Fuel Tech, Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Ramesh Nuggihalli
- Full Time Employees
- 77
- Sector
- Process industries
- Industry
- Chemicals: major diversified
- Address
- 27601 Bella Vista Parkway Warrenville IL United States 60555-1617
- IPO Date
- Sep 7, 1993
- CIK
- 0000846913
- Website
- ftek.com
- Similar Companies
- Business
- Fuel Tech, Inc. (Nasdaq: FTEK) develops, commercializes, and applies proprietary technologies for air pollution control, process optimization, combustion efficiency, and advanced engineering services; its Air Pollution Control (APC) segment offers nitrogen oxide (NOx) reduction solutions including NOxOUT and HERT SNCR systems, Rich Reagent Injection (RRI) systems, ASCR Advanced Selective Catalytic Reduction (SCR) systems, low NOx burners, over-fire air systems, ULTRA ammonia generation processes, XCAM ammonia measurement systems, Electrostatic Precipitator (ESP) enhancements, and Flue Gas Conditioning (FGC) systems; the Chemical Technologies segment provides TIFI Targeted In-Furnace Injection programs to control slagging, fouling, corrosion, opacity, sulfur trioxide, ammonium bisulfate, particulate matter (PM2.5), carbon dioxide (CO2), and HCl emissions via HClear programs; additional offerings encompass DGI Dissolved Gas Infusion for water treatment, REDOX chemical additives for mercury control, boiler testing, combustion optimization, SCR management services, and flow corrective devices such as GSG Graduated Straightening Grid, supported by proprietary Computational Fluid Dynamics (CFD) modeling. Incorporated in 1987 and headquartered in Warrenville, Illinois, the company maintains additional U.S. offices in Durham, North Carolina; Stamford, Connecticut; and Westlake, Ohio, alongside international locations in Milan, Italy, and Beijing, China; it serves utility, industrial, power generation, municipal wastewater, and aquaculture customers worldwide, with over 1,300 APC installations on units burning coal, fuel oil, natural gas, biomass, municipal waste, and other fuels. In late 2025, Fuel Tech acquired intellectual property assets and customer-related activities from Wahlco, Inc., for $350,000 to expand its APC solutions portfolio and global market opportunities; the acquisition complements existing SCR technologies amid rising demand for emissions control in power generation supporting data centers and utilities; the company also reported a 20% increase in APC backlog from mid-2025 levels, FUEL CHEM revenues of $4.8 million in Q3 2025 driven by new contracts, and expectations for segment revenues to reach highest levels since 2022.
Company News
AI debt fears fuel tech volatility: The Investment Committee's strategy
4 Pollution Control Stocks to Watch on Robust Industry Trends
Financing fears fuel tech sell-off
Fuel Tech Announces Air Pollution Control Contracts Valued at Approximately $2.8 Million
Fuel Tech To Present At H.C. Wainwright 28th Annual Global Investment Conference
Fuel Tech, Inc. Names Sharon L. Jones Chair of the Board
BlackRock Inc. Takes Position in Fuel Tech, Inc. $FTEK
Fuel Tech, Inc. (FTEK) Q2 2026 Earnings Call Transcript
Fuel Tech Reports 2026 Second Quarter Financial Results
Fuel Tech Appoints Ramesh Nuggihalli President and Chief Executive Officer
Fuel Tech Announces Air Pollution Control Contracts Valued at Approximately $2.6 Million
Fuel Tech Schedules 2026 Second Quarter Financial Results and Conference Call
Fuel Tech Set to Join Russell Microcap® Index
Fuel Tech, Inc. (FTEK) Q1 2026 Earnings Call Transcript
Fuel Tech Reports 2026 First Quarter Financial Results
4 Pollution Control Stocks to Watch on Robust Industry Trends
Fuel Tech Announces Air Pollution Control Contracts Valued at Approximately $10 Million
Fuel Tech Schedules 2026 First Quarter Financial Results and Conference Call
Fuel Tech, Inc. (FTEK) Q4 2025 Earnings Call Transcript
Fuel Tech Schedules 2025 Fourth Quarter Financial Results and Conference Call