MVTG's patented ERC technology for use of CO2 feedstock:
ERC Markets
Formic Acid ERC markets are made up of the immediate, existing market for formic acid (ERC’s first product); new applications that can be developed based on the use of formic acid (thus expanding the market); and new products that are planned to be developed beyond formic acid (whole new markets).
1. The immediate market for formic acid is approximately $1 billion.
Expand existing market:
2. Formic acid will be used as a “green” feedstock into the chemicals industry.
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!