EXCLUSIVE: ME2C Inks Non-Exclusive Licensing Pact For Mercury Emissions Capture-Related Patents

by Vandana Singh, Benzinga Editor

September 21, 2021 8:20 AM | 1 min read | Make a Comment

ME2C Environmental MEEC has signed a five-year license agreement with a utility in the Midwest.
Under the agreement, ME2C will provide a non-exclusive license to certain patents for use with the utility’s coal-fired power plant.
The licensed patents relate to ME2C’s two-part Sorbent Enhancement Additive (SEA) process for mercury removal from coal-fired power plants.
The five-year license agreement term includes an annual sum to be paid to ME2C Environmental.
Additionally, the utility will consider ME2C Environmental’s product supply bid upon the expiration of the utility’s existing supply contract.
Price Action: MEEC stock closed at $0.64 on Monday.

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