“We determined that if we're going to make an impact in this world, we've got to make being profitable (and) economically sustainable a part of the equation as well. And that's where we're unique in the whole field of environmental technologies,” he said.
Emergent’s ATS Technology uses thermal decomposition, or thermolysis, technology to convert waste into carbon-based products, such as bio char, bio coal, carbon black and bio oil, with multiple revenue streams and environmental benefits.
“Our uniqueness is that we're not dependent on one thing … We are a company that has the ability to ride through changes in markets and come out still intact with a revenue stream,” Hull said.
“We have a very solid value proposition in that we have both a waste management side to the company where we can derive revenues for accepting waste. And then we also have a sales side, whereby we'd manufacture a commodity. Now that represents a revenue stream as well. Thirdly, because of the contribution we're making environmentally, we also have a revenue stream from the sale of carbon credits," he added.
Hull said Emergent looks forward to being a publicly traded company by Q3 2024 and to bringing the current plan into full production. He is also optimistic about having at least one or two plants commissioned to meet manufacturing goals.
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