Fuel Tech secures $5.2M worth air pollution control contracts
- Fuel Tech (NASDAQ:FTEK) receives multiple air pollution control contracts from new and existing customers in the US, Europe and the Pacific Rim.
- These awards support projects serving various end markets, and have an aggregate value of ~$5.2M.
- Two separate contracts were received from existing US utility customers for NOxOUT Selective Non-Catalytic Reduction (or SNCR) systems. Equipment deliveries expected in Q2 and Q3 2023.
- An order was received in the US for two ULTRA® systems to be installed on natural gas-fired turbines at a university on the West Coast. Delivery expected Q3.
- Two additional orders in the US were received for ULTRA systems on the West Coast with deliveries expected in Q3 2023. Expected delivery Q2.