Midwest Energy Announces Agreement with Major National Utility

Source: www.gulfoilandgas.com 1/11/2021, Location: North America

Midwest Energy Emissions Corp., a leading environmental technologies firm, announced the signing of an agreement to provide a leading national utility (the “utility”) with a non-exclusive license to certain ME2C patents related to the Company’s two-part Sorbent Enhancement Additive (SEA®) process for mercury removal from coal-fired power plants, for use in connection with the utility’s coal-fired power plants.

As a result of the agreement being announced today, ME2C has agreed to dismiss all claims brought against the utility in the patent litigation initiated by ME2C, and the utility has agreed to withdraw from petitions for Inter Partes Review which had been filed with the United States Patent and Trademark Office pertaining to such patents. These proceedings will continue with respect to the remaining defendants involved.

“We are pleased to see continued momentum in our litigation strategy having now reached agreements with three of the largest coal-fired power plant operators nationally. We believe these agreements represent industry-wide recognition of our patented technologies setting the stage for significant supply-side growth with these utilities and others currently operating our two-part SEA® process without protection of a license,” said Richard MacPherson, President and Chief Executive Officer of ME2C. “This major utility has agreed to license our patented technologies moving forward and we are working closely with them to secure their supply-side business.

“With a solid business-first approach, we are having success in reaching agreements to rectify the past, obtain recognition of our intellectual property position in the present and align all stakeholders for a sustainable, profitable future together. We look forward to organic growth in our supply business with major U.S. utilities – further defining our path to profitability in 2021,” concluded MacPherson.


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