Monolith Materials

Monolith receives $1Bn US DOE Loan for Clean Hydrogen, Carbon Black Expansion

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Methane pyrolysis technology company Monolith, a leader in clean materials production, has received conditional approval for a $1.04-billion loan from the US Department of Energy (DOE). Established via the Title XVII Innovative Energy Loan Guarantee Program, the loan will allow Monolith to expand its clean hydrogen and carbon black production facilities in Hallam, Nebraska. Monolith … Read more

Monolith Materials to Invest $1B on a Large-Scale Carbon-Free Ammonia Plant

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Monolith Materials announced it plans to use its proprietary process to produce approximately 275,000 metric tons per year of carbon-free anhydrous ammonia in the United States. The company will invest $1 billion to build the new ammonia plant. Current ammonia production practices account for approximately 1% of total global greenhouse gas emissions, or roughly the … Read more