ME2C®
Environmental Secures Multi-Year
Contract Renewal Valued at Over $2.5 Million Annually
Customer Supply Contract Renewal
Covers Two of the Utility's Power Plants Located in the Southern
Region
CORSICANA, TX,
January 12, 2022 -- InvestorsHub NewsWire
-- Midwest Energy
Emissions Corp. (OTCQB: MEEC) ("ME2C
Environmental" or the "Company"), a leading environmental
technologies firm, announced
the
signing
of a two-year
contract renewal with an estimated annual value in excess of $2.5
million. Under the extended
supply contract, ME2C
will continue supplying its patented Sorbent Enhancement Additive
(SEA®)
technologies for mercury emissions capture.
"We are
pleased to continue our solid partnership with our long-term supply
customer, one of the largest power producers in the U.S.," stated
Richard MacPherson, CEO of ME2C
Environmental.
"This
contract renewal, covering two significant plants that support a
wide area of power production in the Southern region, is a
testament to the value of our patented technologies and solid
expertise in mercury emissions. We are prepared to support this
large utility's emissions control needs as they meet the power
generation needs of a substantial market.
"With a
strong existing customer base and continued validation of our
patented technologies in mercury emissions across the coal-fired
fleet, we expect to see additional customer renewals and new supply
business as we move through 2022," concluded MacPherson.
About
ME2C®
Environmental
ME2C
Environmental is a leading environmental technologies company
developing and delivering patented and proprietary solutions to the
global power industry. ME2C'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 byproducts for
beneficial use. ME2C
Environmental is a trade name of Midwest Energy Emissions Corp. For
more information, please visit
http://www.me2cenvironmental.com/.
Safe Harbor
Statement
With the exception of historical
information contained in this press release, content herein may
contain "forward-looking statements" that are made pursuant to the
Safe Harbor Provisions of the Private Securities Litigation Reform
Act of 1995. Forward-looking statements are generally identified by
using words such as "anticipate," "believe," "plan," "expect,"
"intend," "will," and similar expressions, but these words are not
the exclusive means of identifying forward-looking statements.
These statements are based on management's current expectations and
are subject to uncertainty and changes in circumstances. Investors
are cautioned that forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from the statements made. Matters that may cause actual results to
differ materially from those in the forward-looking statements
include, among other factors, the gain or loss of a major customer,
change in environmental regulations, disruption in supply of
materials, capacity factor fluctuations of power plant operations
and power demands, a significant change in general economic
conditions in any of the regions where our customer utilities might
experience significant changes in electric demand, a significant
disruption in the supply of coal to our customer units, the loss of
key management personnel, availability of capital and any major
litigation regarding ME2C
Environmental. In addition, this release contains time-sensitive
information that reflects management's best analysis only as of the
date of this release. ME2C
Environmental does not undertake any obligation to publicly update
or revise any forward-looking statements to reflect future events,
information or circumstances that arise after the date of this
release. Further information concerning issues that could
materially affect financial performance related to forward-looking
statements contained in this release can be found in
ME2C
Environmental's periodic filings with the Securities and Exchange
Commission.
ME2C
Environmental Contact:
Stacey
Hyatt
Corporate
Communications
ME2C
Environmental
Main:
614-505-6115 x-1001
Direct:
404-226-4217
shyatt@me2cenvironmental.com
Investor
Relations Contact:
Kevin McGrath
Managing Director
TraDigital IR
Tel: 646-418-7002
kevin@tradigitalir.com