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FUEL-TECH N.V. TO TRADE ON NASDAQ

 STAMFORD, Conn., Sept. 2 /PRNewswire/ -- Fuel-Tech N.V., whose U.S. subsidiary, Fuel Tech, Inc., is headquartered here, announced today that it has been approved and will begin trading on NASDAQ, the National Association of Securities Dealers Quotation System, at the opening of trading on Tuesday, Sept. 7, 1993.
 Trading symbol of Fuel-Tech N.V. will be FTEKF.
 "We are confident that Fuel Tech's NASDAQ listing will provide our company with trading liquidity and investment community awareness," said Jeremy Peter-Hoblyn, chief executive officer.
 "As a joint venture partner with the Nalco Chemical Company (NYSE: NLC), we are positioned to capitalize on the Clean Air Act Amendments of 1990 (CAAA) as utilities and industrial firms seek the best means to comply with CAAA's air pollution control requirements," he said.
 The NOxOUT(R) Process has been proved in over 50 commercial installations to be a low-cost, highly efficient nitrogen oxide (NOx) reduction technology. The technology has been installed at utility and industrial sites in the United States, Sweden, Switzerland, Czechoslovakia, Germany and Taiwan.
 The NOxOUT Process, which is Fuel Tech's most important technology to date, is marketed by Nalco Fuel Tech, the joint venture with Nalco Chemical Company. Nalco Fuel Tech is based in Naperville, Ill., and has operations in Essen, Germany and Taipei, Taiwan.
 -0- 9/2/93
 /CONTACT: John Danaher, CFO of Fuel Tech, 203-328-3039; or Kathy Mattson or Warren Moulds, 708-564-5610, or Mark Perlgut, 212-580-4141, all of The Investor Relations Company, for Fuel Tech/
 (NLC FTEK)


CO: Fuel Tech, Inc.; Fuel-Tech N.V.; Nalco Chemical Company;
 Nalco Fuel Tech ST: Connecticut, Illinois IN: ENV CHM AUT SU:


ML -- DE003 -- 8367 09/02/93 11:03 EDT
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Publication:PR Newswire
Date:Sep 2, 1993
Words:277
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