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RNS Number : 1096K MyCelx Technologies Corporation 11 April 2024
11 April 2024
MYCELX TECHNOLOGIES CORPORATION (AIM: MYX)
EPA Publishes National Drinking Water Standards
MYCELX Technologies Corporation ("MYCELX" or the "Company"), the clean water
and clean air technology company transforming the environmental impact of
industry, notes the announcement by the United States Environmental Protection
Agency ("EPA") regarding the first-ever national, legally enforceable drinking
water standards for PFAS exposure.
MYCELX notes that the EPA has announced the first-ever national, legally
enforceable drinking water standard to protect communities from exposure to
harmful PFAS substances known as "forever chemicals". PFAS exposure has been
linked to several cancers, liver and heart issues, and immune and
developmental damage to infants and children. The final rule will reduce PFAS
exposure for approximately 100 million people, preventing deaths and reducing
serious illnesses. There will be circa $1 billion in newly available funding
through the Bipartisan Infrastructure Law to help states and territories
implement PFAS testing and treatment at public water systems and to help
owners of private wells address PFAS contamination in addition to a $9 billion
investment to help communities with drinking water impacted by PFAS and other
emerging contaminants.
More details can be found at the following link:
https://www.epa.gov/newsreleases/biden-harris-administration-finalizes-first-ever-national-drinking-water-standard
(https://www.epa.gov/newsreleases/biden-harris-administration-finalizes-first-ever-national-drinking-water-standard)
Connie Mixon, CEO, commented:
"We are very pleased to see this announcement by the EPA. The need for
successful treatment of "forever chemicals" is now acknowledged and funding is
being made available which will accelerate the adoption of new and more
effective technology such as ours. MYCELX is engaged and very focused on
the PFAS remediation market, as the Company's unique and patented technology
is proven to successfully treat water and remediate sites that have been
contaminated by PFAS chemicals, up to current EPA water standards."
For further information, please contact:
MYCELX Technologies Corporation
Connie Mixon, CEO Tel: +1 888 306 6843
Kim Slayton, CFO
Canaccord Genuity Limited (Nomad and Sole Broker)
Henry Fitzgerald-O'Connor Tel: +44 20 7523 8000
Ana Ercegovic
Celicourt Communications (Financial PR)
Mark Antelme Tel: +44 20 7770 6424
Jimmy Lea
Charlie Denley-Myerson
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