Fuel Tech Nabs Advanced Combustion Technology

Lee, Michael
December 2008
Red Herring;12/9/2008, p2
Trade Publication
The article reports on the decision of pollution control company Fuel Tech to acquire Advanced Combustion Technology (ACT) for $22 million. Fuel Tech chief executive officer (CEO) John Norris relates that the acquisition was prompted by the desire of FuelTech to establish a meaningful presence in the combustion modification market. ACT specializes in combustion modification. The acquisition is expected to enable Fuel Tech to pick up the company's customer base, particularly in the U.S.


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