Midwest Energy Emissions patent suit vs refined coal entities advances; trial set Sep 2023

Birchtech Corp.

Lawsuit filed July 2019 against 43 defendants for patent infringement; 16 refined coal defendants remain; discovery ongoing.
IRS Section 45 tax credit program issued ~$1B/year to refined coal; program expires Dec 2021, driving potential replacement demand.
Four major utilities (Vistra, AEP, two others) settled and signed multi-year SEA® license agreements.
Company estimates 75% of unlicensed two-part process users are in refined coal; sees strong supply business potential.
Existing infrastructure can support $100M annual revenue; trial set for September 2023.

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