Founded in 1988, ThermoEnergy Corporation is an integrated technologies company that trades on the OTCBB. As part of the Waste Management industry they strive to think ‘clean and green’ when it comes to their business. They engage in the worldwide commercialization of patented and/or proprietary municipal and industrial wastewater treatment. In addition, they involve themselves in clean energy technologies.
ThermoEnergy has their headquarters in Little Rock, Arkansas, as well as offices in Worcester and Hudson, Massachusetts, and New York City. The company serves municipal, industrial, and agricultural markets in the United States. Their wastewater treatment technologies provide cost savings for their customers in demanding applications. Their clean combustion technology helps their customers who rely on oil or natural gas to switch to cheaper energy sources while meeting air emission standards and providing for full CO2 capture.
ThermoEnergy Corporation’s technologies provide solutions for removing nitrogen from wastewater streams. Their ThermoFuel process is a renewable energy process that converts sewage sludge or biosolids into a high-energy solid fuel. These technologies also enable the conversion of coal and other hydrocarbon fuels into energy. ThermoEnergy recently acquired CASTion Corporation, a supplier of wastewater treatment and chemistry recovery systems. CASTion provides turnkey solutions and offers products that include vacuum distillation, evaporators, reverse osmosis, ion exchange, oil/water separators, and specialty products. CASTion Corporation is located in Worcester, Massachusetts.
ThermoEnergy’s Clean Energy Technology, The ThermoEnergy Integrated Power System (TIPS), is a patented technology based on reliable oxy-fuel chemistry. TIPS combines the combustion of carbonaceous fuels with complete recovery of all by-products including acid gases, mercury, particulates and CO2, at efficiencies comparable to those of conventional large-scale combustion technologies.
ThermoEnergy’s Water Technology, their Ammonia Recovery Process (ARP), is a method for removing ammonia from dilute wastewater streams in municipal, agricultural, or industrial applications. ARP is a chemisorptions process that continually removes ammonia from the waste stream. It requires smaller tanks, and allows for more flexible operating conditions and shorter system recovery times in the event of upset. The process uses smaller quantities of less expensive chemicals and produces a commercial grade fertilizer as a byproduct.
In July, ThermoEnergy Corporation’s CASTion subsidiary announced that a leading U.S. aerospace and military supplier has purchased an additional CASTion custom-designed, proprietary chemical recovery and water conservation system. The additional custom-designed system is to further the customer’s goal of minimizing its environmental impact on land, water, air, and human health through the beneficial reuse of water and the recycling of primary manufacturing by-products. The contract will provide $1.1 million in revenue to CASTion.
ThermoEnergy Corporation continues to move forward with innovative technologies in wastewater treatment and clean power generation. In 2005, they earned the prestigious Frost & Sullivan Award for Innovative Wastewater Treatment Technologies. The Award recognized ThermoEnergy’s Ammonia Recovery Process (ARP) and ThermoFuel process for bringing significant contributions to the industry in terms of adoption, change, and competitive posture. These technologies are providing value to ThermoEnergy’s customers and investors alike.
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