The Morrissey Exchange, Shaw and Partners: Carbonxt - Cleaning Up
In today’s podcast, Ben Morrissey interviews Mr Warren Murphy, CEO Carbonxt (CG1) for a second time, where we discuss the company as a whole but zero in on their recently announced deal.
CG1 is a rapidly expanding clean tech business located in the US. It started life as a company solely focused on using their patented Activated Carbon(AC) technology to remove mercury from the smokestacks in coal fired power plants. They now lead the world in the development of AC products aimed at capturing all manner of contaminants released in industrial processes via industrial air purification, wastewater treatment, etc.
CG1 has signed terms sheets for the establishment and financing of a 40% stake in a state-of-the-art activated carbon plant with Kentucky Coal Processing or KCP in Kentucky, USA. The facility will be on the site of, and joint funded by, KCP.
The new plant will be located alongside waste to energy provider Inez Power, also owned by KCP.
This company has truly served its apprenticeship and now has a real chance to shine.
So settle in under a tree, put your phone on ‘do not disturb’ and smell the flowers whilst you have a listen, because we’re going green.
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