Capital infusion MTR recently secured 27 million in a Series B led by Climate Investment with participation from Hartree Partners, signaling strong growth funding and validation from strategic investors. This presents an opening to position enhanced scale manufacturing capabilities and expanded deployment of membrane-based separation systems to new and larger petrochemical and natural gas projects.
Industrial gas niche MTR specializes in membrane-based separations across hydrocarbon recovery, natural gas conditioning, LPG and nitrogen separation, and hydrogen purification from refinery off-gases. Target potential buyers include refineries, LNG plants, natural gas processing facilities, and petrochemical producers seeking energy-efficient separation solutions.
Global project experience With over 200 plants supplied for gas separation and a track record in vent stream hydrocarbon recovery, MTR demonstrates proven deployment in high-demand industrial environments. Use this to pursue large-scale upgrades, turnkey installations, or retrofit opportunities at mature facilities seeking performance improvements.
Funding-driven expansion Previous and recent funding milestones, including an $8M pilot carbon capture project and a substantial DOE-backed research funding trajectory, indicate ongoing R&D and near-term commercialization potential. This can be leveraged to propose joint development opportunities with customers pursuing carbon capture, emissions reductions, and energy efficiency programs.
Adjacent technologies MTR's tech stack and collaboration history (including SUNY Buffalo for composite membranes and solvent dehydration processes) point to capabilities in advanced membrane materials, process intensification, and solvent handling. Opportunities exist to cross-sell to customers needing integrated separation trains, dehydration, and post-combustion capture enhancements.