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Emvolon and Montauk Renewables Announce Launch of Joint Venture to Convert Biogas into High-Value, Low Carbon Fuel

Following the successful completion of a field demonstration, the new joint venture seeks to develop projects to generate up to 50K metric tons of green methanol annually by 2030

WOBURN, Mass.--(BUSINESS WIRE)-- , an MIT spin-off that converts greenhouse gas emissions into carbon-negative fuels and chemicals, and (NASDAQ:MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas, today announced a joint venture to develop multiple biogas-to-green methanol projects. Following a , Emvolon and Montauk plan to deploy a portfolio of biogas-based sites with an aggregate annual production capacity of up to 50,000 metric tons of green methanol by 2030 and beginning with the Atascocita Humble Renewable Energy (HRE) facility in Humble, Texas.

Using Emvolon鈥檚 patented technology, the HRE site will convert a flared gas stream into low carbon methanol, generating up to 6,000 metric tons of green methanol annually. Additional projects are being discussed across Montauk鈥檚 development pipeline. The joint effort between Emvolon and Montauk marks a significant expansion of biogas utilization beyond traditional renewable natural gas (RNG) and power applications, unlocking new pathways to decarbonize industrial sectors.

鈥淢ontauk continues to expand the horizon of the beneficial uses of biogas,鈥� said , President and CEO of Montauk. 鈥淭he opportunity set for this partnership is truly exciting and extends beyond new undeveloped projects to include the waste streams from existing biogas facilities. The combination of Montauk鈥檚 expertise in the capture and refinement of methane emissions with Emvolon鈥檚 unique platform that converts biogas into scalable, low-carbon methanol not only helps shape the future of shipping, aviation and chemical manufacturing, it helps shape the economic viability of current and future biogas projects.鈥�

In April, the International Maritime Organization that will be mandatory for ships with more than 5,000 gross tonnage, which emit 85% of greenhouse gas emissions from international shipping. Demand for green methanol is surging as a result, with the global market expected to grow up to 14 million metric tons by 2030 according to the Methanol Institute. With the joint development venture, Emvolon and Montauk will monetize previously wasted methane emissions by converting these emissions into green methanol, without producing new greenhouse gas emissions, or relying on expensive pipeline infrastructure or government subsidies.

鈥淓尘惫辞濒辞苍鈥檚 repurposes car engines as cost-effective, modular chemical plants to convert the methane in biogas onsite into ready-to-use, easy-to-transport liquid green chemicals and fuels,鈥� said , CEO of Emvolon. 鈥淭ogether with Montauk, we have the ability to not only eliminate flare emissions, but also transform those emissions into sustainable, revenue-generating resources that sectors critical to our global economy desperately need right now.鈥�

About Emvolon

Founded in 2021 and launched from MIT, Emvolon helps hard-to-abate industries such as agriculture, aviation, energy, maritime and waste management power the global economy without producing emissions. The company鈥檚 patented technology converts greenhouse gas emissions into carbon-negative fuels and chemicals like green methanol and green ammonia onsite by repurposing mass-produced automotive engines as cost-effective, modular chemical plants. Learn more at or .

About Montauk Renewables, Inc.

Montauk Renewables, Inc. (NASDAQ: MNTK) is a renewable energy company specializing in the management, recovery and conversion of biogas into RNG. The Company captures methane, preventing it from being released into the atmosphere, and converts it into either RNG or electrical power for the electrical grid (鈥淩enewable Electricity鈥�). The Company, headquartered in Pittsburgh, Pennsylvania, has more than 30 years of experience in the development, operation and management of landfill methane-fueled renewable energy projects. The Company has current operations at 13 operating projects and ongoing development projects located in California, Idaho, Ohio, Oklahoma, Pennsylvania, North Carolina, South Carolina, and Texas. The Company sells RNG and Renewable Electricity, taking advantage of Environmental Attribute premiums available under federal and state policies that incentivize their use. For more information, visit .

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Source: Emvolon