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Company Profile For Fuel Tech, Inc.

Fuel Tech, Inc. (FTEK.O) (Nasdaq)
sector: Industrials · industry: Environmental Services ·
As of  25 Nov 2009
9.19USD
Price Change
-0.40
Percent Change
-4.17%
 
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Overview

Fuel Tech, Inc. (Fuel Tech) is an integrated company that uses a suite of technologies to provide boiler optimization, efficiency improvement and air pollution reduction and control solutions to utility and industrial customers worldwide. Fuel Tech's special focus is the worldwide marketing of its nitrogen oxide (NOx) reduction and FUEL CHEM processes. The Air Pollution Control (APC) technology segment reduces NOx emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources by utilizing combustion optimization techniques and Low-NOx and Ultra Low-NOx burners; NOxOUT and HERT High Energy Reagent Technology SNCR systems; systems that incorporate NOxOUT CASCADE, NOxOUT ULTRA and NOxOUT-SCR processes, and Ammonia Injection Grids and the Graduated Straightening Grid (GSG). On October 2, 2008, Fuel Tech completed its acquisitions of Tackticks, LLC (Tackticks) and FlowTack, LLC (FlowTack).

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Fuel Tech Inc.'s revenue decreased 8% to $36.2M. Net loss totaled $1.8M vs. an income of $2.1M. Revenue reflects a decrease in sales from Air pollution control segment. Net loss reflects lower gross margins, increased cost of sales, a rise in selling, general & administrative expenses, lower interest income and the presence of other expense vs. an income.

Company Address

Fuel Tech, Inc.
512 Kingsland Drive
Batavia   IL   60510
P: +1630.8454500
F: +1203.4259823

Total Employees

196

Find Out More About FTEK.O

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