Midwest Energy Emissions Corp. (MEEC)
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ME2C Environmental Opening Two Best-in-Class Labs to Assist Communities Removing "Forever Chemicals" from Drinking Water
New labs combined with world-class talent are major steps in ME2C's move to become a leading end-to-end provider in PFAS clean water technology solutions. Corsicana, Texas--(Newsfile Corp. - October 9, 2024) - Midwest Energy Emissions Corp. (TSXV: MEEC) (OTCQB: MEEC) ("ME2C Environmental"), a leading environmental technologies firm, today announced the formal launch of its water purification business operating under "WE2C Environmental" with the opening of two new laboratories, located in Grand Forks, North Dakota, and in State College, Pennsylvania.
ME2C Environmental Reports Second Quarter 2024 Financial Results
Corsicana, Texas--(Newsfile Corp. - August 12, 2024) - Midwest Energy Emissions Corp. (TSXV: MEEC) (OTCQB: MEEC) ("ME2C Environmental " or the "Company"), a leading environmental technologies firm, has reported financial results for the second quarter ended June 30, 2024. The Company reports the following highlights for the period ended June 30, 2024: Q2 Financial Summary Highlights: Cash on hand of $8.4 million Working capital of $4.8 million 1.7 to 1 ratio of current assets to current liabilities Revenues for Q2 2024 were $3.4 million Reduction in interest expense of $334,000 primarily the result of the restructure and repayment of principal on Alterna Capital notes during Q1 Additional information can be found in the Company's Form 10-Q for the quarterly period ended June 30, 2024, filed with the Securities and Exchange Commission on August 12, 2024.
ME2C Environmental Files Patent Infringement Lawsuits Against 14 Defendants Including Major Power Utility Companies
Suit Seeks Injunction and Damages from Unlicensed Users of Patent-Protected Mercury Emissions Technologies Corsicana, Texas--(Newsfile Corp. - July 30, 2024) - Midwest Energy Emissions Corp. (TSXV: MEEC) (OTCQB: MEEC) ("ME2C Environmental "), a leading environmental technologies firm today announced it has filed patent infringement against 14 defendants, including major coal-fired power utilities, in U.S. District Courts in Arizona, Iowa, and Missouri. The lawsuits claim that the defendants knowingly violated patent rights related to ME2C Environmental's mercury emissions reduction technologies, commercially known as "SEA® (Sorbent Enhancement Additive) Technologies.
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Midwest Energy Emissions Corp. Profile
| Pollution & Treatment Controls Industry | Industrials Sector | Mr. Richard A. MacPherson CEO | OTCQB Exchange | US59833H1014 ISIN |
| US Country | - Employees | - Last Dividend | 7 Oct 2011 Last Split | - IPO Date |
Overview
Midwest Energy Emissions Corp. is an environmental services and technology company that focuses on providing innovative solutions to the power industry both within the United States and internationally. Headquartered in Corsicana, Texas, the company specializes in the development and delivery of advanced mercury capture technologies aimed at addressing environmental concerns associated with coal-fired power plants. Through their cutting-edge Sorbent Enhancement Additive (SEA) technology, Midwest Energy Emissions Corp. is at the forefront of research and implementation of mercury control solutions, underpinned by a deep scientific understanding of the mechanisms involved in mercury capture within coal-fired flue gas. In addition to mercury control technologies, the company has ventured into the development of solutions for the more efficient capture and processing of rare earth elements, addressing both environmental and operational challenges in the sector.
Products and Services
- Mercury Capture Solutions:
Midwest Energy Emissions Corp. offers state-of-the-art solutions designed for the effective control of mercury emissions from coal-fired power plants. Utilizing their proprietary Sorbent Enhancement Additive (SEA) technology, these solutions are tailor-made to ensure total mercury control. The SEA technology is rooted in comprehensive scientific research, highlighting the company’s commitment to develop mercury capture solutions that are not only effective but also environmentally friendly and based on a solid understanding of the chemical and physical interactions occurring during the mercury capture process.
- Technology Development for Rare Earth Element Processing:
Recognizing the growing importance of rare earth elements in various industrial applications and the environmental concerns associated with their extraction and processing, Midwest Energy Emissions Corp. is also dedicating efforts to improve the efficiency and environmental footprint of rare earth element processing. This initiative represents an extension of the company’s expertise in environmental technologies, aiming to enhance the capture rates of rare earth elements while mitigating associated environmental impacts. Through these technology development efforts, Midwest Energy Emissions Corp. seeks to contribute to the sustainable and responsible use of critical resources.
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