FUEL TECH INC
SymbolFTEK

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Fuel Tech Awarded $12.7 Million Air Pollution Control Contract

2009-10-29 07:00 ET - News Release


Company Website: http://www.ftek.com
WARRENVILLE, Ill. -- (Business Wire)

Fuel Tech, Inc. (NASDAQ: FTEK), a world leader in advanced engineering solutions for the optimization of combustion systems and emissions control in utility and industrial applications, today announced it was awarded the largest air pollution control contract in its history. The $12.7 million order, placed by a major Midwestern utility, includes turnkey installation of multiple low NOx burners and an over-fire air system for a single coal-fired unit. Equipment deliveries are scheduled to commence during the third quarter of 2010, with project completion occurring during the fourth quarter of 2010.

“We are thrilled to be announcing an order of this magnitude,” commented John F. Norris Jr., President and Chief Executive Officer. “In this instance, our client is replacing an existing combustion system with a large number of new low NOx burners and a new over-fire air system in response to the Environmental Protection Agency’s Regional Haze Rule. This rule requires state and federal agencies to establish long-term strategies and goals for improving visibility in national parks and wilderness areas.”

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