Lincoln, NE – According to filings with the U.S. Securities and Exchange Commission, Monolith Materials is raising $120,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Rob Hanson played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Monolith Materials
Monolith is a next generation chemical and energy company that believes technology will create the path to environmental transformation. Through innovation and imagination, we are developing new, economically sustainable, technology-forward ways to make everyday products cleaner. As part of this, Monolith utilizes clean, renewable electricity to transform natural gas into vital materials, including carbon black and hydrogen, that are needed for a wide range of purposes and industries in a way that is clean and environmentally responsible. Ours will be the world largest methane pyrolysis plant, and first new commercial facility to produce carbon black in the United States in 50 years, through our proprietary process that uses methane pyrolysis. Monolith is the first company to make this plasma-based process work on a commercial scale since the first patent was filed over 100 years ago. Monolith creates new, innovative, responsible technology that disrupts antiquated, unsustainable and environmentally harmful industries. As our company expands, we’re embracing globally recognized environmental, social and governance principles to guide that growth.

To learn more about Monolith Materials, visit http://monolithmaterials.com/

Contact:
Rob Hanson, Chief Executive Officer
402-413-5763
rob.hanson@monolithmaterials.com
https://www.linkedin.com/in/robert-hanson-7a32218

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