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Business Description
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). 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.
Source: Reuters
Industry
Significant Developments
Business Deals 12 Fuel Tech Inc. Announces Commercial FUEL CHEM Order 22-Jul-2009
Other Pre-Announcement 1 Fuel Tech Inc. Reaffirms FY 2009 Guidance-Conference Call 5-May-2009
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OneSource Company Summary Report for Fuel Tech Inc.
News
Title Date
Fuel Tech Inc elects Robert E Puissant as executive vice president of sales and marketing
1-Sep-2009
EquityBites (95 Words)
BRIEF-Fuel Tech names executive vice president of Sales and Marketing
31-Aug-2009
Thomson Financial News International Focus (75 Words)
Fuel Tech Appoints Robert E. Puissant Executive Vice President of Sales and Marketing
31-Aug-2009
Business Wire (933 Words)
Q2 2009 Fuel Tech, Inc. Earnings Conference Call - Final
25-Aug-2009
FD (Fair Disclosure) Wire (7954 Words)
Gappers report: Bearish gaps
17-Aug-2009
The Fly on the Wall - Live News Feed (158 Words)
Financial Summary
As of 30-Jun-2009
Stock Snapshot
Source: Reuters
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OneSource Company Summary Report for Fuel Tech Inc.
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Published by OneSource Information Services, Inc., 2009
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