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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Post by proneon Dec 21, 2023 10:29am

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As expected ...!

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End of Year Round Up

As we approach the end of the calendar year, here's an overview of the key developments, orders, and events from Thermal Energy.

Our presence in the media has garnered attention from respected outlets, highlighting our commitment to innovation and sustainability. Find Thermal Energy in the media with the links below.

Podcast: Thermal Energy Showcased on Planet MicroCap
Market Watch Feature: Conquering Industrial Carbon Emissions with Canadian Engineering - The Environment Journal
Podcast: Reduce Energy Costs and Emissions: Thermal Energy International w/ William Crossland - The Investor’s Podcast Network
Stockhouse Interview: William Crossland featured on The Watchlist

Highlighted by our recent orders, we continue providing energy efficient solutions to major companies in various industries.

Secured a $3.7 Million Heat Recovery Order from One of Europe’s Largest Food and Drink Producers
Celebrated Strong, Profitable Growth in the First Quarter
Secured a $2.6 Million Heat Recovery Order from a Multinational Dairy and Nutrition Company
Received $1.9 Million in Repeat Business from a Global Nutrition Company
Secured a $4 Million Turn-key Heat Recovery Order from a Leading Pharmaceutical Company

In exciting company news, our UK operations are on the move to better cater to the demand for GEM Steam Traps. Explore the details in the following release:

Relocating UK Operations to Meet Growing Demand for GEM Steam Traps

As the year ends, we continue our commitment in the new year to designing, engineering and implementing innovative industrial carbon and energy reduction solutions for major multinational companies.