Fuel Tech Awarded Air Pollution Control Orders Totaling $3.2 Million
WARRENVILLE, Ill., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Fuel Tech, Inc. (NASDAQ:FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today announced the receipt of air pollution control (APC) orders from new and existing customers in the US, Europe and Southeast Asia. These orders have an aggregate value of approximately $3.2 million.
An order was received from a repeat domestic customer to supply a Selective Catalytic Reduction (SCR) system and an aqueous ammonia reagent delivery system to an industrial process plant in the Western US. The SCR system will provide high levels of nitrogen oxide (NOx) reduction using aqueous ammonia reagent at the customer's new production plant. This is the sixth order from this customer over the past two decades. Equipment deliveries are expected in the third quarter of 2026.
An order was received from an existing customer in Europe for an aqueous ammonia delivery and injection system for renewable energy facilities in support of green hydrogen production. The ammonia equipment will be used for SCR technology, which uses a catalyst along with urea or ammonia as the reagent to provide high levels NOx reduction. Equipment deliveries are expected in the third quarter of 2026.
An order was received from a new global refinery customer in Southeast Asia for an SCR system using anhydrous ammonia as the reagent. The SCR system will be installed on a gas-fired industrial process unit. Deliveries are expected to be completed in the fourth quarter of 2025.
Vincent J. Arnone, President and Chief Executive Officer, commented, "We remain focused on building our APC project backlog and are pleased to announce these contracts that address a wide range of SCR applications where high NOx removal efficiencies are required. Our experience providing technology solutions using a wide range of reagents continues to grow in the global marketplace."
About Fuel Tech
Fuel Tech develops and commercializes state-of-the-art proprietary technologies for air pollution control, process optimization, water treatment, and advanced engineering services. These technologies enable customers to operate in a cost-effective and environmentally sustainable manner. Fuel Tech is a leader in nitrogen oxide (NOx) reduction and particulate control technologies and its solutions have been installed on over 1,300 utility, industrial and municipal units worldwide. The Company's FUEL CHEM® technology improves the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units by controlling slagging, fouling, corrosion and opacity. Water treatment technologies include DGI® Dissolved Gas Infusion Systems which utilize a patented saturator and a patent-pending channel injector to deliver supersaturated oxygen solutions and other gas-water combinations to target process applications or environmental issues. This infusion process has a variety of applications in the water and wastewater industries, including remediation, aeration, biological treatment and wastewater odor management. Many of Fuel Tech's products and services rely heavily on the Company's exceptional Computational Fluid Dynamics modeling capabilities, which are enhanced by internally developed, high-end visualization software. For more information, visit Fuel Tech's web site at www.ftek.com.
NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements" as defined in Section 21E of the Securities Exchange Act of 1934, as amended, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and reflect Fuel Tech's current expectations regarding future growth, results of operations, cash flows, performance and business prospects, and opportunities, as well as assumptions made by, and information currently available to, our management. Fuel Tech has tried to identify forward-looking statements by using words such as "anticipate," "believe," "plan," "expect," "estimate," "intend," "will," and similar expressions, but these words are not the exclusive means of identifying forward-looking statements. These statements are based on information currently available to Fuel Tech and are subject to various risks, uncertainties, and other factors, including, but not limited to, those discussed in Fuel Tech's Annual Report on Form 10-K in Item 1A under the caption "Risk Factors," and subsequent filings under the Securities Exchange Act of 1934, as amended, which could cause Fuel Tech's actual growth, results of operations, financial condition, cash flows, performance and business prospects and opportunities to differ materially from those expressed in, or implied by, these statements. Fuel Tech undertakes no obligation to update such factors or to publicly announce the results of any of the forward-looking statements contained herein to reflect future events, developments, or changed circumstances or for any other reason. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including those detailed in Fuel Tech's filings with the Securities and Exchange Commission.
CONTACT:
Vince Arnone
President and Chief Executive Officer
(630) 845-4500
Devin Sullivan
Managing Director
The Equity Group Inc.
[email protected]
