Thermal Energy International Inc V.TMG

Alternate Symbol(s): TMGEF

Industrials

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.

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Thermal Energy International Inc

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Post by proneon Jan 06, 2021 1:30pm

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Post# 32234173

Work is-process is still happening. as reported prior to AGM

Recent activity reported prior to AGM .. is still ongoing ..

Existing customers still want energy efficiency, now have access to new funding, and regularions suppoprt the reduction of Carbon Emissions ....

A selection of recent orders includes:

- $1,530,000 heat recovery equipment and extension order for a large publicly funded European healthcare provider

- $105,119 paid engineering study for a leading provider of environmental, energy and industrial services in North America

- $115,689 GEM(TM) steam traps order for a gas processing plant in United Arab Emirates to help the site continue to reduce its maintenance requirement

- $307,298 heat recovery equipment order for a Canadian Hospital

- $146,555 heat recovery equipment order for a family-owned American lumber company

- $112,981 order for GEM(TM) steam traps from a international Tires producer

- $129,531 site survey and failed steam trap GEM(TM) replacement project for a multinational pharmaceutical and biopharmaceutical company

- $101,000 GEM(TM) steam trap order from leading supplier of yarns

- $840,000 heat recovery equipment order from a multinational food products corporation, announced October 6, 2020

- $236,000 GEM(TM) steam trap order from a major fruit products processor

- $242,000 order for low maintenance GEM(TM) steam traps from a major grain and cereal processor

- $118,000 follow up GEM(TM) steam trap order from a globally recognized Tire Manufacturer

- $920,000 "Bolt-on" CHP FLU-ACE(R) heat recovery solution for a leading Food Group, announced August 18, 2020

- $262,000 GEM(TM) steam trap order from a multi-national pharmaceutical company

- $121,000 HEATSPONGE order from a major hospital chain

- $181,000 HEATSPONGE order from a US government organization

- $950,000 heat recovery equipment order from a consumer protein company, announced June 10, 2020

- $195,000 HEATSPONGE order from a leading national research unive