Fuel Tech, Inc.incorporated in 1987, 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 (see related article China's Coal Power Pollution). Fuel Tech's special focus is the worldwide marketing of its nitrogen oxide (NOx) reduction and FUEL CHEM processes. The NOx reduction technology segment, which includes the NOxOUT, NOxOUT CASCADE, NOxOUT ULTRA and NOxOUT-SCR processes, reduces NOx emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources. The FUEL CHEM technology segment improves the efficiency, reliability and environmental status of combustion units by controlling slagging, fouling, corrosion, opacity, acid plume and loss on ignition, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter (PM2.5), carbon dioxide and NOx through the addition of chemicals into the fuel or via TIFI Targeted In-Furnace Injection programs. The Company has other technologies, both commercial and in the development stage, which are related to the NOxOUT and FUEL CHEM processes or are similar in their technological base.
The Company's NOx reduction technologies are installed worldwide on over 400 combustion units, including utility, industrial and municipal solid waste applications. Products include customized NOx control systems and urea-to-ammonia conversion technology, which provides reagent for use in selective catalytic reduction (SCR) systems. Fuel Tech's NOxOUT process is a selective non-catalytic reduction (SNCR) process that uses non-hazardous urea as the reagent rather than ammonia. The NOxOUT process on its own is capable of reducing NOx by up to 40% for utilities. Fuel Tech's NOxOUT CASCADE process uses catalyst as an addition to the NOxOUT process. Fuel Tech's NOxOUT-SCR process utilizes urea as a catalyst reagent to achieve NOx reductions of up to 85% from smaller stationary combustion sources. Its NOxOUT ULTRA system is designed to convert urea to ammonia for use as a reagent in the SCR process for NOx reduction.
In this sector, the Company competes with:
The FUEL CHEM technology segment revolves around the application of specialty chemicals to improve the efficiency, reliability and environmental status of plants operating in the electric utility, industrial, pulp and paper, and waste-to-energy markets. FUEL CHEM programs are in place on over 50 combustion units, treating a variety of solid and liquid fuels, including coal, heavy oil, biomass and municipal waste. Central to the FUEL CHEM approach is the introduction of chemical reagents, such as magnesium hydroxide, to combustion units via in-body fuel application (pre-combustion) or via direct injection (post-combustion) utilizing Fuel Tech's TIFI technology. By attacking performance-hindering problems, such as slagging, fouling, corrosion, opacity, acid plume and loss on ignition (LOI), as well as the formation of sulfur trioxide (SO3), ammonium bisulfate (ABS), particulate matter (PM2.5), carbon dioxide (CO2) and NOx, the Company's programs offer operational, financial and environmental benefits to owners of boilers, furnaces and other combustion units. The principal market for this product line is the continued use of coal as the principal fuel source for global electricity production.
The FUEL CHEM division competes with: