Hydrogen is an energy-rich fuel that burns clean, producing only energy and water vapor; experts agree that it represents a viable fuel alternative for major carbon-emitting transportation uses (e.g. ocean freight) and industrial uses that cannot yet be electrified. The industry is poised for rapid growth as hydrogen replaces fossil fuel for many use cases in the coming decades. Moreover, Monolith operates a win-win business where they can prevent methane from being released or flared into the atmosphere while producing valuable fuel and industrial products in the process.
Monolith’s goal is to be the world’s leading clean hydrogen and clean materials company. The company has developed methane pyrolysis technology that can be produced on a commercial scale to offer zero-emission, low-cost clean hydrogen and high-value carbon black.
Monolith is working to quickly scale up its operations through its Olive Creek expansion in Nebraska, while also planning rapid expansion to serve the Clean Hydrogen, carbon black, and ammonia demands of clients across North America and around the world.
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