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Fuel Tech Inc
27601 Bella Vista Pkwy
Phone: (630) 845-4433p:630 845-4433 WARRENVILLE, IL  60555  United States Ticker: FTEKFTEK
Business Summary
Fuel Tech, Inc. is a technology company, which is engaged in the development, commercialization and application of proprietary technologies for air pollution control, process optimization, water treatment and advanced engineering services. It has two segments: Air Pollution Control technology and FUEL CHEM technology. The Air Pollution Control technology segment includes technologies to reduce oxides of nitrogen (NOx) emissions in flue gas generated by the firing of natural gas or coal from boilers, incinerators, furnaces and other stationary combustion sources. These include NOxOUT and HERT Selective Non-Catalytic Reduction (SNCR) systems, and Selective Catalytic Reduction (SCR) systems. The FUEL CHEM technology segment uses chemical processes in combination with advanced computational fluid dynamics and chemical kinetics modeling boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in coal-fired furnaces and boilers.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023YesYes--Yes

Industries
SIC Code Description
3564 Industrial and commercial fans and blowers and air purification equipment
8711 Engineering services

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, President, Chief Executive Officer Vincent J.Arnone 59 1/1/2021 5/24/1999
Chief Financial Officer, Vice President, Treasurer Ellen T.Albrecht 50 6/1/2022 12/7/2006
Senior Vice President - Sales William E.Cummings 66 7/1/2016 4/5/2006
5 additional Officers and Directors records available in full report.

Business Names
Business Name
Advanced Combustion Technology, Inc.
Cleveland Roll Forming Environmental Division, Inc.
FGC Corporation
8 additional Business Names available in full report.

General Information
Number of Employees: 72 (As of 12/31/2023)
Outstanding Shares: 30,384,674 (As of 4/8/2024)
Shareholders: 56
Stock Exchange: NASD
Federal Tax Id: 205657551
Fax Number: (302) 636-5454
Email Address: mjaffin@morgenwalke.com


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Friday, April 19, 2024