Monolith Materials’ Project Highlighted at White House Roundtable
REDWOOD CITY, CA., July 13, 2017 – Governor Pete Ricketts of Nebraska showcased Monolith Materials’ manufacturing project during an energy policy roundtable at the White House as part of President Trump’s “Energy Week”. Governor Ricketts’ presentation on June 29, 2017, “Energy Innovation in Nebraska”, highlighted the Nebraska Public Power District’s plans to use the hydrogen tail-gas produced from Monolith’s proprietary manufacturing process to fuel its hydrogen-fired boiler which will generate 125 mw of clean electricity for Nebraskans.
“It was an honor to join the President, his team, and fellow governors from across the nation for this Energy Week roundtable,” said Governor Ricketts. “Nebraska is a leading state in energy innovation, and I was able to share our innovation story during today’s discussion. From our first-in-the-nation utility scale hydrogen plant to enzymes that are helping our corn produce more ethanol, Nebraska’s pioneer spirit is helping achieve greater energy security and independence in the 21st century, so we can continue to grow our state and our nation for years to come,” shared Governor Ricketts.
Monolith Materials is excited to be part of the energy revolution in Nebraska and the manufacturing resurgence in the United States.
About Monolith Materials
Monolith Materials is a next-generation, carbon black manufacturing company which uses a proprietary process to convert natural gas to carbon black in a cost competitive and environmentally advantaged manner. Monolith’s process also produces hydrogen tail-gas, a valuable co-product that can be sold into the power generation or industrial gas markets. Monolith is backed by Azimuth Capital Management and Warburg Pincus, two of the most widely respected private equity firms in North America. For more information on Monolith Materials visit https://monolithmaterials.com.