MPM Technologies to begin manufacturing at newly-leased Wheeler plant site
In Washington, MPM Technologies subsidiary Carbon Cycle Power signed a lease agreement with an affiliate of Spokane Valley manufacturer Wheeler Industries to house the demonstration unit of CCP’s waste-to-value solution. The process is a patent-pending technology that processes biomass such as lumber mill waste and municipal solid waste for the cogeneration of heat and power. Manufacturing will begin immediately now that the lease agreement has been signed. Additionally, Carbon Cycle Investments, which acquired a controlling interest in MPM following a stock purchase agreement in April 2013, already has an agreement with Wheeler as the manufacturer of the reaction chamber of its gasification technology.
CCP also announced that the website www.carboncyclepower.com is now live.
Category: Fuels
