Birchtech Business Summary

Birchtech Corp. (BCHT) operates as an environmental technology provider specializing in patented solutions for mercury emissions capture and water purification. The company generates revenue through a multi-stream model comprising the sale of proprietary Sorbent Enhancement Additive (SEA) consumables, technology licensing fees, and specialized consulting services. Its operations are divided into two primary segments: the Air Division, which serves the coal-fired utility sector with mercury control systems, and the emerging Water Division, focused on the removal of "forever chemicals" (PFAS/PFOS) and the commercialization of granular activated carbon (GAC) reactivation. As of early 2026, Birchtech is transitioning its listing to the NYSE American to scale its water treatment infrastructure. Direct competitors include PyroGenesis Canada Inc., BluMetric Environmental Inc., and Green Impact Partners Inc. Birchtech distinguishes itself as a specialized market leader in mercury capture with a high-margin recurring revenue profile from its consumable additives, currently pivoting toward a broader environmental remediation platform. The leadership team is anchored by Founder, President, and CEO Richard MacPherson, who established the company in 2008 to commercialize Department of Energy-developed technologies and possesses over 30 years of executive experience in the energy sector. Technical operations are led by Senior VP and CTO John Pavlish, an internationally recognized expert in mercury emissions with numerous patents to his credit, and Dr. David Mazyck, Executive Director of Innovation and Commercialization, who brings over two decades of expertise in activated carbon from the University of Florida. Financial oversight is managed by CFO Fiona Fitzmaurice, a chartered certified accountant with extensive experience in TSX-listed corporate finance. The Board of Directors includes notable members such as Troy Grant, CEO of Elcora Advanced Materials, and Mitzi H. Coogler, a veteran CPA and construction executive, providing a mix of strategic mining, infrastructure, and capital markets expertise.