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  September 5, 2001
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Home > Company Index > Manufacturing > Pollution & Treatment Controls & Filtration Products > Fuel-Tech N.V.

Fuel-Tech N.V.
Nasdaq (SC): FTEK
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 PROFILE
Thanks in part to the Clean Air Act, Fuel-Tech N.V. is batting in the clean-up position. Through its Fuel Tech subsidiary, the company sells NOxOUT for the reduction of nitrogen oxide in industrial power-generators that use fossil fuels, including coal. Its retrofittable systems have been installed on more than 260 combustion units in the US and abroad. The company also makes Fuel Chem to reduce slag formation and corrosion in boilers, furnaces, and incinerators. Fuel-Tech has a 21% interest in Clean Diesel Technologies, maker of a diesel fuel additive to reduce emissions and improve fuel economy. CEO Ralph Bailey and family own about 25% of the company.

 COMPETITION
BHA Group Holdings, Inc. (BHAG)
Crown Andersen Inc. (CRAN)
Environmental Elements Corporation (EEC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 21.90
1-Yr. Sales Growth: (34.2)%
Employees: 65
Revenue per employee: $336,923.08

 KEY PEOPLE
• Ralph E. Bailey
    CEO
• Scott M. Schecter
    CFO

 CONTACT INFO
Castorweg 22-24
Willemstad Curacao, Netherlands Antilles
Phone: 599-9-461-3754
Fax: 599-9-461-6501
Online: Web Site

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