Read the company’s news release.
Monolith, a leader in clean hydrogen and materials production, today announced it has signed a memorandum of understanding (MOU) with SK Inc. to pursue a joint venture for producing clean hydrogen and carbon black products in South Korea. Monolith currently produces clean hydrogen and carbon black in Hallam, Nebraska, with plans for additional U.S.-based growth already underway.
As part of the MOU, Monolith will share its production and technology knowledge with SK Inc. to produce hydrogen and solid carbon products in South Korea. SK Inc. will oversee the production, sales and distribution of these products in that market. Monolith and SK Inc.’s work together first began in the summer of 2021 following SK Inc.’s investment in the clean hydrogen production leader.
Environmental News Bits 