Thermal Energy International Inc V.TMG

Alternate Symbol(s): TMGEF

Industrials

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.

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Thermal Energy International Inc > Key points ...

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Comment by Mostlyseriouson Dec 14, 2022 7:41am

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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Key points ...

Notwithstanding the impact of various higher fuel costs on the cost of production of anything that has to be passed on clients, these higher natural gas prices probably still resulted in significantly lower payback periods to TEI clients. That last wastewater heat recovery project had a one year payback. Looking to the future, the sales team should be branding it as "Hotcake". With stronger marketing, they shouldn't be able to keep up with demand.