UTEC, Inc. (UTEI/UTEI.PK) Wrap Up:

UTeC, Inc., through its subsidiary UTEC Corporation, engages in the development, analysis, testing, and manufacture of commercial explosives technology. It operates in three segments: Energetic Materials, Specialty Chemicals and Raw Materials, and Hazardous Chemicals and Biological Waste Destruction. The Energetic Materials segment primarily includes the development and testing of commercial explosives. Its testing services comprise performance assessment of energetic materials, analysis of energetic materials, velocity of detonation testing, detonation pressure testing, underwater energy testing, detonator and gap sensitivity testing, testing required by the DOT and ATF, and international freight safety testing, as well as impact, friction, and thermal stability safety testing. This segment also offers custom manufacturing for other companies. The Specialty Chemicals and Raw Materials segment distributes chemicals that are used in commercial explosives. Its products primarily include aluminum powder and guar gum. This segment also manufactures SNAP, which is sold to other companies as an additive to their products. The Hazardous Chemicals and Biological Waste Destruction segment provides commercial solutions for the processing of chemical and biological wastes into carbon dioxide and water. The company primarily serves the construction, quarrying, and mining industries, as well as commercial explosives companies, government agencies, automotive air bag manufacturers, gas generating manufacturers, and energetic device manufacturers in North America and internationally. UTeC, Inc. is based in Norman, Oklahoma.