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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 TMG12FORWRDon Nov 22, 2018 8:46pm
70 Views
Post# 29012204

Nov.19/18, Thermal Energy Improves 1site Efficiency for....

Nov.19/18, Thermal Energy Improves 1site Efficiency for........Leading Chemicals Corporation.

Lots to be noted in this deal that adds toG&D of TMG.

1-$950000.  
2-European, do not think that would be a U.K. reference,hence break into new large market
3-chemical sector, a break into new market line as TMG's first heat recovery in said sector
4-Another Fortune 500 company as per planned approaches to sales capture,, and is first with this company following successful sales "door opener" with highly successful GEM instal
5-combined BEI Heat-Sponge indirect heat recovery with FLU-ACE direct heat recovery unit....there it is,proof of solid acquisition move, with more to come IMO
6-Highly efficient application of TMG technologies,
   -optimal heat recovery,
   -payback less than 25 months
   -$465000/a. savings for client.
   Client would be thrilled IMO.  And, don't forget this application saves plenty on energy use which Europeans remain committed to,i.e., the "environmental footprint".

Completion and revenues earned within 9 months.  
TMG just getting better and faster at what it does.   The "pudding thickens.=growth and development.
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