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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 Rabbtgainson Oct 06, 2016 8:22am
309 Views
Post# 25315822

Carbon tax boosts emission reducing companies

Carbon tax boosts emission reducing companies

TMG is a great example of it. DYA sp has gone parabolic and I believe TMG is still to show its full sp gain potential. Afterall we are dealing with a company that is doing solid and its growth excl. mega project is rising steadily on annual basis; year 2007 revenue was under one million and check how the company is doing now with no debt. They have good foreing operations with agents and offices in many different countires. 

Like earlier mentioned: many plants, hospitals etc. lack heat recovery systems that can lead to really high savings. For example, a deal with an hospital worth of 1 148 000 $ provides 361 000 $ annual savings and reduces CO2 emissions by 1200 tonnes, this means over 7 million in 20 years (excluding the carbon tax savings)! 

Alright, now to the main point of the post: CO2 reduction and the tax. Before no plant cared about CO2, however now that CO2 emissions have tax's the case is totally different. This will directly contribute to the sales of TMG and TMG is ready for it (unlike many companies that are trading much higher with no sales or ready products, just the dream of bright future). 

Good luck all. Lets hope to see some volume today also!

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