Birchtech Signs Feedstock Agreement to be Used to Supply Product with Potential to Generate Sales Valued at Over $7 Million Annually in the Water Purification Market
Birchtech Corp. (TSXV: BCHT) (OTCQB: BCHT) has announced a significant feedstock agreement for its water treatment division, WE2C Environmental. The company has secured a deal to purchase up to 2,000 tons of feedstock annually, which has the potential to generate an estimated $7 million in annual product sales for Birchtech's water purification market.
This agreement follows Birchtech's recent rebranding and entry into the water market with innovative lab centers. The feedstock will be used to treat drinking water and will be offered to multiple markets across the U.S. Birchtech's National Director of Sales, Dennis Baranik, stated that this competitive feedstock will meet the growing demand from water utilities seeking operational experience with this media.
The announcement complements Birchtech's recent establishment of two unique labs designed to provide utilities with smarter, more affordable solutions in compliance with U.S. EPA's PFAS regulations. CEO Richard MacPherson emphasized that this agreement will support early market adoption within the water treatment market and enable WE2C to offer highly effective and affordable activated carbon products for contaminant removal, including PFAS.
Birchtech Corp. (TSXV: BCHT) (OTCQB: BCHT) ha annunciato un importante accordo per la materia prima per la sua divisione di trattamento dell'acqua, WE2C Environmental. L'azienda ha stipulato un contratto per acquistare fino a 2.000 tonnellate di materia prima all'anno, con il potenziale di generare un fatturato stimato di 7 milioni di dollari in vendite di prodotti annuali per il mercato della purificazione dell'acqua di Birchtech.
Questo accordo segue il recente rebranding di Birchtech e l'ingresso nel mercato dell'acqua con centri lab innovativi. La materia prima sarà utilizzata per trattare acqua potabile e sarà offerta a più mercati negli Stati Uniti. Dennis Baranik, Direttore Nazionale delle Vendite di Birchtech, ha dichiarato che questa materia prima competitiva soddisferà la crescente domanda delle aziende idriche che cercano esperienza operativa con questo materiale.
L'annuncio completa la recente creazione da parte di Birchtech di due laboratori unici progettati per fornire soluzioni più intelligenti e convenienti in conformità con le normative PFAS dell'EPA degli Stati Uniti. Il CEO Richard MacPherson ha sottolineato che questo accordo sosterrà l'adozione precoce del mercato nel settore del trattamento dell'acqua e consentirà a WE2C di offrire prodotti in carbonio attivato altamente efficaci e accessibili per la rimozione dei contaminanti, inclusi i PFAS.
Birchtech Corp. (TSXV: BCHT) (OTCQB: BCHT) ha anunciado un acuerdo significativo de materia prima para su división de tratamiento de agua, WE2C Environmental. La empresa ha asegurado un contrato para comprar hasta 2,000 toneladas de materia prima anualmente, lo que tiene el potencial de generar un estimado de 7 millones de dólares en ventas anuales de productos para el mercado de purificación de agua de Birchtech.
Este acuerdo sigue al reciente cambio de marca de Birchtech y su entrada en el mercado del agua con innovadores centros de laboratorio. La materia prima se utilizará para tratar agua potable y se ofrecerá a varios mercados en los EE. UU. Dennis Baranik, Director Nacional de Ventas de Birchtech, declaró que esta materia prima competitiva satisfará la creciente demanda de las empresas de servicios de agua que buscan experiencia operativa con este medio.
El anuncio complementa el reciente establecimiento por parte de Birchtech de dos laboratorios únicos diseñados para proporcionar a las utilidades soluciones más inteligentes y asequibles en cumplimiento con las regulaciones PFAS de la EPA de EE. UU. El CEO Richard MacPherson enfatizó que este acuerdo apoyará la adopción temprana del mercado dentro del sector de tratamiento de agua y permitirá a WE2C ofrecer productos de carbón activado altamente efectivos y asequibles para la eliminación de contaminantes, incluidos los PFAS.
Birchtech Corp. (TSXV: BCHT) (OTCQB: BCHT)는 자사 물 처리 부문인 WE2C Environmental을 위한 중요한 원료 계약을 발표했습니다. 이 회사는 연간 최대 2,000톤의 원료를 구매하는 계약을 체결하였으며, 이는 Birchtech의 수질 정화 시장에서 연간 700만 달러의 제품 판매를 생성할 수 있는 잠재력이 있습니다.
이 계약은 Birchtech의 최근 브랜드 변경 및 혁신적인 연구소 센터를 통한 물 시장 진입에 이어지는 것입니다. 원료는 수돗물 처리를 위해 사용되며, 미국 전역의 여러 시장에 제공될 예정입니다. Birchtech의 국가 판매 이사인 Dennis Baranik은 이 경쟁력 있는 원료가 이 매체에 대한 운영 경험을 찾는 수도 공기업들의 증가하는 수요를 충족할 것이라고 밝혔습니다.
이번 발표는 Birchtech가 미국 EPA의 PFAS 규정을 준수하는 보다 스마트하고 저렴한 솔루션을 제공하기 위해 설계된 두 개의 독특한 실험실을 최근 설립한 것과 연계됩니다. CEO Richard MacPherson은 이 계약이 수처리 시장 내 조기 시장 채택을 지원하고 WE2C가 PFAS를 포함한 오염물 제거를 위한 매우 효과적이고 저렴한 활성탄 제품을 제공할 수 있게 할 것이라고 강조했습니다.
Birchtech Corp. (TSXV: BCHT) (OTCQB: BCHT) a annoncé un accord significatif sur les matières premières pour sa division de traitement des eaux, WE2C Environmental. L'entreprise a sécurisé un contrat pour acheter jusqu'à 2 000 tonnes de matières premières par an, ce qui pourrait générer un chiffre d'affaires estimé de 7 millions de dollars de ventes annuelles de produits pour le marché de la purification de l'eau de Birchtech.
Ce contrat fait suite au récent rebranding de Birchtech et à son entrée sur le marché de l'eau avec des centres de laboratoire innovants. Les matières premières seront utilisées pour traiter l'eau potable et seront proposées à plusieurs marchés à travers les États-Unis. Dennis Baranik, Directeur National des Ventes de Birchtech, a déclaré que cette matière première compétitive répondra aux besoins croissants des services d'eau qui recherchent une expérience opérationnelle avec ce média.
L'annonce complète la récente création par Birchtech de deux laboratoires uniques conçus pour fournir aux utilités des solutions plus intelligentes et plus abordables, en conformité avec les réglementations PFAS de l'EPA américaine. Le PDG Richard MacPherson a souligné que cet accord soutiendra l'adoption précoce du marché dans le secteur du traitement des eaux et permettra à WE2C d'offrir des produits en charbon actif hautement efficaces et abordables pour l'élimination des contaminants, y compris les PFAS.
Birchtech Corp. (TSXV: BCHT) (OTCQB: BCHT) hat eine bedeutende Rohstoffvereinbarung für seine Wasserbehandlungsabteilung WE2C Environmental bekannt gegeben. Das Unternehmen hat einen Vertrag über den Kauf von bis zu 2.000 Tonnen Rohstoff jährlich gesichert, was potenziell zu einem geschätzten Umsatz von 7 Millionen Dollar pro Jahr im Bereich der Wasseraufbereitung von Birchtech führen könnte.
Diese Vereinbarung folgt auf das jüngste Rebranding von Birchtech und den Einstieg in den Wassermarkt mit innovativen Laborzentren. Der Rohstoff wird zur Behandlung von Trinkwasser verwendet und in mehreren Märkten in den USA angeboten. Dennis Baranik, Nationaler Vertriebsleiter von Birchtech, erklärte, dass dieser wettbewerbsfähige Rohstoff die wachsende Nachfrage von Wasserwerken befriedigen wird, die betriebliche Erfahrung mit diesem Medium suchen.
Die Ankündigung ergänzt die kürzliche Gründung von zwei einzigartigen Labors durch Birchtech, die darauf abzielen, Versorgungsunternehmen intelligentere und kostengünstigere Lösungen in Übereinstimmung mit den PFAS-Vorschriften der US-Umweltschutzbehörde anzubieten. CEO Richard MacPherson betonte, dass diese Vereinbarung die frühe Markteinführung im Bereich der Wasserbehandlung unterstützen und WE2C ermöglichen wird, hochwirksame und erschwingliche Aktivkohleprodukte zur Entfernung von Schadstoffen, einschließlich PFAS, anzubieten.
- Secured agreement to purchase up to 2,000 tons of feedstock annually
- Potential to generate estimated $7 million in annual product sales
- Entry into the water treatment market with new division WE2C Environmental
- Establishment of innovative lab centers for water utilities support
- Positioning as a leading solution provider in the water treatment industry
- None.
Following the Recent Rebrand, Recent Entry to the Water Market with Innovative Lab Centers, this Significant Feedstock Agreement Reinforces the Company's Strong Capabilities to Provide Highly Effective Solutions for PFAS Removal
Corsicana, Texas--(Newsfile Corp. - October 22, 2024) - Birchtech Corp. (TSXV: BCHT) (OTCQB: BCHT) ("Birchtech" or the "Company"), a leading environmental technologies firm announces its entry as a supplier to the water treatment market with an agreement to purchase up to 2,000 tons of feedstock annually to be used for treatment of drinking water. This feedstock has the potential to generate an estimated
This feedstock is to be offered by WE2C Environmental to multiple markets across the U.S. Further information about these products is available on the Company's website at https://www.we2cenvironmental.com/. The products are currently being marketed by the Company to water treatment plants and water treatment solution companies.
Mr. Dennis Baranik, Birchtech National Director of Sales, states, "The ability to offer a competitive feedstock will meet near-term growing demand as more water utilities are seeking to gain operational experience with this media. This agreement compliments our highly innovative lab centers that will support water utilities more holistically with reactivation strategies. We expect that these unique capabilities will establish WE2C as an immediate leading solution provider in the water treatment industry."
The announcement of this supply falls on the heels of the Company's announcement on October 7, 2024, of two unique labs established to provide utilities with smarter, more affordable solutions in compliance with the U.S. EPA's PFAS regulations.
"We are actively initiating efforts and resources to provide solutions and products that work better and are more environmentally friendly in contaminant removal than those available to the market today," stated Richard MacPherson, Birchtech CEO. "This s agreement will fully support our early market adoption within the massive water treatment market.
"WE2C will be able to provide water utilities and service providers with an arsenal of highly effective and more affordable activated carbon products and other sorbent technologies for contaminant removal, including PFAS, in support of the challenges that water utilities actively face today," concluded MacPherson.
About Birchtech Corp.
Birchtech Corp. (TSXV: BCHT) (OTCQB: BCHT), formerly Midwest Energy Emissions Corp., , is an environmental technology firm that promotes cleaner water and air with highly effective, affordable, and sustainable business solutions. The Company's separate operating divisions each offer innovative, efficient technologies addressing critical industry concerns. With over 40 patents, the Company's ME2C Environmental division has provided patented SEA® sorbent technologies for mercury emissions capture to the coal-fired utility sector since 2008. WE2C Environmental is focused on developing new, disruptive technologies for PFAS/PFOS removal from potable (drinking) water. New and innovative water purification technologies are under development and expected to meet the growing demand for sustainable water solutions worldwide. Learn more at http://www.birchtech.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 U.S. Private Securities Litigation Reform Act of 1995 or forward-looking information under applicable Canadian securities laws (collectively, "forward-looking statements"). 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. Forward-looking statements in this release include statements relating to expected developments and growth in the Company's business. 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. In addition, this release contains time-sensitive information that reflects management's best analysis only as of the date of this release. The Company 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 or other forward-looking statements contained in this release can be found in the Company's periodic filings with the Securities and Exchange Commission or Canadian securities regulators.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Media Inquiries:
Sandi Scott
Tunheim
Direct: 651-208-4582
sscott@tunheim.com
Institutional Investor Relations Contact:
Jessica Butt
Adelaide Capital
Direct: 416-844-6202
jessica@adcap.ca
Corporate Shareholder Investor Relations Contact:
Main: 614-505-6115
ir@birchtech.com
ir@me2cenvironmental.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227367
FAQ
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