U.S. Markets closed

CL-WV Holdings, LLC Adds Patents to Their Licensed Pure Carbon Technology Portfolio

COLUMBIA, Md., Feb. 22, 2019 /PRNewswire/ -- CL-WV Holdings, LLC ("CL-WV"), an advanced materials development company, holds from the West Virginia University Research Corporation ("WVURC") an exclusive worldwide license under eighteen issued and allowed patents and many more patent applications filed around the world, including the United States, China, Japan, Korea, Mexico, Canada, Australia, Israel, the UAE, and others, as well as derivatives and improvements of such patented technology.  Patents filed to date relate to (i) processes for pure carbon technology and methods thereof, (ii) methods and apparatuses for production of carbon, carbide electrodes, and carbon compositions, (iii) methods for production of carbon and hydrogen from natural gas and other hydrocarbons, and (iv) methods, apparatuses, and electrodes for carbide-to-carbon conversion with nanostructured carbide chemical compounds. CL-WV also holds exclusive rights to certain trade secrets, proprietary information, and intellectual property that was developed by researchers of CL-WV and WVURC relating to the production and use of carbon allotropes. 

Rich Duafala, Managing Director of CL-WV, commented: "Our licensed technology is truly unique as evidenced by our growing global patent portfolio, and we are very excited about the materials that may be produced and the possible applications for these products. We believe our technology offers several key advantages over existing carbon production processes, including lower costs of production with higher quality materials, and better control of the carbon form produced. The market potential for a technology to cleanly convert coal and natural gas into high value products is tremendous. It's a multi-billion dollar addressable market opportunity for these materials. Additionally, the co-production of hydrogen is an added benefit from our technology and it's applications in the hydrogen economy have enormous potential as well."

In recent months CL-WV's filings resulted in four exciting patent grants or allowances including US patent 10,144,648 for a method of producing materials including carbon nanotubes and fullerenes, US patent 10,207,922 for claims related to the production of elemental carbon and hydrogen from methane and other hydrocarbons, EPO patent allowance which includes an apparatus and method for the production of high value carbon materials, and a South Africa patent allowance for method, apparatus, and composition claims relating to the production of various carbon forms. 

Interested parties seeking additional information about these patents and technologies should contact Rich Duafala at 301-471-7690, Managing Director at CL-WV Holdings, LLC.  

Cision

View original content:http://www.prnewswire.com/news-releases/cl-wv-holdings-llc-adds-patents-to-their-licensed-pure-carbon-technology-portfolio-300800570.html