Entech company Arq’s patented process (United States Patent & Trademark Office, Patent No. 9777235) transforms coal waste into high-value, low-cost fuels ready for today’s market.
Julian McIntyre, Founder & CEO of Arq says:
“A unit of energy generated from oil is currently valued at six times the value of the same unit produced by coal. Arq Technology™ and Arq Fuels™ present an opportunity to upgrade coal into higher-value fuel products. We estimate that closing the difference in the value of a unit of energy produced between coal and oil is a market worth up to $2 trillion a year.”
Entech company Arq Group Ltd. (Arq) launched in October 2017
Arq Technology™ reclaims hydrocarbons from coal waste to produce Arq Fuels™, designed for blending with liquid fuel oils and mixing with traditional coals
The market opportunity for Arq Fuels™ is estimated at $2 trillion per year
To date, Arq has raised over $175 million. In its current round of fundraising, Arq is looking to raise a further $50 million
Entech company Arq transforms the hydrocarbons from coal into oil products whilst cleaning up environmental liabilities
Patent-protected process transforms coal waste into higher-value fuel products.