03:48 PM EST - Thermal Energy International Inc. : announced it has received a non-binding purchase order for about $4 million from Kruger Products Limited, a subsidiary of Kruger Inc., to provide a FLU-ACE heat recovery solution for its tissue mill operations located in Gatineau, Quebec. The purchase order and realization of the full revenue potential for this project is subject to negotiation of final contract terms but will allow Thermal Energy to immediately begin detailed engineering of this important project for Kruger Products Limited. Execution of definitive terms is expected within the next several weeks. Thermal Energy International Inc.
shares V.TMG are trading up $0.02 at $0.07.
