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
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 $7 million annually in product sales for Birchtech through its new water division (WE2C Environmental).
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 https://www.birchtech.com.
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