Cormetech

Cormetech

Manufactures SCR catalysts and regeneration services

About Cormetech

Simplify's Rating
Why Cormetech is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Consulting

Industrial & Manufacturing

Energy

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

1989

Overview

Cormetech provides environmental catalysts focused on SCR catalyst regeneration and engineering services to reduce NOx emissions in power, marine, industrial processes, refineries, and petrochemical markets. It supplies new SCR catalysts and performs regeneration work, leveraging 30+ years of field experience and ceramic extrusion technology to tailor solutions for customers in the U.S. and internationally. Unlike some rivals, it combines catalyst sales with regeneration and engineering consulting to restore performance and extend catalyst life. Its goal is to help clients meet environmental regulations and improve air quality through dependable, customized emission-control solutions.

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Simplify's Take

What believers are saying

  • IEC acquisition expands global emissions control and carbon capture growth.
  • MoU with Ozona CCS develops full-scale CO2 capture and NOx reduction.
  • DOE/NETL partnership tests low-cost CO2 capture for NGCC plants.

What critics are saying

  • IEC integration fails, imposing debt burdens within 6-12 months.
  • Coal plant retirements under EPA rules erode SCR sales in 12-24 months.
  • Haldor Topsoe undercuts regeneration services, capturing marine clients in 12-18 months.

What makes Cormetech unique

  • Cormetech specializes in SCR catalyst regeneration using advanced ceramic extrusion.
  • Serves power, marine, refinery, and petrochemical markets with 30+ years experience.
  • Offers integrated new catalysts and regeneration for NOx emission control.

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Benefits

Health Insurance

Company News

Business Wire
Aug 19th, 2024
Cormetech Appoints Energy Transition Executive, Patricia Martinez, to President & CEO - Mike Mattes Elevated to Chairman of the Board

Cormetech appoints Energy Transition executive, Patricia Martinez, to President & CEO - Mike Mattes elevated to Chairman of the Board.

Carbon Herald
Jun 20th, 2024
Cormetech Partners With Ozona For Carbon Capture And Sequestration Project

Cormetech and Ozona CCS have entered a Memorandum of Understanding (MoU) to develop a full-scale carbon capture and sequestration system with integrated nitrogen oxide (NOx) reduction.

Carbon Herald
Apr 13th, 2024
CORMETECH To Test New NGCC Flue Gas CO2 Capture With NETL And DOE Support

CORMETECH has partnered with the National Energy Technology Laboratory (NETL) and the Department of Energy (DOE) to test a new flue gas carbon capture technology for natural gas combined cycle (NGCC) power plants.

Business Wire
Mar 14th, 2022
Innovative Emissions Control Finalizes Purchase Of Cormetech

CHARLOTTE, N.C.--(BUSINESS WIRE)-- #carboncapture--Innovative Emissions Control Inc. (IEC), purchases Cormetech, Inc.

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