Midwest Energy Emissions Corp.
General Information | |
Business: | (Note: Midwest Energy Emissions Corp. withdrew its plans for a NASDAQ uplisting from the OTC markets in an SEC filing dated Aug. 24, 2022. The company filed its S-1 for the NASDAQ uplisting/public offering on Nov. 10, 2021; no terms were filed. A reverse stock split had been planned as part of the public offering in conjunction with the NASDAQ uplisting.) We are an environmental services and technologies company developing and delivering patented and proprietary solutions to the global power industry. Our leading-edge services have been shown to achieve mercury emissions removal at a significantly lower cost and with less operational impact to coal-fired power plants than currently used methods, while maintaining and/or increasing power plant output and preserving the marketability of byproducts for beneficial use. We provide mercury capture solutions driven by our patented two-part Sorbent Enhancement Additive (SEA®) process using a powerful combination of science and engineering. We design systems and materials tailored and formulated specifically to each customer’s coal-fired units. Our mercury removal technologies and systems will achieve mercury removal levels which meet or exceed the requirements of the 2012 Coal- and Oil-Fired Electric Utility Steam Generating Units National Emission Standards for Hazardous Air Pollutants, as revised, known as MATS, with lower cost and plant systems impacts than typical PAC or BAC sorbent injection systems. Our products have been shown to be successful across a myriad of fuel and system types, tunable to any configuration, and environmentally friendly, allowing for the recycling of fly ash for beneficial use. Our SEA® technology was originally developed by the University of North Dakota’s Energy and Environmental Research Center. It was tested and refined on numerous operating coal-fired EGUs, with the founder of our wholly owned subsidiary participating with the Energy and Environmental Research Center on these tests since 2008. The Energy and Environmental Research Center Foundation, a non-profit entity, obtained patents on this technology.
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Industry: | Mercury emissions removal/Coal-Fired Power Plants |
Employees: | 11 |
Founded: | 1983 |
Contact Information | |
Address | 1810 Jester Drive Corsicana, Texas 75109 |
Phone Number | (614) 505-6115 |
Web Address | |
View Prospectus: | Midwest Energy Emissions Corp. |
Financial Information | |
Market Cap | |
Revenues | $10.46 mil (last 12 months) |
Net Income | $-5.3 mil (last 12 months) |
IPO Profile | |
Symbol | MEEC |
Exchange | NASDAQ |
Shares (millions): | 0.0 |
Price range | $0.00 - $0.00 |
Est. $ Volume | $20.0 mil |
Manager / Joint Managers | Roth Capital/ EF Hutton |
CO-Managers | |
Expected To Trade: | |
Status: | Withdrawn |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |