Brinks Innovation Competition Announces 2011 Finalists; Catacel Corporation ...
GARRETTSVILLE, Ohio, Sept. 7, 2011 /PRNewswire via COMTEX/ -- Intellectual property law firm Brinks Hofer Gilson & Lione has recognized Northeast Ohio-based Catacel Corporation as one of five finalists in its 3rd Annual Brinks Innovation Competition. Finalists include the top Midwest entrepreneurs in green and clean technology that have demonstrated solutions to global challenges such as renewable and alternative energy, environmental technologies, and infrastructure and community improvements.
Catacel custom engineers and manufactures heat-exchanging reaction materials that enable breakthroughs in production economics and energy efficiency. These materials intensify fundamental processes within the fuel cell, hydrogen generation and gas separation systems, resulting in greater yields, reduced fuel consumption and lower cost.
The Brinks Innovation Competition is held annually in conjunction with the Midwest Clean Tech Conference hosted on Sept. 14, 2011, in Chicago. Finalists were chosen by a panel of nine judges, including green-tech intellectual property attorneys from Brinks, clean tech business executives, venture capitalists and experts representing regional universities. The winning entries include companies whose products, services and processes improve the productive use of natural resources through clean technology, with a sound business plan and a complete initial round of funding.
Fuel Tech Awarded Air Pollution Control Orders Totaling $2.3M
Fuel Tech, Inc. ( NASDAQ : FTEK), a world leader in advanced engineering solutions for combustion and emissions control systems for utility and industrial applications, today announced receipt of multiple air pollution control orders totaling $2.3 million.This group of orders includes baseline testing, Computational Fluid Dynamic (CFD) modeling and services for 15 units for five customers in the Midwest and Southeast that are evaluating Selective Non-Catalytic Reduction (SNCR) technology as an option to comply with their nitrogen oxide (NOx) emission requirements under the Cross-State Air Pollution Rule (CSAPR), which takes effect January 1, 2012. Often, modeling initiatives and engineering studies represent the first steps in an investment program and can lead to larger equipment and installation orders in the near future.
Douglas G. Bailey, Chairman, President and Chief Executive Officer, commented, “We are pleased that these utility customers have selected Fuel Tech to help them evaluate their short term strategies to achieve compliance in a dynamic regulatory environment that is calling for greater reductions in NOx emissions. Fuel Tech’s SNCR technology can provide our customers with timely NOx reductions where boilers may operate across a wide load range, and these flexible systems are designed to compliment additional Fuel Tech NOx reduction technologies, including combustion modifications, ASCR™ (Advanced Selective Catalytic Reduction) and conventional SCR.”
