announced the commencement of operations of a new FUEL CHEM TIFI Targeted In-Furnace Injection system at a coal-fired unit in the western United States. Work is expected to be completed by Q4 2022.  If the program continues to be successful, FUEL TECH expects that this one new facility will generate full year 2022 revenues of $500,000 to $1M along with historic FUEL CHEM gross margins.

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Fuel Tech bags contracts worth ~$3.6M for air pollution control
Stock Information
Company Name: Fuel Tech Inc.
Stock Symbol: FTEK
Market: NASDAQ
Website: ftek.com
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