United States
                       Securities And Exchange Commission
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

        Date of Report (Date of earliest event reported) February 1, 2007

                                 FUEL TECH, INC.
             (Exact name of registrant as specified in its charter)

               Delaware                000-21724           20-5657551
     (State or other jurisdiction     (Commission        (IRS Employer
          of incorporation)           File Number)     Identification No.)

                                 Fuel Tech, Inc.
                               512 Kingsland Drive
                             Batavia, IL 60510-2299

          (Address and telephone number of principal executive offices)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provision:

[ ]  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under
     the Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under
     the Exchange Act (17 CFR 240.13e-4(c))

                Section 1 - Registrant's Business and Operations

Item 1.01  Entry into a Material Definitive Agreement

        On February 1, 2007, the registrant commenced entering into indemnity
agreements with its officers and directors. The form of the agreement is
attached as Exhibit 99.1 to this current report on Form 8-K.

        The  registrant's  directors  who are or will be parties to the
agreement are: Douglas G. Bailey, Ralph E. Bailey, Miguel Espinosa, Charles W.
Grinnell, Thomas L. Jones, Samer S. Khanachet, John D. Morrow, Johnny R. Norris
Jr. and Thomas S. Shaw, Jr.

        The  registrant's  officers who are or will be parties to the agreement
are: Vincent M. Albanese, Ellen T. Albrecht, Vincent J. Arnone, Stephen P.
Brady, William E. Cummings, Jr., Kevin R. Dougherty, Timothy J. Eibes, Tracy H.
Krumme, M. Linda Lin, Michael P. Maley, Nolan R. Schwartz, Christopher R.
Smyrniotis and William H. Sun.

        The agreement is a contractual supplement to the corporate indemnity
provisions of the certificate of incorporation of the registrant. The material
terms and conditions of the agreement (as to which terms and conditions
reference is made to the full text of the Exhibit for a complete description)
are: (a) a restatement of the registrant's undertaking in the certificate of
incorporation to afford indemnification and an advance of expenses against
claims if the indemnitee acted in good faith in a manner the indemnitee
reasonably believed to be in or not opposed to the best interest of the
registrant, and, with respect to any criminal proceeding, had no reasonable
cause to believe the indemnitee's conduct was unlawful; (b) a description of how
the registrant will determine if indemnification is appropriate including the
procedure for obtaining indemnification and a rebuttable presumption in favor of
indemnification; (c) the procedure to authorize advancing expenses; (d) that the
indemnitee's rights under the indemnity agreement will survive any merger,
consolidation or change in control of the registrant; (e) that the indemnitee
will be entitled to attorney's fees and disbursements incurred in any suit
against the registrant for breach of the agreement, if the indemnitee prevails
in whole or in part in such a suit; and (f) that the registrant will deposit in
trust for the benefit of the indemnitee a cash amount equal to all amounts
previously authorized to be paid to the indemnitee under the indemnity agreement
10 days before any initiation by the registrant of an insolvency or bankruptcy

                  Section 9 - Financial Statements and Exhibits

Item 9.01  Financial Statements and Exhibits

        Financial Statements: None
        Exhibits: Text of Fuel Tech, Inc. Form of Indemnity Agreement
         with Directors and Officers Exhibit 99.1


Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                            Fuel Tech, Inc.

Dated:  February 7, 2007                    By:  /s/ C. W. Grinnell
                                                 Charles W. Grinnell
                                                 Corporate Secretary