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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. is a Canadian clean technology company. The Company provides energy efficiency and emissions reduction solutions to the Fortune 500 and other multinational companies. The Company operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. The Company 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 (GEM steam traps). The Company is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). The Company has two operational bases, one in Ottawa, Canada covering North America, and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Post by proneon Nov 01, 2023 9:44am
142 Views
Post# 35711023

Keep your eye on this ball ...

Keep your eye on this ball ... --->

CURTISS-WRIGHT SIGNS EXCLUSIVE AGREEMENT WITH THERMAL ENERGY INTERNATIONAL

TO BRING GEM STEAM TRAPS WITH ZERO MOVING PARTS
TO THE NORTH AMERICAN NUCLEAR POWER MARKET AND
DEPARTMENT OF ENERGY

 
Jun 28, 2022

BREA, CA  – June 28, 2022 – Curtiss-Wright’s Nuclear Division today announced that it has signed an exclusive teaming agreement with Thermal Energy International, Inc. (TEI) to bring GEM™ steam traps to the North American nuclear power market and Department of Energy.

“This partnership will allow Curtiss-Wright to broaden our portfolio of obsolescence solutions for the North American nuclear fleet and DOE,”

said Kurt Mitchell, Vice President and General Manager of Curtiss-Wright’s Nuclear and Valves Divisions.

“Through our collaboration with TEI, we will bring the industry an innovative valve solution that delivers a significant increase in efficiency over legacy designs.”

Per the agreement,

Curtiss-Wright will market and deliver TEI’s GEM steam traps, parts, and services to customers seeking a replacement for legacy steam traps that have become obsolete or difficult to maintain.

Unlike legacy products, the patented GEM steam trap technology features a unique design with no moving parts – reducing maintenance and improving reliability.

“We look forward to partnering with Curtiss-Wright to pioneer the use of GEM Steam Traps in a critical market.

Our solution will enable the North American nuclear power market to operate more efficiently and sustainably,” said William Crossland, Thermal Energy International CEO.


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