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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 stockpickmanon Jan 29, 2019 8:33am
72 Views
Post# 29291390

more very good news

more very good newsanother breakthrough for a new area....go TMG go ..... Thermal Energy Expands into New Food & Beverage Sub-Sector OTTAWA, ONTARIO January 29, 2019 Thermal Energy International Inc. (Thermal Energy, or the Company) (TSX-V: TMG), has been commissioned by a leading food ingredient company to install an innovative heat recovery system at one of its processing plants. This FLU-ACE heat recovery project, valued at over $2.4 million, is the first time Thermal Energy will apply its proprietary heat recovery technology in this Food & Beverage sub-sector. The Company has also had some early stage success selling its high-efficiency GEMTM steam traps to companies in this sub-sector in both Europe and North America but this industry sub-sector represents significant potential for all of Thermal Energys solutions including FLU-ACE, GEMTM, HEATSPONGE and DRY-REXTM.
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