For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250501:nRSA9299Ga&default-theme=true
RNS Number : 9299G MyCelx Technologies Corporation 01 May 2025
1 May 2025
MYCELX Technologies Corporation
("MYCELX" or the "Company")
U.S. EPA Announces Actions to Combat PFAS Contamination
MYCELX Technologies Corporation (AIM: MYX), the clean water and clean air
technology company, notes the announcement by the United States Environmental
Protection Agency ("EPA") regarding a comprehensive plan to tackle PFAS
contamination, focusing on prevention, accountability, and support for
affected communities.
Key actions cited in the announcement include appointing a PFAS agency lead,
developing effluent guidelines to prevent PFAS from entering water systems,
enhancing scientific research and detection, and creating a liability
framework to ensure polluters bear responsibility for the remediation costs.
MYCELX is of the view that the announcement will lead to increased activity
and investment in the PFAS remediation market.
More details can be found at the following link:
https://www.epa.gov/newsreleases/administrator-zeldin-announces-major-epa-actions-combat-pfas-contamination
(https://www.epa.gov/newsreleases/administrator-zeldin-announces-major-epa-actions-combat-pfas-contamination)
Jim Weidler, MYCELX Director of Business Development - PFAS, commented:
"Most participants in the PFAS remediation industry have been waiting for an
update and action plan from the EPA on how this critical market will evolve
under the new administration. The establishment of a clear liability
framework, which protects citizens while punishing polluters is a significant
step forward, and the expansion of additional effluent guidelines will enable
companies at the leading edge of the PFAS remediation market, such as MYCELX,
to continue to roll out their technological offerings.
MYCELX will begin a wastewater effluent PFAS polishing trial in the next
couple of weeks and has devoted considerable time and investment into becoming
one of the leading PFAS remediation businesses in the United States. Multiple
opportunities exist for PFAS treatment companies like MYCELX to secure new
business and partnerships due to the EPA's expanded regulatory and enforcement
agenda and we look forward to updating the market on the Company's advancement
with this over the coming months."
For further information, please contact:
MYCELX Technologies Corporation
Connie Mixon, CEO Tel: +1 888 306 6843
Kim Slayton, CFO
Cavendish Capital Markets Limited (Nominated Adviser and Sole Broker)
Giles Balleny / Dan Hodkinson (Corporate Finance) Tel: +44 20 7220 0500
Ondraya Swanson (Corporate Broking)
Jasper Berry / Michael Johnson (Sales)
Celicourt Communications (Financial PR)
Mark Antelme Tel: +44 20 7770 6424
Jimmy Lea
Charlie Denley-Myerson
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END NRAWPUMGCUPAGRU