
Fuel Tech Inc
FTEK · NASDAQ · Industrials / Pollution & Treatment Controls
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About
Fuel Tech, Inc. engages in the development, commercialization, and application of technologies for air pollution control, process optimization, water treatment, and advanced engineering services to utility and industrial customers in the United States, rest of the Americas, Europe, South Africa, the Pacific Rim, and internationally. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide emissions (NOx) in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources; NOxOUT selected non-catalytic reduction and selected catalytic reduction systems, including ammonia injection grid and graduated straightening grid systems; electrostatic precipitator processes and services; ULTRA technology; urea direct injection systems; and flue gas conditioning systems. Its FUEL CHEM Technology segment provides chemical injection programs to improve the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units for the control of slagging, fouling, corrosion, opacity, and acid plume, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter, sulfur dioxide, and carbon dioxide through the addition of chemicals into the furnace using targeted in-furnace injection technology. This segment also offers its FUEL CHEM program for plants operating in the electric utility, industrial, pulp and paper, waste-to-energy, and university and district heating markets; and the owners of boilers, furnaces, and other combustion units for treating a wide variety of solid and liquid fuels, including coal, heavy oil, black liquor, biomass, and municipal waste. In addition, the company provides dissolved gas infusion systems, which utilize a proprietary channel injector and a patented saturator that infuses oxygen, carbon dioxide, or other gases into water; and visualization software. Fuel Tech, Inc. was incorporated in 1987 and is headquartered in Warrenville, Illinois.
Company Details
- SectorIndustrials
- IndustryPollution & Treatment Controls
- CEOMr. Ramesh Nuggihalli
- Employees77
- Headquarters27601 Bella Vista Parkway, Warrenville, IL, United States, 60555-1617, USA
- Websitehttps://www.ftek.com
Leadership
- Ms. Ellen T. AlbrechtVP, CFO & Treasurer · b. 1973
- Mr. William E. Cummings Jr.Senior Vice President of Sales · b. 1957
- Mr. Ramesh NuggihalliCEO & President
- Dr. William H. SunVice President of International Business & Technologies · b. 1958
- Mr. Bradley W. JohnsonVP, General Counsel & Secretary · b. 1966
- Mr. Kevin R. DoughertyVice President of Business Development & Marketing · b. 1962
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Buy1
Ownership Breakdown
- Institutions
- 24.07%
- Insiders
- 23.32%
- Retail / Other
- 52.61%
Top Institutional Holders
- Grace & White Inc1.54M4.94%
- Renaissance Technologies Corp1.41M4.51%
- Vanguard Capital Management, LLC988.00K3.17%
- Peapod Lane Capital LLC820.59K2.63%
- Geode Capital Management, LLC532.81K1.71%
- BlackRock Inc410.36K1.31%
- U.S. Bancorp304.78K0.98%
- GSA Capital Partners LLP295.14K0.95%
- Two Sigma Investments LLC168.46K0.54%
- Beartown Capital Management, LLC146.69K0.47%
- Susquehanna International Group, LLP140.09K0.45%
- Vanguard Fiduciary Trust Co132.50K0.42%
- State Street Corp121.85K0.39%
- XTX Topco Ltd118.25K0.38%
- Marquette Asset Management Inc.110.51K0.35%
- Thompson Davis & Co Inc85.80K0.27%
Top Fund Holders
- Vanguard MStar Total Stk Mkt Idx Invest731.73K2.34%
- Fidelity Nasdaq Composite ETF237.85K0.76%
- Fidelity Extended Market Index124.68K0.40%
- iShares Micro-Cap ETF80.25K0.26%