Fuel Tech, Inc. (NASDAQ: FTEK), a technology company
providing advanced engineering solutions for the optimization of
combustion systems, emissions control, and water treatment in
utility and industrial applications, announced today the
appointment of William (Bill) Decker as Vice President Water and
Wastewater Treatment Technologies, effective March 15, 2023. In
this newly created position, Decker will lead the growth and
development of Fuel Tech’s Dissolved Gas Infusion (DGITM)
technology, including business development, sales and marketing,
and new product development and commercialization.
Decker brings to Fuel Tech more than 30 years of engineering,
operational, and financial experience serving industrial and
municipal water and wastewater clients across the United States and
around the world. He joins Fuel Tech from Aqua-Aerobic Systems, a
global leader in the design, application, and manufacture of water
and wastewater treatment equipment and systems, where he served as
Vice President & General Manager Equipment Service Group since
2012. Prior to that, Decker was President of Aquionics, a supplier
of UltraViolet (UV) disinfection systems, and he also held
positions of increasing responsibility at Ashbrook Simon-Hartley, a
global provider of water and wastewater treatment services.
Decker was selected five times by multiple U.S. Secretaries of
Commerce to serve on the Environmental Technologies Trade Advisory
Committee (ETTAC), including twice as Chairman. ETTAC makes
recommendations to the Secretary of Commerce on issues that affect
export competitiveness of U.S. environmental technologies.
In November 2022, Decker was elected Chairman of The Water and
Wastewater Equipment Manufacturers Association (WWEMA), a
Washington D.C.-based non-profit trade association representing
water and wastewater technology and service providers since 1908.
WWEMA works closely with Congress and other regulatory agencies,
monitors legislative actions, testifies before Congressional
committees, and advocates for funding to meet environmental
goals.
Decker earned his BSCE, Civil Engineering from the United States
Air Force Academy and served as a USAF Civil Engineering Officer
for 6 years following his graduation. He rose to the rank of
Captain prior to his honorable discharge. Decker is currently
pursuing a M.S. degree in Occupational Safety and Health.
“Bill’s wealth of relevant experience and industry relationships
make him the ideal candidate to guide our DGI business and
introduce Fuel Tech’s innovative water treatment solutions to
municipal and industrial customers worldwide,” said Vincent J.
Arnone, President and CEO of Fuel Tech. “I look forward to
collaborating with Bill as we launch this exciting new business
initiative and address the important global issues of water
pollution and water sustainability.”
“Fuel Tech’s best-in-class Dissolved Gas Infusion technology
offers a flexible, sustainable, and cost-effective water and
wastewater treatment solution,” said Mr. Decker. “I am excited to
be part of a company with a rich history of technological
excellence, quality and integrity, and I look forward to helping
foster the growth of this effective and exciting water treatment
solution.”
About DGI
Fuel Tech’s DGI technology is an innovative alternative to
current aeration technologies. DGI utilizes two patent-pending
technologies to ensure optimal gas delivery to target water and
wastewater process applications: a next generation pressurized
saturator for gas transfer to a slipstream of water; and an
innovative delivery system to distribute an oxygenated slipstream
of water that virtually eliminates gas loss from the targeted
reservoir. DGI addresses a variety of issues, including regulatory
compliance, water preservation, as a replacement for chemicals to
treat wastewater, odor reduction, and improving overall water
quality for humans and wildlife. DGI’s addressable markets include
water and wastewater treatment, agriculture and irrigation,
reservoirs and natural waters, industrial process water
conditioning, pulp and paper, food and beverage facilities,
upstream oil & gas, and landfill leachate.
About Fuel Tech
Fuel Tech develops and commercializes state-of-the-art
proprietary technologies for air pollution control, process
optimization, water treatment, and advanced engineering services.
These technologies enable customers to operate in a cost-effective
and environmentally sustainable manner. Fuel Tech is a leader in
nitrogen oxide (NOx) reduction and particulate control technologies
and its solutions have been installed on over 1,200 utility,
industrial and municipal units worldwide. The Company’s FUEL CHEM®
technology improves the efficiency, reliability, fuel flexibility,
boiler heat rate, and environmental status of combustion units by
controlling slagging, fouling, corrosion and opacity. Water
treatment technologies include DGI™ Dissolved Gas Infusion Systems
which utilize a patented nozzle to deliver supersaturated oxygen
solutions and other gas-water combinations to target process
applications or environmental issues. This infusion process has a
variety of applications in the water and wastewater industries,
including remediation, aeration, biological treatment and
wastewater odor management. Many of Fuel Tech’s products and
services rely heavily on the Company’s exceptional Computational
Fluid Dynamics modeling capabilities, which are enhanced by
internally developed, high-end visualization software. For more
information, visit Fuel Tech’s web site at www.ftek.com.
NOTE REGARDING FORWARD-LOOKING
STATEMENTS
This press release contains “forward-looking statements” as
defined in Section 21E of the Securities Exchange Act of 1934, as
amended, which are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995 and reflect
Fuel Tech’s current expectations regarding future growth, results
of operations, cash flows, performance and business prospects, and
opportunities, as well as assumptions made by, and information
currently available to, our management. Fuel Tech has tried to
identify forward-looking statements by using words such as
“anticipate,” “believe,” “plan,” “expect,” “estimate,” “intend,”
“will,” and similar expressions, but these words are not the
exclusive means of identifying forward-looking statements. These
statements are based on information currently available to Fuel
Tech and are subject to various risks, uncertainties, and other
factors, including, but not limited to, those discussed in Fuel
Tech’s Annual Report on Form 10-K in Item 1A under the caption
“Risk Factors,” and subsequent filings under the Securities
Exchange Act of 1934, as amended, which could cause Fuel Tech’s
actual growth, results of operations, financial condition, cash
flows, performance and business prospects and opportunities to
differ materially from those expressed in, or implied by, these
statements. Fuel Tech undertakes no obligation to update such
factors or to publicly announce the results of any of the
forward-looking statements contained herein to reflect future
events, developments, or changed circumstances or for any other
reason. Investors are cautioned that all forward-looking statements
involve risks and uncertainties, including those detailed in Fuel
Tech’s filings with the Securities and Exchange Commission.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230302005717/en/
Vince Arnone President and Chief Executive Officer (630)
845-4500 Devin Sullivan Managing Director The Equity Group Inc.
dsullivan@equityny.com
Grafico Azioni Fuel Tech (NASDAQ:FTEK)
Storico
Da Apr 2024 a Mag 2024
Grafico Azioni Fuel Tech (NASDAQ:FTEK)
Storico
Da Mag 2023 a Mag 2024