Fuel Tech Inc. (FTEK, Financial) filed Annual Report for the period ended 2010-12-31.
Fuel Tech Inc. has a market cap of $185.3 million; its shares were traded at around $7.65 with a P/E ratio of 191.3 and P/S ratio of 2.6.
Sales of the NOx reduction technologies were $40.9 million, $34.7 million, and $44.4 million for the years ended December 31, 2010, 2009 and 2008, respectively.
Combustion modifications, including Low NOx Burners and Over-Fire Air systems, can be fitted to most types of boilers with cost and effectiveness varying with specific boilers. Combustion modifications may yield up to 20% - 60% NOx reduction economically with capital costs ranging from $10 - $20/kW and levelized total costs ranging from $300 - $1,500/ton of NOx removed. The modifications are designed to reduce the formation of NOx and are typically the first NOx reduction efforts employed. Companies such as Alstom, Foster Wheeler Corporation, The Babcock & Wilcox Company, Combustion Components Associates, Inc., Siemens, and Babcock Power, Inc. are active competitors in the Low NOx Burner business. Once NOx is formed, then the SCR process is an effective and proven method of control for removal of NOx up to 90%. SCR systems have a high capital cost of $300+/kW on retrofit coal applications. Such companies as Alstom, The Babcock & Wilcox Company, Hitachi, Foster Wheeler Corporation, Peerless Manufacturing Company, and Babcock Power, Inc., are active SCR system providers, or providers of the catalyst itself.
The use of ammonia as the reagent for the SNCR process can reduce NOx by 30% 70% on incinerators, but has limited applicability in the utility industry. Ammonia system capital costs range from $5 - $20/kW, with annualized operating costs ranging from $1,000 $3,000/ton of NOx removed. These systems require the use of either anhydrous or aqueous ammonia, both of which are hazardous substances.
Consolidated APC segment backlog at December 31, 2010 was $19.3 million versus backlog at December 31, 2009 of approximately $22.0 million. Substantially all of the backlog as of December 31, 2010 should be recognized as r
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Fuel Tech Inc. has a market cap of $185.3 million; its shares were traded at around $7.65 with a P/E ratio of 191.3 and P/S ratio of 2.6.
Highlight of Business Operations:
The aggregate market value of the voting stock held by non-affiliates of the registrant at June 30, 2010 was approximately $114,758,000. The aggregate market value of the voting stock held by non-affiliates of the registrant at March 4, 2011 was approximately $140,939,000.Sales of the NOx reduction technologies were $40.9 million, $34.7 million, and $44.4 million for the years ended December 31, 2010, 2009 and 2008, respectively.
Combustion modifications, including Low NOx Burners and Over-Fire Air systems, can be fitted to most types of boilers with cost and effectiveness varying with specific boilers. Combustion modifications may yield up to 20% - 60% NOx reduction economically with capital costs ranging from $10 - $20/kW and levelized total costs ranging from $300 - $1,500/ton of NOx removed. The modifications are designed to reduce the formation of NOx and are typically the first NOx reduction efforts employed. Companies such as Alstom, Foster Wheeler Corporation, The Babcock & Wilcox Company, Combustion Components Associates, Inc., Siemens, and Babcock Power, Inc. are active competitors in the Low NOx Burner business. Once NOx is formed, then the SCR process is an effective and proven method of control for removal of NOx up to 90%. SCR systems have a high capital cost of $300+/kW on retrofit coal applications. Such companies as Alstom, The Babcock & Wilcox Company, Hitachi, Foster Wheeler Corporation, Peerless Manufacturing Company, and Babcock Power, Inc., are active SCR system providers, or providers of the catalyst itself.
The use of ammonia as the reagent for the SNCR process can reduce NOx by 30% 70% on incinerators, but has limited applicability in the utility industry. Ammonia system capital costs range from $5 - $20/kW, with annualized operating costs ranging from $1,000 $3,000/ton of NOx removed. These systems require the use of either anhydrous or aqueous ammonia, both of which are hazardous substances.
Consolidated APC segment backlog at December 31, 2010 was $19.3 million versus backlog at December 31, 2009 of approximately $22.0 million. Substantially all of the backlog as of December 31, 2010 should be recognized as r
Read the The complete Report
