Emvolon Reaches Commercial and Technical Milestones to Help Hard-to-Abate Industries Power the Global Economy While Eliminating Emissions
Montauk Renewables, Inc. (MNTK)
Company Research
Source: Business Wire
The company has secured partnerships with major biogas suppliers, green methanol product offtakers, equipment and technology corporations, and a licensing agreement with MIT. WOBURN, Mass.--(BUSINESS WIRE)--Emvolon, an MIT spun-off technology company that converts greenhouse gas emissions into carbon-negative fuels and chemicals, today announced several commercial and technical milestones. Following its recent field pilot announcement with Montauk Renewables to demonstrate the benefits of converting biogas into green methanol, Emvolon has secured multiple new partnerships with biogas suppliers, green methanol product offtakers, and multinational equipment and technology companies. Additionally, Emvolon announced that MIT has completed its licensing contract with the company. This protects Emvolon’s proprietary technology, originally developed by the company’s founders as MIT researchers, and supports Emvolon’s continued research on chemical decarbonization.Heavy-duty transportation
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