Business
Thermal Energy Builds on Continued Success with Global Nutrition Company
(TheNewswire) OTTAWA, ONTARIO - TheNewswire - October 6, ...
About this update from Thermal Energy International Inc.
[{"type":"text","content":"Thermal Energy Builds on Continued Success with Global Nutrition Company\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n OTTAWA, ONTARIO -\n \n \n TheNewswire -\n \n \n October 6, 2020 - Thermal Energy International\nInc. (\"\n \n \n \n \n Thermal\nEnergy\n \n \n \n \n \" or the\n\"Company\") (TSXV:\n \n \n \n \n TMG\n \n \n \n \n ), an\ninnovative cleantech company and global provider of energy efficiency\nand emissions reduction solutions, has once again been commissioned by\na multinational food products corporation to install a second\nturn-key, energy-saving heat recovery system.\n \n \n \n \n Building on the effective results from the first heat\nrecovery unit installed last year on the manufacturer's boilers, this\nsecond\n \n \n \n \n FLU-ACE(R)\n \n \n \n \n heat recovery\nsystem, valued at approximately $840 thousand, is designed to increase\nthe efficiency of the site's dryer. Recovering and repurposing energy\ncurrently lost through the dryer exhaust, the solution will provide\nheat for the makeup air to the dryer, as well as contribute to\nbuilding heating.\n \n \n \n \n Delivering its estimated annual energy savings of over\n$310 thousand, the new dryer efficiency solution will provide the\ncustomer with a simple payback on investment of just under 3 years.\nCarbon emissions are also expected to be reduced by up to 1,304 tonnes\nby the site's second\n \n \n \n \n FLU-ACE(R)\n \n \n \n \n , resulting in a\nreduction of end-of-pipe particulate matter emissions by between 50%\nand 90%.\n \n \n \n \n \"With this third project since 2017, Thermal\nEnergy continues to play a role in the client's company-wide\ncommitment to improving energy efficiency and minimizing emissions,\nwith the installation expected to deliver both pollution prevention\nand pollution control.\" Said William Crossland, CEO of Thermal\nEnergy.\n \n \n \n \n \"They are fast becoming one of our biggest and\nmost important multinational customers, and with both\n \n \n \n \n FLU-ACE(R)\n \n \n \n \n heat recovery and\n \n \n \n \n GEM(TM)\n \n \n \n \n steam traps we have\nmade massive strides in support of this group. We are pleased to\ncontinue supporting their energy efficiency objectives with our\nworld-class proprietary energy efficiency technologies, and look\nforward to challenging our talented engineering team to ide...