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0 0 0.000804505229284116 -0.00402252614641987 -0.00241351568785192 -0.00241351568785192 0.00482703137570398 0.00884955752212399
Stock impact report

EE North America and Montauk Renewables Forge Groundbreaking Agreement for Biogenic Carbon Dioxide Delivery [Yahoo! Finance]

Montauk Renewables, Inc. (MNTK) 
Company Research Source: Yahoo! Finance
Montauk Renewables Facility - Humble, Texas AUSTIN, Texas, Feb. 14, 2024 (GLOBE NEWSWIRE) -- In a pivotal move towards sustainable energy solutions, EE North America (“EENA”) and Montauk Renewables, Inc. (“Montauk”) have signed a long-term contract for the delivery of 140,000 tons/year of biogenic carbon dioxide (“CO2”) over a minimum 15-year term. Montauk will capture, clean and liquify CO2 at select Texas facilities, at which point it will be transported via truck to EENA's Texas-based e-methanol facility. There, the CO2, along with green hydrogen, will be synthesized to create e-methanol, a versatile substance with applications in shipping as e-fuel, as a raw material for sustainable green plastics, and blended in heavy transport. This strategic partnership holds immense promise, preventing critical amounts of CO2 from entering the atmosphere. Montauk and EENA's innovative approach transforms what was once considered a waste product into a commercial feedstock, with sustainabl Show less Read more
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