WORTHINGTON, Ohio--(BUSINESS WIRE)--Midwest Energy Emissions Corp. (OTCBB: CHYUD) announced today that it has completed the installation and commissioning of its feed systems on two large US utility power units. Commencing on January 1st, 2012 these systems will run continuously, whenever the power units operate, under a multi-million dollar long-term supply contract, previously announced on July 20th, 2011. The contract is renewable, with the initial three-year term valued at a minimum $5 Million.
John Norris, CEO of Midwest Energy Emissions Corp., commented: "The successful installation of our systems completes the requirements for our company to launch its first large scale mercury mitigation system here in the U.S. The contract with this utility was awarded to Midwest Energy Emissions Corp. after a strong competitive evaluation. We were chosen over other suppliers based on superior performance, economics, and the best balance-of-plant offering.”
The competitive award of this contract and the installation and startup of the new systems speak to Midwest Energy Emission Corp.’s abilities and their technology’s potential to take a leading role in the mercury capture market. This comes at a time when new regulations to reduce mercury emissions have begun taking effect in Canada and are expected to be finalized soon for all the US.
Alan Kelley, President of Midwest Energy Emissions Corp., noted: “We believe that our unique and patented processes provide the very best option available in the utility industry today. We are actively bidding on several more systems in North America, and hope to move forward with additional installs now that our first system is complete and operating.”
About Midwest Energy Emissions Corp.
We develop and deliver patented, cost effective mercury capture systems and technologies to power plants and other coal-burning units in the United States and Canada. Rather than simply selling different types of activated carbon, we take a holistic view of the mercury emissions problem. We provide proprietary technology that allows customers to meet emissions regulations in the most effective and economical manner, with the least disruption to their ongoing operations. With a strong focus on continuous innovation and industry foresight, we deliver customer value and strengthen the communities in which we do business.
For more information, please visit http://www.midwestemissions.com
Forward-Looking Statements
This press release contains certain forward-looking statements. These forward-looking statements can generally be identified as such because the context of the statement will include words such as “expects”, “should”, “believes”, “hopes”, “anticipates” or words of similar import. Stockholders, potential investors and other readers are cautioned that these forward-looking statements are predictions based only on current information and expectations that are inherently subject to risks and uncertainties that could cause future events or results to differ materially from those set forth or implied by the forward-looking statements. Certain of those risks and uncertainties are discussed in the Midwest Energy Emissions Corp. filings with the Securities and Exchange Commission, including its annual report on Form 10-K and quarterly reports on Form 10-Q. These forward-looking statements are only made as of the date of this press release and Midwest Energy Emissions Corp. does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.