FUEL

Fuel Tech Reports 2024 First Quarter Financial Results

Retrieved on: 
Martedì, Maggio 7, 2024
Utilities, Oil, Gas, Sustainability, Environment, Energy, Engineering, Green Technology, Manufacturing, CHEM, Investment, Weather, Aquaculture, DGI, Coal, Upcoming, APC, Adjustment, FUEL, Interest, Security (finance)

Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the first quarter (Q1 2024) ended March 31, 2024.

Key Points: 
  • Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the first quarter (Q1 2024) ended March 31, 2024.
  • We are currently pursuing additional FUEL CHEM opportunities at units that use coal and other fuel sources, which could provide incremental revenue contribution in the latter half of 2024.
  • Adjusted EBITDA loss was $(1.5) million in Q1 2024 compared to Adjusted EBITDA loss of $(0.6) million in Q1 2023.
  • Management will host a conference call on Wednesday, May 8, 2024 at 10:00 am ET / 9:00 am CT to discuss the results and business activities.

Fuel Tech Awarded Air Pollution Control Orders Totaling $2.1 Million

Retrieved on: 
Lunedì, Marzo 11, 2024
Technology, Manufacturing, Other Energy, Nuclear, Utilities, Other Technology, Other Manufacturing, Oil, Gas, Alternative Energy, Energy, Engineering, Municipal solid waste, SCR, Natural gas, Growth, APC, Metal, Selective non-catalytic reduction, Carbon, Corrosion, FUEL, NOx, SNCR, CHEM, Ammonia, Urea, Coal

Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control and water treatment in utility and industrial applications, today announced the receipt of air pollution control (APC) and Chemical Technologies orders from new and existing customers in Europe, the US and the Caribbean.

Key Points: 
  • Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control and water treatment in utility and industrial applications, today announced the receipt of air pollution control (APC) and Chemical Technologies orders from new and existing customers in Europe, the US and the Caribbean.
  • The first order is for a natural gas and process gas fired heater used at a chemical processing plant.
  • Fuel Tech’s SNCR technology is a proven solution for utility and industrial combustion unit owners looking to comply with more stringent NOx control requirements.
  • Fuel Tech’s range of technologies continues to provide value to support the needs of a wide range of industrial and utility operations.”

Fuel Tech Reports 2023 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Lunedì, Marzo 11, 2024
Other Energy, Utilities, Oil, Gas, Nuclear, Sustainability, Alternative Energy, Energy, Technology, Environment, Green Technology, Engineering, Other Technology, Manufacturing, SCR, FGC, Interest, DGI, APC, Upcoming, FUEL, Adjustment, SNCR, ULTRA, Investment, CHEM, Weather

Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the fourth quarter (Q4) and full year ended December 31, 2023.

Key Points: 
  • Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the fourth quarter (Q4) and full year ended December 31, 2023.
  • Our APC backlog at December 31, 2023 was $7.5 million, up from $5.6 million at September 30, 2023.
  • As expected, revenues at our FUEL CHEM® segment declined year-over-year for both the fourth quarter and full year 2023, with warmer weather across the US impacting unit dispatch; however, segment gross margin was essentially unchanged and at historic levels.
  • Adjusted EBITDA loss was $(0.6) million in Q4 2023 compared to Adjusted EBITDA loss of $(0.3) million in Q4 2022.

CPSC Warns Consumers to Immediately Stop Using True Brothers Fuel Bottles Due to Risk of Poisoning, Burn, and Flash Fire Hazards; Violation of Federal Safety Regulations for Portable Fuel Containers

Retrieved on: 
Giovedì, Aprile 4, 2024
Burns, Poisoning, CPSC, Risk, Child, FUEL, Walmart, Propane

The fuel bottles pose a flash fire hazard to all users due to lack of a flame mitigation device.

Key Points: 
  • The fuel bottles pose a flash fire hazard to all users due to lack of a flame mitigation device.
  • Under the Portable Fuel Container Safety Act, portable fuel containers manufactured after July 12, 2023, must have flame mitigation devices that impede the propagation of a flame into the container.
  • The manufacture dates of the True Brothers fuel bottles are unknown.
  • CPSC urges consumers to stop using the fuel bottles immediately and to dispose of them empty as normal refuse.

CPSC Warns Consumers to Immediately Stop Using Fuel Bottles Due to Risk of Poisoning, Burn, and Flash Fire Hazards; Violation of Federal Safety Regulations for Portable Fuel Containers

Retrieved on: 
Giovedì, Aprile 4, 2024
Burns, Poisoning, CPSC, Risk, Child, FUEL, Walmart

The fuel bottles pose a flash fire hazard to all users due to lack of a flame mitigation device.

Key Points: 
  • The fuel bottles pose a flash fire hazard to all users due to lack of a flame mitigation device.
  • Under the Portable Fuel Container Safety Act, portable fuel containers manufactured after July 12, 2023, must have flame mitigation devices that impede the propagation of a flame into the container.
  • The fuel bottles were sold on Walmart.com from an unknown start date through January 2024 for around $16.
  • CPSC urges consumers to stop using the fuel bottles immediately and to dispose of them empty as normal refuse.

Newell Brands Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Venerdì, Febbraio 9, 2024
Retail, Home Goods, Office Products, Food, Beverage, Communication, Writing, Transport, Security, Newell Brands, Project Phoenix, Investment, Human resources, GAAP, Sale, Average cost, Development, FUEL, Commercial, SKU, Table, NWL, Outdoor, Pharmaceutical industry

Newell Brands (NASDAQ: NWL) today announced its fourth quarter and full year 2023 financial results.

Key Points: 
  • Newell Brands (NASDAQ: NWL) today announced its fourth quarter and full year 2023 financial results.
  • Fourth quarter net sales were $2.1 billion, a decline of 9.1 percent compared with the prior year period.
  • Fourth quarter reported gross margin increased to 29.9 percent compared with 26.3 percent in the prior year period.
  • Fourth quarter reported diluted loss per share was $0.21 compared with $0.60 in the prior year period.

Chicken Soup for the Soul Entertainment and FUEL TV Form Joint Venture for Action Sports-Focused Streaming Content

Retrieved on: 
Lunedì, Gennaio 29, 2024
Technology, Audio, Video, General Sports, Entertainment, Apps, Applications, General Entertainment, Other Communications, Sports, Marketing, Advertising, Networks, Communications, Internet, TV and Radio, FUEL TV, OTT, Soup, Skiing, FUEL, Multimedia, Snow, SVOD, FAST, SNOW, Sport, LIVE, CTV, Television

Chicken Soup for the Soul Entertainment (NASDAQ: CSSE) today announced it has formed a joint venture with FUEL TV, the global leader in action-sports content, to create FUEL TV branded Subscription Video on Demand (SVOD) and Free Ad-Supported Streaming (FAST) channels.

Key Points: 
  • Chicken Soup for the Soul Entertainment (NASDAQ: CSSE) today announced it has formed a joint venture with FUEL TV, the global leader in action-sports content, to create FUEL TV branded Subscription Video on Demand (SVOD) and Free Ad-Supported Streaming (FAST) channels.
  • The companies will combine their respective content catalogs, including Chicken Soup for the Soul Entertainment-owned Subscription Video on Demand (SVOD) channels, which will become FUEL TV SURF, and LiftTicket will become FUEL TV SNOW.
  • In addition, the venture will create two new channels, FUEL TV SKATE and FUEL TV BIKE.
  • View the full release here: https://www.businesswire.com/news/home/20240129904955/en/
    Chicken Soup for the Soul Entertainment today announced a joint venture with FUEL TV for action sports-focused streaming channels.

LSU-Led Team, Including Bernhard Capital, Wins Largest NSF Grant Ever Awarded to Support Energy Transition

Retrieved on: 
Lunedì, Gennaio 29, 2024
LSU, University, Research, Policy, FUEL, NSF, Carbon, Workforce, Economic development, Plant, Education

BATON ROUGE, La., Jan. 29, 2024 /PRNewswire/ -- The U.S. National Science Foundation ("NSF") awarded $160 million—one of the largest and most competitive grants ever awarded in place-based research in the nation's history—to an LSU-led statewide effort of more than 50 partners, including Bernhard Capital Partners ("Bernhard Capital"), to establish Louisiana's Energy Transition Engine.

Key Points: 
  • BATON ROUGE, La., Jan. 29, 2024 /PRNewswire/ -- The U.S. National Science Foundation ("NSF") awarded $160 million—one of the largest and most competitive grants ever awarded in place-based research in the nation's history—to an LSU-led statewide effort of more than 50 partners, including Bernhard Capital Partners ("Bernhard Capital"), to establish Louisiana's Energy Transition Engine.
  • The NSF Engines grant will support Louisiana's energy industry, create jobs in the energy sector, develop innovative solutions to energy challenges and help train the world's next energy workforce.
  • The NSF Engines grant will support the energy transition and decarbonization of Louisiana's industrial corridor.
  • For more information on FUEL and the NSF Engines grant, visit www.fuelouisiana.org .

Fuel Tech Awarded Air Pollution Control and Chemical Technologies Orders Totaling $2.5 Million

Retrieved on: 
Martedì, Dicembre 12, 2023
Engineering, Other Natural Resources, Utilities, Manufacturing, Energy, Natural Resources, Electrothermal-chemical technology, CHEM, APC, Collection, ESP, Opacity, Ammonia, FUEL, FGC, Corrosion, Natural gas

Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control and water treatment in utility and industrial applications, today announced the receipt of air pollution control (APC) and Chemical Technologies orders from existing customers in South Africa and the Caribbean.

Key Points: 
  • Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control and water treatment in utility and industrial applications, today announced the receipt of air pollution control (APC) and Chemical Technologies orders from existing customers in South Africa and the Caribbean.
  • The contract was for two Dual Flue Gas Conditioning (FGC) systems to improve particulate capture from ESPs at an ore processing facility.
  • Fuel Tech is working with a local project partner in South Africa who is supplying the basic FGC equipment and providing the installation scope for the project.
  • Fuel Tech’s range of technologies continues to provide value by providing solutions to support the needs of a wide range of industrial operations.”

Kingswood Capital Management and First Bev Complete Investment in G FUEL, Providing Capital for Growth

Retrieved on: 
Giovedì, Novembre 16, 2023
Men, Entertainment, Online Retail, Professional Services, Consumer, Food, Beverage, Fitness & Nutrition, Retail, Other Consumer, Finance, Electronic Games, Health, Mikal Bridges, The Tetris Company, Energy, PewDiePie, Multimedia, Sony Pictures, Viz Media, Marketing, Mars, Incorporated, Mars, Ran Kevita, G FUEL, Activision, Rare (company), Pabst Brewing Company, Lucasfilm, SEGA, FUEL, Bethesda Game Studios, Cerberus Capital Management, Shopper, Ninja, Warner Bros., Management, Capcom, The Walt Disney Company, Soylent

Kingswood Capital Management and First Bev announced today a significant cash investment in G FUEL, the market leader in energy drinks targeting the 3+ billion global gamer community.

Key Points: 
  • Kingswood Capital Management and First Bev announced today a significant cash investment in G FUEL, the market leader in energy drinks targeting the 3+ billion global gamer community.
  • Alongside the investment, Bryan Crowley, formerly of ZenWTR, Soylent, Pabst Brewing Company, and Mars, Inc., was named by G FUEL as the company’s new CEO.
  • View the full release here: https://www.businesswire.com/news/home/20231116437732/en/
    New G FUEL CEO, Bryan Crowley (left) with G FUEL Founder, Clifford Morgan.
  • “Bryan, Kingswood, and First Bev all understand the incredible wealth of opportunity that exists with this brand,” said G FUEL Founder Clifford Morgan.