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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 Dec 03, 2018 8:49pm
142 Views
Post# 29058099

Saving water is a big deal...think of fresh water as....

Saving water is a big deal...think of fresh water as.......the New Gold".

Then carefully consider this,
Oct.25/18,  news release, $1.3m. order for water recovery system from Fortune 500 food& beverage company.

"This project is expected to reduce water usage by over 25 million gallons/year".

TMG can obviously do something big time for major clients and their needs.  GEM and FLU-ACE are excellent technologies of TMG growing stable of technologies.  Now, they have reinvented their technologies to water savings in huge amounts.

Wonder who else is out there in need of the same?  You don't have to look too far:
Oct.24/18 news release,Thermal Energy Developing Water and Heat Recovery Solution for Major Petrochemical Company.

Oilsands development uses huge amounts of water. 

The surface strip mining of the tarsands accounts for 20% of the oil recovered.  It requires a lot of water, 4 gallons per barrel of crude, most coming from the Athabasca River and that is very strictly limited and controlled.  And ,because of pollutants they can not send the waste water back into the river.  It is stored in large ponds which are problematic in their size and often leaking polluted out which is costly and fineable.  If they can reuse then they need less water and the ponds become less of a problem.

Then, and probably more interesting to TMG is the other 80% of the oil recovered.  This is In-Situ which is mining of the deeper oil sands.  It requires a lot of water at 0.04 gallons per barrel of crude.  Think 80% of the total of tarsands oil.  This is done by SAGF Steam Assisted Gravity Flow.  TMG is rather expert at water and at steam and its application to clients needs.  Of course,FLU-Ace would play aroll,I'm sure, as you want to gather all the heat possible to crete that steam and force it downward, then outward into the deposits.

The 24m. gallons was probably impressive to the oilsands company just as it was to the Fortune 500 company in its search for solutions.  

The large oil company is building a brand new 3 site producing area.  TMG has to come up with an engineering plan that fits their needs.  IMO TMG will win the contract.  This project would complete over 3-5 years.  Would that be nice backlog, or what?

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