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Fuel Tech, Inc. (FTEK) Receives $2.6 Million Contract for ASCR(TM) Advanced Project in Taiwan

Fuel Tech, Inc. announced that it has been awarded a $2.6 million contract to supply equipment and engineering services for an ASCR™ Advanced SCR project in Taiwan in the Republic of China. One of Fuel Tech’s existing industrial boiler customers ordered the project, with the intent that it will incorporate Fuel Tech’s combined Low NOx Burner (LNB), Over-Fire Air (OFA), NOxOUT® Selective Non-Catalytic Reduction (SNCR) and Selective Catalytic Reduction (SCR) technologies. Fuel Tech has scheduled delivery for the equipment in late 2011 and early 2012.

Fuel Tech’s ASCR system is a layered technology approach that offers advantages over full-scale standalone SCR systems, including lower capital costs, enhanced fuel flexibility and reduced spatial requirements. This technology integrates the three mainstream NOx control technologies (combustion modification, SNCR, and SCR) into one cost-effective, high-performance nitrogen oxide (NOx) reduction solution.

Douglas G. Bailey, Chairman, President and Chief Executive Officer, commented, “We are pleased to receive this order from a repeat customer and this contract represents our third ASCR order in China. These ASCR contract awards display our unique capability to integrate technologies ranging from Low NOx Burners, Over-Fire Air and hybrid SNCR/SCR into one system that offers a competitive NOx reduction solution to power plant units of all sizes. We continue to see increased discussions with operators of power plants and industrial units as a result of more stringent NOx control regulations in the Pacific Rim market.”

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