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Author: Matt1344 Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 278  
Subject: $4.6 Million NOxOUT ULTRA Contract in China Date: 4/30/2009 3:29 PM
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http://finance.yahoo.com/news/Fuel-Tech-Awarded-46-Million-b...

"Press Release Source: Fuel Tech, Inc.

Fuel Tech Awarded $4.6 Million NOxOUT ULTRA Contract in China

* On Thursday April 30, 2009, 9:27 am EDT

WARRENVILLE, Ill.--(BUSINESS WIRE)--Fuel Tech, Inc. (NASDAQ: FTEK - News), 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 a $4.6 million contract for multiple NOxOUT ULTRA® systems at a single power generation site in China. The systems will generate ammonia reagent in support of large coal-fired electric generating units to be retrofitted with selective catalytic reduction (SCR) systems for nitrogen oxide (NOx) control. Equipment deliveries for the first systems are scheduled to commence during the fourth quarter of 2009.

Fuel Tech’s NOxOUT ULTRA process provides for the safe and cost-effective on-site conversion of urea to ammonia for use as a reagent in the selective catalytic reduction of NOx, eliminating the hazards associated with the transport, storage and handling of anhydrous or aqueous ammonia.

John F. Norris Jr., President and Chief Executive Officer, commented, “This announcement represents our first major award in China this year and the Company’s fourth cumulative award of NOxOUT ULTRA systems in the world’s largest market for air pollution control equipment. [...]"


Regards, Ken (Long FTEK)
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