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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

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.


TSXV:TMG - Post by User

Post by Barrhaveniteon Apr 01, 2000 11:57pm
339 Views
Post# 1706642

The Future

The FutureI agree. The time is right for Thermal and especially long term, as not only will it be necessary but required, that industry reduces pollution. China, and most of Asia are a prime market if we can get an alliance or perhaps Honeywell can get us there. The other side to this story is the energy savings especially with the increasing crude oil and gasoline prices. Thermal has publicly said that they will guarantee a saving, and thats impressive. With crude oil doubling over the past year a lot of corporations profits are dwindling, and if they are spending 50 mil on energy and can be guaranteed a 50% saving, guaranteed, that adds a significant amount of additional profit. Lesabre
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