Fuel Tech, Inc., incorporated on October 25, 2006, is a technology company. The Company is engaged in the development, commercialization and application of technologies for air pollution control, process optimization, combustion efficiency and engineering services. It operates through three segments: Air Pollution Control technology, FUEL CHEM technology and Fuel Conversion. The Air Pollution Control technology segment includes technologies to manage nitrogen oxides (NOx) emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources. The FUEL CHEM technology segment uses chemical processes in combination with computational fluid dynamics (CFD) and chemical kinetics modeling (CKM) boiler modeling, for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology. The Fuel Conversion segment represents the CARBONITE fuel conversion process and technology.
Air Pollution Control technology
The Company's NOx reduction and particulate control technologies are installed across the world on over 1,000 combustion units, including utility, industrial and municipal solid waste applications. Its products include customized NOx control systems and its ULTRA technology, which converts urea-to-ammonia on site and provides reagent for use in selective catalytic reduction (SCR) systems. Its NOxOUT and HERT Selective Non-Catalytic Reduction (SNCR) processes use non-hazardous urea as the reagent rather than ammonia. Its Advanced Selective Catalytic Reduction (ASCR) systems include Low NOx Burners (LNB), Over-Fire Air (OFA), and SNCR components, along with a downsized SCR catalyst, Ammonia Injection Grid (AIG), and Graduated Straightening Grid (GSG) system. Its ULTRA process is designed to convert urea to ammonia for use as a reagent in the SCR process for NOx reduction.
The Company's SCR group provides process design optimization, performance testing and improvement, and catalyst selection services for SCR systems on coal-fired boilers. In addition, other related services are also provided, including start-ups, maintenance support and general consulting services for SCR systems, Ammonia Injection Grid design and tuning. It offers ESP technologies for particulate control include Electrostatic Precipitator (ESP) products and services, including ESP Inspection Services, Performance Modeling, and Performance and Efficiency Upgrades. Flue gas conditioning (FGC) systems include treatment using sulfur trioxide (SO3) and ammonia (NH3) based conditioning. Low NOx Burners and Ultra Low NOx Burners (LNB and ULNB) are available for coal-, oil-, and gas-fired industrial and utility units.
FUEL CHEM technology
The FUEL CHEM technology segment revolves around the application of specialty chemicals to manage the environmental status of plants operating in the electric utility, industrial, pulp and paper, waste-to-energy, and university and district heating markets. FUEL CHEM programs are in place on combustion units in North America, Mexico and Europe, treating a range of solid and liquid fuels, including coal, heavy oil, black liquor, biomass and municipal waste. The Company uses its TIFI Targeted In-Furnace Injection processes to apply specialty chemical programs to units burning a range of fuels. These TIFI programs incorporate design, modeling, equipment, reagent, and service to provide customized on-site programs designed to manage plant operations and provide a return on investment.
Fuel Conversion
The Fuel Conversion business represents the research and business development related to the CARBONITE fuel conversion process and technology. CARBONITE fuel conversion process converts coals of various grades into value-added products that are high in energy content, carbon-rich and contain less pollutants. Its Fuel Conversion technology has various applications, including certain coal replacement, electric arc furnace reductant, ferro-alloy feedstock, and mercury reduced carbon feedstock.
The Company competes with Alstom, Babcock Power, Inc., The Babcock & Wilcox Burner Business, Combustion Components Associates, Inc., Foster Wheeler Corporation, Siemens, Peerless Manufacturing Company, Hitachi, Wahlco, Inc., Ecolab, Ashland Inc., Environmental Energy Services, Inc. and GE Infrastructure.
27601 Bella Vista Pkwy
The company trades on NASDAQ exchange. The company headquarter is located in Illinois, IL. The company was established in the 1987.| Ticker | FTEK |
| Long Name | Fuel Tech, Inc. |
| Short Name | Fuel Tech |