Midwest Energy Emissions Corp, also known as ME2C Environmental (OTCQB:MEEC), announced that it has secured a new one-year order, valued at about $2 million, to supply custom sorbents to one of the largest coal-powered utilities in the US.
The company noted the supply order, which is for one of the utility’s power plants in the Southwest, includes the sale and installation of ME2C’s patented engineering system, proprietary sorbent-feed equipment used with new customers.
“We are excited to have gained a new supply partner as we enter into a strong 2022 with a new significant recurring revenue stream that will strengthen our bottom-line,” ME2C Environmental CEO Richard MacPherson said in a statement.
READ: ME2C Environmental inks $2.5M annual contract renewal to supply mercury emissions capture technologies
“Working directly with us as a supplier, the utility will gain further benefits from our expertise in mercury capture, including plant optimizations and efficiencies,” MacPherson added.
ME2C noted that it will supply the customer with its Sorbent Enhancement Additive (SEA) system to help the utility meet mercury emissions capture and compliance requirements.
It added that the utility had previously entered into a license agreement with ME2C in 2021.
ME2C Environmental is a leading environmental technologies company developing and delivering patented and proprietary solutions to the global power industry.
The company’s leading-edge services have been shown to achieve emissions removal at a significantly lower cost and with less operational impact than currently used methods while maintaining and/or increasing power plant output and preserving the marketability of by-products for beneficial use.
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