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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

Comment by canyousayiiion Dec 04, 2021 11:11am
52 Views
Post# 34198335

RE:These two Sofame technologies are best for TMG

RE:These two Sofame technologies are best for TMGI believe Sofame technology (not company) acquisition was made to expand their product offering. TEI has probably identified a number of needs with their clients and potential clients where their traditional offering was not the best solution, and some of this Sofame stuff may be better suited. So, hopefully they have gone back to all these places by now and presented them alternative solutions. We know they have been working on Sofame stuff since 2017 so they should have been prepared to hit the ground sprinting once the acquisition was sealed and delivered. A little bit disappointing that there is not much emphasis on it by Crossland in his presentations. Folk need to envision the future, the past is not as hot as they think it is for investing folk.
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