| | Business Summary | | Fuel-Tech
N.V.,
a
technology
company,
is
engaged
in
the
business
of
air
pollution
control,
through
its
wholly
owned
subsidiary,
Fuel
Tech,
Inc.
(FTI),
and
its
affiliate,
Clean
Diesel
Technologies,
Inc.
(CDT).
FTI's
focus
is
the
worldwide
marketing
of
its
oxides
of
nitrogen
reduction,
and
fuel
and
flue
gas
treatment
(Fuel
Chem)
processes.
The
Fuel
Chem
business
uses
chemical
processes
for
slagging,
fouling
and
corrosion
control
and
plume
abatement
in
furnaces
and
boilers,
through
the
addition
of
chemicals
into
the
fuel
or
by
Targeted-In-Furnace-Injection.
CDT
is
a
specialty
chemical
company,
supplying
fuel
additives
and
systems
that
reduce
harmful
emissions
from
internal
combustion
engines,
while
improving
fuel
economy. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | FTEK
develops,
licenses,
and
markets
air
pollution
control
technologies
and
systems
tailored
to
meet
imminent
EPA
regulatory
mandates.
FTEK
also
markets
fuel
treatment
chemicals
and
processes
that
reduce
slag
formation
and
corrosion
in
boiler,
furnaces,
and
incinerators.
For
the
six
months
ended
6/30/01,
revenues
fell
23%
to
$7.9
million.
Net
loss
rose
56%
to
$971
thousand.
Results
reflect
reduced
domestic
NOx
utility
project
revenue
and
increased
S/G/A
expenses. | | More
from
Market Guide: Significant
Developments |
| | |
| Position | | Ralph Bailey | Chairman
and CEO. | | Steven Argabright | Pres
and COO | | Scott Schecter | CFO |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/f/ftek.gif)