Thermal Energy International (TSX: V.TMG, Stock Forum) Monday said it has received a purchase order valued at approximately $3.6 million for the installation of a heat recovery system for a major North American pulp and paper company, this according to a company news release.
The heat recovery system is expected to be installed and revenue earned over the next 12 months.
Thermal Energy International is a provider of custom energy and emission reduction technologies for energy intensive industries and institutions.