CHEM

Fuel Tech Awarded Air Pollution Control Orders Totaling $2.1 Million

Retrieved on: 
Monday, March 11, 2024

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: 
Monday, March 11, 2024

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.

US Nuclear Advances Fight Against Opioid Crisis With Breakthrough Fentanyl Detection Technology

Retrieved on: 
Wednesday, November 15, 2023

In a groundbreaking move to combat the ongoing opioid epidemic, US Nuclear Corp (OTC-QB: UCLE) now offers the world’s first automatic, on-the-spot fentanyl detectors.

Key Points: 
  • In a groundbreaking move to combat the ongoing opioid epidemic, US Nuclear Corp (OTC-QB: UCLE) now offers the world’s first automatic, on-the-spot fentanyl detectors.
  • Fentanyl is now endemic in America and USN recommends fighting back by deploying and using these detectors just as widely as metal detectors.
  • Fentanyl is a synthetic opioid that is up to 50 times stronger than heroin and 100 times stronger than morphine.
  • US Nuclear's breakthrough technology can automatically identify and measure trace amounts of fentanyl with high precision and sensitivity.

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

Retrieved on: 
Tuesday, December 12, 2023

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.”

 Fuel Tech Reports 2023 Third Quarter Financial Results

Retrieved on: 
Tuesday, November 7, 2023

Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the third quarter ended September 30, 2023 (“Q3 2023”).

Key Points: 
  • Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the third quarter ended September 30, 2023 (“Q3 2023”).
  • “FUEL CHEM operations normalized during Q3 2023 as the unit downtime we experienced in the second quarter of 2023 (“Q2 2023”) caused by temporary maintenance activities and unplanned outages substantially abated.
  • The client reported excellent results from taste tests by local chefs including an absence of trimethylamines (TMA) within the harvest.
  • Adjusted EBITDA was $0.4 million in Q3 2023 compared to Adjusted EBITDA of $0.4 million in Q3 2022.

Fuel Tech Reports 2023 Second Quarter Financial Results

Retrieved on: 
Tuesday, August 8, 2023

Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the second quarter ended June 30, 2023 (“Q2 2023”).

Key Points: 
  • Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the second quarter ended June 30, 2023 (“Q2 2023”).
  • “Q2 2023 results were mixed between our operating segments.
  • As we entered the third quarter of the year, the unplanned outages within FUEL CHEM have abated, and we expect improved FUEL CHEM revenue for the second half of the year.”
    Mr. Arnone concluded, “We ended the second quarter with $32.9 million in cash and investments and no long-term debt.
  • Adjusted EBITDA loss was $(1.2) million in Q2 2023 compared to Adjusted EBITDA loss of $(0.2) million in Q2 2022.

Fuel Tech Reports 2023 First Quarter Financial Results

Retrieved on: 
Tuesday, May 9, 2023

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

Key Points: 
  • Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the first quarter ended March 31, 2023.
  • “We generated positive cash from operations, and ended the first quarter with $33.8 million in cash and investments and no long-term debt.
  • Adjusted EBITDA loss was $(0.6) million in Q1 2023 compared to Adjusted EBITDA loss of $(0.9) million in Q1 2022.
  • Management will host a conference call on Wednesday, May 10, 2023 at 10:00 am ET / 9:00 am CT to discuss the results and business activities.

Science-Forward Skincare Brand A.P. CHEM® Debuts New Age-Decelerating Products and Stigma-Breaking Social Campaign

Retrieved on: 
Tuesday, April 11, 2023

CHEM announces the launch of their newest age-decelerating skincare aimed at the Xennial and Gen X community that is both results-driven and accessibly priced.

Key Points: 
  • CHEM announces the launch of their newest age-decelerating skincare aimed at the Xennial and Gen X community that is both results-driven and accessibly priced.
  • CHEM combines the best of classic ingredients with clinically-proven Alt-Pharma™ ingredients to create a power-packed regimen.
  • “Our brand ethos is unique in its advocacy for Psychedelic Medicine because of my personal experience and connection to the cause.
  • CHEM and the “We See You” campaign, please visit www.apchembeauty.com and follow on Instagram at @apchembeauty .

City Tech Chemistry Professor Creates Innovative Tool for Distance Learning Being Used at Educational Institutions Across the U.S.

Retrieved on: 
Tuesday, March 21, 2023

To drive the spectrometer, Deiner and his partners created a kit including custom software and a six-module curriculum of experiments.

Key Points: 
  • To drive the spectrometer, Deiner and his partners created a kit including custom software and a six-module curriculum of experiments.
  • City Tech Provost and Chemical Engineer Pamela Brown says, “Typically, spectrometers are expensive pieces of equipment, accessible only in chemistry labs.
  • In learning how to create hands-on place-independent activities and foster social and community interaction across distance, we met an urgent need.
  • Jay Deiner is an Associate Professor of Chemistry (City Tech, CUNY) and co-founder of Trimontana, an educational technology company devoted to enabling place-independent hands-on STEM learning.

Fuel Tech Reports 2022 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Tuesday, March 7, 2023

Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the fourth quarter and full year ended December 31, 2022.
  • “We ended the year in a strong financial position, with $32.7 million in cash and investments, and no long-term debt.
  • Revenues at our FUEL CHEM® segment declined modestly year-over-year, with segment gross margin essentially unchanged and at historic levels.
  • Adjusted EBITDA loss was $(0.3) million in Q4 2022 compared to Adjusted EBITDA loss of $(0.05) million in Q4 2021.