Fuel-Tech N.V. (FTEK)

[420man]

Added some on today's dip.. Looking forward to this from recent PR--->"When operational, these new units are expected to generate historical FUEL CHEM gross margins."

In the US, an order was received for equipment supporting Fuel Tech’s FUEL CHEM® TIFI® Targeted In-Furnace Injection technology that assists primarily coal-fired power generation units burn lower-quality fuels more cleanly and efficiently. This equipment will be installed on three coal-fired units that are expected to feed Fuel Tech’s proprietary chemical reagent as part of future TIFI program chemical sales. This same customer purchased and installed similar equipment in 2019 at a separate coal-fired plant prior to starting a TIFI Program. Delivery of equipment is scheduled for the third quarter of 2020. These units are not base-loaded units, and the revenue potential of the TIFI program chemical sales will be driven by power demand and unit dispatch. When operational, these new units are expected to generate historical FUEL CHEM gross margins.[/qoute]