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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 AlbertESGon Nov 05, 2024 9:53am
64 Views
Post# 36296886

RE:RE:Support

RE:RE:SupportRegarding the ESG, carbon policies might become a thing of the past in the USA, and perhaps this is a factor contributing to TEI's slow sales. If Trump wins the election, he will reverse most of the green agenda, and once carbon emissions are no longer a "thing" it will represent a major headwind for TEI. The US represents more than half of the company's sales, and carbon savings have been one of the main selling features of their products. Soon, companies might not care about this aspect.

In terms of Trump's energy policies, his motto is "drill, baby drill". This will lead to an increase in natural gas and a decrease in prices - another headwind for TEI in the US.

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