Welcome to our dedicated page for MIDWEST ENERGY EMISSION news (Ticker: MEEC), a resource for investors and traders seeking the latest updates and insights on MIDWEST ENERGY EMISSION stock.
Midwest Energy Emissions Corp. provides patented, cost-effective mercury capture solutions to coal-fired power plants and industrial coal-burning units. The company's innovative technology allows compliance with strict mercury emission regulations without disrupting current operations, preserving the ability to recycle fly-ash for beneficial use. With a focus on continuous innovation, the company aims to deliver cutting-edge, cost-effective solutions for mercury emission control globally.
The latest news includes a significant debt repayment, the facilitation of stock sales, the introduction of new sorbent technologies, the commercialization of WE2C Environmental in 2025, and strong financial results for Q1 2024.
Midwest Energy Emissions Corp. (OTCQB: MEEC) announced their participation in the LD Micro Main Event investor conference from October 12-14, 2021, where CEO Richard MacPherson will present on October 13 at 11:00 a.m. ET. The conference will be held both virtually and in person at the Luxe Sunset Bel Air in Los Angeles, California. An audio webcast of the presentation will be accessible for investors. MEEC specializes in developing emissions solutions for the global power industry, focusing on cost-effective removal methods.
Midwest Energy Emissions Corp. (OTCQB: MEEC), a leader in environmental technologies, will present at The Microcap Rodeo: Fall Harvest Best Ideas Investor Conference from October 5-8, 2021. Richard MacPherson, the President and CEO, will host a virtual presentation on October 6, 2021, at 2:30 p.m. ET. Investors can access a live audio webcast via the provided link. MEEC specializes in emissions solutions for the power industry, achieving cost-effective emissions removal while maintaining power plant output.
Midwest Energy Emissions Corp. (OTCQB: MEEC) has secured a five-year licensing agreement with a Midwest utility for its patented Sorbent Enhancement Additive (SEA®) technology aimed at mercury removal from coal-fired power plants. The deal includes annual fees for the license and potential future product supply considerations. CEO Richard MacPherson expressed optimism regarding the partnership, highlighting its significance for the utility's operations and MEEC's technology value.
Midwest Energy Emissions Corp. (OTCQB: MEEC) announced the completion of initial testing by Penn State on its new Rare Earth Element (REE) Technology. The results indicate potential for further development, particularly for capturing rare earth elements and cleaning coal ash ponds. The Company aims to advance to pilot-scale testing by early 2022, contributing solutions to significant environmental challenges. CEO Richard MacPherson highlighted the technology's commercial viability and its importance in addressing regulatory pressures from the EPA.
Midwest Energy Emissions Corp. (OTCQB: MEEC) will present at the Taglich Brothers 17th Annual Investment Conference on September 13, 2021, at 11:30 a.m. ET. Richard MacPherson, President and CEO, will host a virtual presentation to investors. The event will take place at the TWA Hotel in New York City and online. MEEC is recognized for its innovative environmental technologies focused on emissions solutions for the power industry, demonstrating cost-effective and efficient methods to achieve emissions removal. A live audio webcast will be available for attendees.
Midwest Energy Emissions Corp. (MEEC) reported a revenue increase of 21% year-over-year, totaling $2.3 million for Q2 2021, compared to $1.9 million in Q2 2020. The company improved its cash position to $1.7 million and mitigated concerns regarding its ability to continue operations. Notable achievements include a new multi-year supply agreement with a utility licensee and substantial debt reduction of $4.43 million in 2021. However, the net loss increased to $1.7 million, attributed to higher interest expenses and changes in fair value liabilities.
Midwest Energy Emissions Corp. (OTCQB: MEEC) will present at the Q3 Virtual Investor Summit on August 18, 2021, with a webcast at 9:30 a.m. Eastern time. Richard MacPherson, CEO, will engage in one-on-one meetings with investors and deliver a virtual presentation. The summit connects smallcap companies to over 300 qualified investors and features 80+ companies. Registration is mandatory for participation. MEEC focuses on delivering patented environmental technologies that efficiently reduce emissions for the global power industry at lower costs.
Midwest Energy Emissions Corp. (OTCQB: MEEC) will hold a conference call on August 16, 2021, at 4:30 PM ET to discuss its Q2 2021 financial results ending June 30, 2021. The call will include a question and answer session and will precede a press release detailing these results. Investors can participate by dial-in or via webcast. A playback will be available until September 16, 2021. MEEC develops patented environmental technologies for the power industry, focusing on emissions reduction with cost-effective solutions.
Midwest Energy Emissions Corp. (MEEC) announced a new multi-year supply agreement with a coal-fired power plant in the Midwest, part of a major utility in the Southwest U.S. This contract follows the utility's successful testing and builds on a license agreement established in 2020 for the Company's patented mercury capture technology. The additional supply business is expected to generate multi-million-dollar annual revenues. CEO Richard MacPherson expressed optimism about expanding their market presence in mercury emissions capture technology.
Midwest Energy Emissions Corp. (OTCQB: MEEC) announced the conversion of $2,550,000 of its 2019 Convertible Promissory Notes into common stock, significantly improving its debt profile. This conversion completes the full discharge of the 2019 notes, enhancing the company’s balance sheet and supporting plans to list on a major exchange. CEO Richard MacPherson highlighted this as a pivotal step alongside ongoing litigation and the development of environmental technologies. The company anticipates strong growth in the latter half of 2021, aiming to address critical environmental challenges.
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