MVTG - up 33% today fuel cell sector and CO2 reduction through manufacture of formic acid. Demo plant at LaFarge Cement will be completed this year. LaFarge green management person just joined MVTG. Must be impressed.
CO2 capture and manufacture into usable product is very big for heavy CO2 producers. If demo works as exspected it could be adopted quickly.
MVTG fuel cell technology dramatically reduces cost of unit because of patented design that eliminates necessary components of conventional units. It also allows combustion of a greater variety of fuels and needs less maintenance than conventional units on the market today.
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