Birchtech Signs Raw Materials Agreement to Use to Supply Products Potentially Generating Over $7 Million in Sales Annually in the Water Purification Market

Robert Novoski

Following a Recent Rebrand, Recent Entry into the Water Market with an Innovative Lab Center, This Significant Raw Materials Agreement Strengthens the Company’s Strong Ability to Provide Highly Effective Solutions for PFAS Elimination

Corsicana, Texas–(Newsfile Corp. – October 22, 2024) – Birchtech Corp. (TSXV: BCHT) (OTCQB: BCHT) (“Birchtech” or the “Company”), a leading environmental technology company announced its entry into supplier to the water treatment market with an agreement to purchase up to 2,000 tonnes of raw materials annually to be used for drinking water treatment. These raw materials have the potential to generate approximately $7 million per year in product sales Birchtech through its new water division (WE2C Environment).

This raw material will be offered by WE2C Environmental for markets across the U.S. More information about this product is available on the Company’s website at https://www.we2cenvironmental.com/. These products are currently marketed by the Company to water treatment plants and water treatment solutions companies.

Mr. Dennis Baranik, Birchtech National Sales Director, stated, “The ability to offer competitive raw materials will meet near-term demand growth as more water companies seek operational experience with these media. This agreement complements our highly innovative laboratory center that will further support water companies .” holistically with a reactivation strategy. We hope these unique capabilities will shape WE2C as a leading solution provider in the water treatment industry.”

This supply announcement comes on the heels of the Company’s announcement on October 7, 2024, of two unique laboratories established to provide smarter, more affordable solutions for utilities in compliance with U.S. EPA PFAS regulations.

“We are actively initiating efforts and resources to provide solutions and products that work better and are more environmentally friendly in removing contaminants than those available on the market today,” said Richard MacPherson, Birchtech CEO. “This agreement will fully support our initial adoption in the very large water treatment market.

“WE2C will be able to provide highly effective and more affordable activated carbon products and other adsorbent technologies to remove contaminants, including PFAS, to water utilities and service providers, to support the challenges water utilities face today,” MacPherson concluded.

About Birchtech Corp.

Birchtech Corp. (TSXV: BCHT) (OTCQB: BCHT), formerly Midwest Energy Emissions Corp., is an environmental technology company that promotes cleaner water and air with highly effective, affordable and sustainable business solutions. The Company’s separate operating divisions each offer innovative and efficient technologies that address important industry problems. With more than 40 patents, ME Company2C The Environmental Division has been providing patented SEA® absorber technology to capture mercury emissions to the coal-fired utility sector since 2008. WE2C Environment is focused on developing disruptive new technologies to remove PFAS/PFOS from drinking (drinking) water. New and innovative water purification technologies are being developed and are expected to meet the growing demand for sustainable water solutions worldwide. Learn more at http://www.birchtech.com.

Safe Harbor Statement

With the exception of historical information contained in this press release, the content herein may contain “forward-looking statements” made pursuant to the Safe Harbor Provisions of the U.S. Private Securities Litigation Reform Act of 1995 or forward-looking information based on applicable Canadian securities . laws (collectively, “forward-looking statements”). Forward-looking statements are generally identified by the use of words such as “anticipate”, “believe”, “plan”, “expect”, “intend”, “will” and similar expressions, but these words are by no means exclusive to identifying forward-looking statements. Forward-looking statements in this release include statements relating to expected developments and growth in the Company’s business. These statements are based on management’s current expectations and are subject to uncertainties and changes in circumstances. Investors are cautioned that forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the statements made. Additionally, this release contains time-sensitive information that reflects management’s best analysis only as of the date of this release. The Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Further information regarding matters that could materially affect financial performance or other forward-looking statements contained in this release can be found in the Company’s periodic filings with the Securities and Exchange Commission or Canadian securities regulators.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227367

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