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Corporate Profile

Technologies to enable clean efficient energy®

CHP nightFuel Tech is a leading technology company engaged in the worldwide development, commercialization and application of state-of-the-art proprietary technologies for air pollution control, process optimization, combustion efficiency, and advanced engineering services. These technologies enable customers to operate efficiently in a cost-effective and environmentally sustainable manner.

Fuel Tech operates as a fully integrated company with a capital projects business to leverage its Air Pollution Control (APC) technologies, and a Chemical Technologies business which builds upon its proprietary TIFI® Programs. Both segments rely heavily on the Company’s unique ability to inject chemicals in combustion units, in precise concentrations and locations, to achieve a desired outcome.

 

Company Information

Incorporated in 1987, Fuel Tech has over 70 employees, of which more than 25% of its full-time staff holds advanced degrees. The Company maintains Corporate Headquarters in Warrenville, Illinois, with additional domestic offices in: Durham, North Carolina, Stamford, Connecticut, and Westlake, Ohio. International offices are located in Milan, Italy and Beijing, China. Fuel Tech’s Common Stock is listed on the NASDAQ Stock Market, Inc. under the symbol "FTEK."

 

As a key participant in the air pollution control and fuel treatment chemicals industries, Fuel Tech is a member of the following organizations:

 

ICAC Logo website

CIBO website

PRBl website

Technologies

Air Pollution Control (APC)

The Company’s nitrogen oxide (NOX) reduction technologies include low NOx burners, burner upgrades and over-fire air systems. In addition post-combustion NOX control systems include: NOXOUT® and HERT SNCR systems, Rich Reagent Injection (RRI) systems, and ASCR Advanced SCR systems. These technologies can be combined as part of an I-NOX™ Integrated NOX Control system. Our ULTRA® ammonia generation process and XCAM systems to measure ammonia are technologies centered around SNCR and SCR applications. For particulate control, Electrostatic Precipitator (ESP) technologies are applied through rebuild and retrofits to maximize performance to achieve regulatory compliance. In addition, Flue Gas Conditioning (FGC) technology through the use of sulfur trioxide and ammonia injection systems modify fly ash properties for collection by ESPs. These technologies have established Fuel Tech as a leader in NOX reduction, with installations on over 1,000 units worldwide, where coal, fuel oil, natural gas, municipal waste, biomass, and other fuels are utilized.

Chemical Technologies

The Company’s TIFI® technology revolves around custom-designed applications of chemicals to improve the efficiency, reliability, fuel flexibility and environmental status of combustion units. These programs control slagging, fouling, corrosion, opacity and the formation of sulfur trioxide, ammonium bisulfate, particulate matter (PM2.5), as well as, carbon dioxide (CO2). This technology is applied to units where coal, heavy oil, biomass, and municipal waste are utilized. Our HClear™ programs target the reduction of HCl emissions.

Services & Capabilities

We also provide a range of services, which include boiler testing, combustion optimization, and selective catalytic reduction (SCR) management services, which includes ammonia injection grid design and tuning. In addition to flow corrective devices such as static mixers and our GSG™ Graduated Straightening Grid to help optimize flue gas distribution and mixing in both power plant and industrial applications.

Many of our application designs rely on our proprietary Company's exceptional Computational Fluid Dynamics (CFD) modeling capabilities, enhanced by our internally developed, high-end visualization software; this is in addition to our Physical (Experimental) Modeling of system designs. These capabilities, coupled with our innovative technologies and multi-disciplined team approach, enable us to provide practical solutions to our customers’ most challenging problems.

Press Releases & News

November 6, 2024
Fuel Tech Reports 2024 Third Quarter Financial Results

November 6, 2024
Fuel Tech Awarded Air Pollution Control Orders Totaling $2.0 Million

November 4, 2024
Fuel Tech Announces Demonstration Agreement for DGI® Dissolved Gas Infusion Technology

October 28, 2024
Fuel Tech Schedules 2024 Third Quarter Financial Results And Conference Call

October 22, 2024
Fuel Tech Announces Fuel Chem® Commercial Contract For A New Domestic Utility Customer

September 19, 2024
Fuel Tech To Showcase DGI® Dissolved Gas Infusion Technology At WEFTEC 2024

August 29, 2024
Fuel Tech To Present At 26th Annual H.C. Wainwright Global Investment Conference

August 6, 2024
Fuel Tech Reports 2024 Second Quarter Financial Results

August 6, 2024
Fuel Tech Awarded Air Pollution Control Orders Totaling $5.0 Million

July 25, 2024
Fuel Tech Schedules 2024 Second Quarter Financial Results And Conference Call

May 7, 2024
Fuel Tech Reports 2024 First Quarter Financial Results

April 15, 2024
Fuel Tech Schedules 2024 First Quarter Financial Results And Conference Call

March 11, 2024
Fuel Tech Reports 2023 Fourth Quarter And Full Year Financial Results

March 11, 2024
Fuel Tech Awarded Air Pollution Control Orders Totaling $2.1 Million

February 27, 2024
Fuel Tech Schedules 2023 Fourth Quarter And Full Year Financial Results And Conference Call

February 6, 2024
Fuel Tech Publishes White Paper On Positive Effects Of Its Dissolved Gas Infusion Technology In An Aquaculture Setting

December 12, 2023
Fuel Tech Awarded Air Pollution Control and Chemical Technologies Orders Totaling $2.5 Million

November 7, 2023
Fuel Tech Reports 2023 Third Quarter Financial Results

November 6, 2023
Fuel Tech Awarded Air Pollution Control Orders Totaling $2.6 Million

October 30, 2023
Fuel Tech Schedules Third Quarter 2023 Financial Results Conference Call

September 6, 2023
Fuel Tech Presents At 25th Annual H.C. Wainwright Global Investment Conference

August 8, 2023
Fuel Tech Reports 2023 Second Quarter Financial Results

August 3, 2023
Fuel Tech Awarded Air Pollution Control Orders Totaling $2.2 Million

July 27, 2023
Fuel Tech Reports 2023 Second Quarter Financial Results

May 9, 2023
Fuel Tech Reports 2023 First Quarter Financial Results

May 1, 2023
Fuel Tech Schedules First Quarter 2023 Financial Results Conference Call

March 7, 2023
Fuel Tech Reports 2022 Fourth Quarter and Full Year Financial Results

March 2, 2023
Fuel Tech Names William Decker Vice President Water and Wastewater Treatment Technologies

February 28, 2023
Fuel Tech Awarded Air Pollution Control Orders Totaling $5.2 Million

February 27, 2023
Fuel Tech Reports Schedules 2022 Fourth Quarter Financial Results and Conference Call

November 8, 2022
Fuel Tech Reports 2022 Third Quarter Financial Results

November 3, 2022
Fuel Tech Awarded Air Pollution Control Orders Totaling $2.7 Million

November 1, 2022
Fuel Tech Schedules 2022 Third Quarter Financial Results And Conference Call

October 26, 2022
Fuel Tech Releases White Paper Validating Oxygen Transfer Efficiency Of Its Dissolved Gas Infusion Technology

September 7, 2022
Fuel Tech To Present At 24th Annual H.C. Wainwright Global Investment Conference

August 10, 2022
Fuel Tech Reports 2022 Second Quarter Financial Results

August 4, 2022
Fuel Tech Schedules 2022 Second Quarter Financial Results and Conference Call

June 23, 2022
Fuel Tech, Inc. Awarded Air Pollution Control Contracts Valued At $3.6 Million

May 10, 2022
Fuel Tech Reports 2022 First Quarter Financial Results

April 28, 2022
Fuel Tech Schedules 2022 First Quarter Financial Results and Conference Call

March 8, 2022
Fuel Tech Reports 2021 Fourth Quarter and Full Year Financial Results

February 28, 2022
Fuel Tech, Inc. Schedules Fourth Quarter And Full Year 2021 Financial Results And Conference Call

February 22, 2022
Fuel Tech Awarded Air Pollution Control Orders Totaling $5.3 Million

November 9, 2021
Fuel Tech Reports 2021 Third Quarter Financial Results

October 27, 2021
Fuel Tech Schedules Third Quarter 2021 Financial Results And Conference Call

September 7, 2021
Fuel Tech To Present At H.C. Wainwright 23rd Annual Global Investment Conference

August 10, 2021
Fuel Tech Reports 2021 Second Quarter Financial Results

July 26, 2021
Fuel Tech Awarded Air Pollution Control Orders Totaling $4.5 Million

June 28, 2021
Fuel Tech Announces Inclusion In Russell Microcap® Index

May 13, 2021
Fuel Tech, Inc. Announces Annual Meeting of Stockholders

May 12, 2021
Fuel Tech, Inc. Reports 2021 First Quarter Financial Results

April 28, 2021
Fuel Tech, Inc. Schedules First Quarter 2021 Financial Results Conference Call

March 15, 2021
Fuel Tech, Inc. Reports Fourth Quarter And Full Year 2020 Financial Results

March 8, 2021
Fuel Tech, Inc. Schedules Fourth Quarter And Full Year 2020 Financial Results And Conference Call

February 17, 2021
Fuel Tech, Inc. Announces Closing of $25.8 Million Private Placement Priced At-The-Market

February 11, 2021
Fuel Tech, Inc. Announces $25.8 Million Private Placement Priced At-The-Market Under Nasdaq Rules

December 7, 2020
Fuel Tech Regains Compliance With NASDAQ Minimum Bid Price Requirement

November 10, 2020
Fuel Tech Reports Third Quarter 2020 Financial Results

November 2, 2020
Fuel Tech Schedules Third Quarter 2020 Financial Results And Conference Call

September 22, 2020
Bradley W. Johnson Appointed General Counsel Of Fuel Tech

September 22, 2020
Fuel Tech Announces Listing Transfer To NASDAQ Capital Market and 180 Day Extension

September 17, 2020
Fuel Tech Receives $2.6 Million Insurance Reimbursement

September 11, 2020
Fuel Tech President & CEO Vincent J. Arnone is scheduled to present at the 22nd Annual H.C. Wainwright Global Investment Conference.

August 11, 2020
Fuel Tech Reports 2020 Second Quarter Financial Results

August 6, 2020
Fuel Tech Schedules Second Quarter 2020 Financial Results

July 6, 2020
Fuel Tech Awarded Multiple Equipment Orders From The US and Europe Totaling $2.2 Million

May 12, 2020
Fuel Tech Reports 2020 First Quarter Financial Results

May 7, 2020
Fuel Tech Announces FUEL CHEM® Demonstration Orders from Two New Industrial Power Customers

May 5, 2020
Fuel Tech Adjourns Annual Meeting Of Stockholders To June 16, 2020

April 30, 2020
Fuel Tech Reports 2020 First Quarter Financial Results

March 11, 2020
Fuel Tech Reports 2019 Fourth Quarter Financial Results

December 9, 2019
Fuel Tech Awarded Air Pollution Control Orders Totaling $2.6 Million

November 13, 2019
Fuel Tech Reports 2019 Third Quarter Financial Results

November 4, 2019
Fuel Tech Awarded Air Pollution Control Orders Totaling $2.1 Million

October 28, 2019
Fuel Tech Schedules 2019 Third Quarter Financial Results and Conference Call

September 5, 2019
Fuel Tech to Present at the 21st Annual H.C. Wainwright Global Investment Conference

August 13, 2019
Fuel Tech Reports 2019 Second Quarter Financial Results

July 29, 2019
Fuel Tech Schedules 2019 Second Quarter Financial Results and Conference Call

July 1, 2019
Fuel Tech Joins Russell Microcap® Index