Midwest Energy Emissions Corp, also known as ME2C Environmental (OTCQB:MEEC), said it has secured new supply business with a licensee of its patented Sorbent Enhancement Additive (SEA) technology for mercury emissions capture.
The company said the new supply business, which is expected to continue through 2022, was gained after certain testing was completed at one of the utility’s power plants located in the Midwest.
“Working with us directly as a supply customer provides the plant with additional measurable benefits and bottom-line operational improvements,” ME2C Environmental CEO Richard MacPherson said in a statement.
READ: ME2C Environment inks $2 million sorbents supply deal with a US coal-powered utility
“Through the next year, we expect to grow our supply business with our utilities currently operating under a license agreement, as well as enhance our strong customer base with additional license and supply partners,” MacPherson added.
ME2C Environmental noted the additional supply business is the second new plant location under this utility’s fleet to become a direct product supply customer of ME2C in addition to the utility’s plant, which had already been a direct supply customer when the license agreement was signed in 2020.
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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