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Last $0.0007 USD
Change Today 0.00 / 0.00%
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TMEN On Other Exchanges
As of 8:10 PM 10/2/15 All times are local (Market data is delayed by at least 15 minutes).

thermoenergy corp (TMEN) Snapshot

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12/1/14 - $0.0095
52 Week Low
08/14/15 - $0.0007
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thermoenergy corp (TMEN) Details

ThermoEnergy Corporation is engaged in the commercialization of wastewater treatment systems and development of carbon reducing combustion technologies worldwide. The company offers wastewater treatment systems based on its controlled atmosphere separation technology (CAST) platform that includes water sourcing systems to treat brackish and natural water sources for use in societal and industrial processes; primary recovery systems to treat wastewater for reuse and concentrate the contaminants; final recovery systems to treat the remaining concentrate contaminants for disposal or additional processing to achieve zero liquid discharge; and compliance systems to meet local and federal regulatory mandates. The company’s CAST products comprise Turbo CAST, a heat recuperation technology; and Mobile CAST, a self-contained wastewater processing system. It also offers ammonia recovery process, which captures ammonia from dilute waste streams and converts it into ammonium sulfate, a fertilizer for agricultural markets; Thermo ARP that is used with industrial, agricultural, and municipal anaerobic digesters; ThermoFuel Process, a renewable energy process that converts digested or waste-activated sewage sludge into a fuel that can be converted into electricity; and enhanced biogas production process, a method of processing and treating animal waste from animal farming. In addition, the company owns a patented pressurized oxycombustion technology, which converts fossil fuels and biomass into electricity while producing near zero air emissions, as well as removing and capturing carbon dioxide in liquid form. Its wastewater treatment systems are used in the metal finishing, heavy manufacturing, hydraulic fracturing, petrochemical, refining, aerospace, food and beverage processing, pulp and paper, microchip and circuit board manufacturing, and municipal wastewater applications. The company was founded in 1988 and is headquartered in Worcester, Massachusetts.

24 Employees
Last Reported Date: 03/31/14
Founded in 1988

thermoenergy corp (TMEN) Top Compensated Officers

Chief Operating Officer, Interim Chief Financ...
Total Annual Compensation: $176.1K
Compensation as of Fiscal Year 2013.

thermoenergy corp (TMEN) Key Developments

ThermoEnergy Corporation Announces Executive Changes

On July 22, 2014, Joseph P. Bartlett resigned as a member of Board of Directors of ThermoEnergy Corporation. Mr. Bartlett had been a member of Board of Directors since May 2012. He previously served as a member of Board of Directors from October 2009 until December 2009. He has served as one of the four directors elected by the holders of Series B Convertible Preferred Stock, Series B-1 Convertible Preferred Stock and Series C Convertible Preferred Stock (voting together as a single class). On August 11, 2014, the Board of Directors elected Arthur S. Reynolds as Chairman of the Board, to fill the vacancy created by the resignation of former Chief Executive Officer, James F. Wood. Mr. Reynolds will serve as a non-executive chairman and will not assume any of Mr. Wood’s responsibilities as Chief Executive Officer. Mr. Reynolds has been a member of Board of Directors since October 2008, serving as one of the three directors elected by the holders of Common Stock and Series A Convertible Preferred Stock (voting together as a single class). Mr. Reynolds has been designated by the Board of Directors as independent lead director.

ThermoEnergy Corporation announced delayed 10-Q filing

On 08/19/2014, ThermoEnergy Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

David L. Keller Resigns as Director of ThermoEnergy Corporation, Effective May 31, 2014

David L. Keller resigned, effective May 31, 2014, as a member of ThermoEnergy Corporation's board of directors. Mr. Keller has been a member of board of directors since April 15, 2013.


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