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Thermal Energy Receives $1.3M Order for Water Recovery System for Leading Fortune 500 Food & Beverage Corporation
(via TheNewswire) OTTAWA, ONTARIO / TheNewswire / October 25, 2018 - Thermal Ene...
About this update from Thermal Energy International Inc.
[{"type":"text","content":"\nThermal Energy Receives $1.3M Order for Water Recovery System for Leading Fortune 500 Food & Beverage Corporation(via TheNewswire)\n\n \n \n\n \n \nOTTAWA, ONTARIO / TheNewswire / October 25, 2018 - Thermal Energy International Inc. (\"Thermal Energy\" or the \"Company\") (TSX-V: TMG), a global provider of proprietary energy efficiency and sustainability solutions to the industrial, commercial and institutional sectors, has been commissioned by a leading Fortune 500 food and beverage company to implement a water recovery system as part of an ongoing sustainability drive. \n\n \n \nThis landmark project has an order value of approximately $1.3 million and highlights Thermal Energy's strategic goal of expanding its products and capabilities beyond energy efficiency to include water recovery and the broader sustainability market. This project is expected to reduce water usage by over 25 million gallons per year and save the customer an estimated $289,000 annually. \n\n \n \n\"We are pleased to announce the receipt of another significant order as a result of a longstanding and successful partnership with this customer.\" said William Crossland, CEO of Thermal Energy\n\n \n \n\"Our direct contact condensing FLU-ACE technology is not only one of the most efficient ways of recovering waste heat from boiler exhausts, it also continuously condenses the water vapour formed as part of the combustion process in order to deliver water savings and improve site sustainability. This has resulted in Thermal Energy delivering considerable water savings of over 10 million gallons per year to this key client through past FLU-ACE heat recovery projects. Our acknowledged success to date in recovering and utilizing low grade waste heat and water at this customer's facilities has led to our selection for this project focused solely on water recovery.\" \n\n\n \n\"As businesses across the globe look at how they can reduce operating costs and improve sustainability, they will increasingly be looking to suppliers that have a broad range of sustainability capabilities to identify, recommend and implement the most advantageous solutions.\" \n\n \n \nThe project is expected to be completed and revenue earned within six months. \n\n \n \nENDS\n\n \n \nFor media enquiries contact: \n\n\n \nDevin Crockett or Liz Fisher \n\n\n \nMarketing Manager \n\n\n \nTher...