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 Mar 27, 2024 7:05pm

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-->Another Re-Fuel project is now live – another concrete step to help us achieve our Danone Impact Journey nature commitments!

The installation of a new heat recovery system at our Haps Specialized Nutrition site in the Netherlands will enable a 7% energy reduction.

The system recovers heat from exhaust gas, which would otherwise be lost.

The project is part of Danone’s Re-Fuel energy efficiency and decarbonisation program to improve #energyefficiency by 30% by 2025.

The roll-out follows the successful implementation of the same technology at our Macroom site in Ireland.

Energy consumption there has already been reduced by 12%.

Now other key factories in Indonesia, New Zealand, Germany, and Poland are reviewing the technology and how it can contribute to reducing our scope 1 & 2 emissions by 47.2% by 2030.

This is in line with the Danone Impact Journey framework and our evidence-based 1.5C° target.

Thanks to our partnership with Thermal Energy International, and the global and local teams working together to continue to reduce the environmental impact of our #supplychain. Donal Dennehy Adam Kocsis Sijmon Hage @Mark Willemsen Paul Kennedy