Fuel Tech, Inc. (FTEK)

1.1300 +0.0100 (+0.89%) At close: 04:00PM EDT

Fuel Tech, Inc.

27601 Bella Vista Parkway
Warrenville, IL 60555-1617
United States
630 845 4500
https://www.ftek.com

Sector(s): Industrials
Industry: Pollution & Treatment Controls
Full-time employees: 72

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Vincent J. Arnone	Chairman, CEO & President	493.13k	N/A	1964
Ms. Ellen T. Albrecht	VP, CFO & Treasurer	324.72k	N/A	1973
Mr. William E. Cummings Jr.	Senior Vice President of Sales	398k	N/A	1957
Dr. William H. Sun	Vice President of International Business & Technologies	140.94k	104.83k	1958
Mr. Bradley W. Johnson	VP, General Counsel & Secretary	N/A	N/A	1966
Mr. Kevin R. Dougherty	Vice President of Business Development & Marketing	N/A	N/A	1962

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. The company operates through Air Pollution Control Technology and FUEL CHEM Technology segments. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide (NOx) emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources; NOxOUT and HERT selective non-catalytic reduction systems; selective catalytic reduction systems comprising ammonia injection grid, and graduated straightening grid systems; I-NOx systems; ESP Processes and Services; ULTRA technology; and flue gas conditioning systems. The FUEL CHEM Technology segment provides programs to improve the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units by controlling slagging, fouling, corrosion, opacity, and acid plume, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter, sulfur dioxide, and carbon dioxide through the addition of chemicals into the furnace using TIFI targeted in-furnace injection technology. This segment offers its FUEL CHEM program for plants operating in the electric utility, industrial, pulp and paper, waste-to-energy, and university and district heating markets; and the owners of boilers, furnaces, and other combustion units. Fuel Tech, Inc. was incorporated in 1987 and is headquartered in Warrenville, Illinois.

Corporate governance

Fuel Tech, Inc.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.