Source: Thermal Energy International.
  • Thermal Energy (TMG) will undertake a C$1.8M GEM steam trap conversion order from a multinational consumer goods company
  • The nine-month order covers sites across Europe, North America and South America
  • Thermal Energy International provides energy efficiency and emissions reduction solutions
  • Thermal Energy (TMG) last traded at $0.10 per share

Thermal Energy (TMG) will undertake a C$1.8M GEM steam trap conversion order from a multinational consumer goods company.

The nine-month order covers a combination of partial and full-site GEM conversions for five sites across Europe, North America and South America.

The client chose Thermal Energy’s GEM steam traps after evaluations for reliability, efficiency, productivity, and return on investment.

“This customer is rolling out GEM steam traps to sites across three continents after conducting their own savings and ROI, which is a clear indication of how much our customers trust that ours are the most efficient and reliable steam traps on the market,” said William Crossland, Thermal Energy’s CEO.

Thermal Energy International provides energy efficiency and emissions reduction solutions to Fortune 500 and other large multinational companies. The company’s proprietary and proven solutions can recover up to 80 per cent of energy lost in typical boiler plant and steam system operations while delivering a high return on investment with a short, compelling payback.

Thermal Energy (TMG) last traded at $0.10 per share.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.


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