About Imtex Membranes

Imtex Membranes Corp. is a cleantech company that specializes in the separation of gases for the petrochemical industry using innovative membrane technology. Imtex has developed a fully patented process, brand named Permylene, which has significant cost, environmental and other benefits in the production of chemical products derived from petroleum and natural gas.

CAD$16.5 million and over 10 years of research and development have been invested into the development of Permylene which has received technical performance validation from several international petrochemical producers. Furthermore, significant technical review was undertaken during the due diligence performed by key innovation supporting government funding institutions, including National Research Council Canada, Sustainable Development Technology Canada and Ministry of Research and Innovation Ontario before funding was awarded.

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Permylene customers include petrochemical producers, oil refiners, specialty chemical producers, engineering/procurement/construction companies and technology licensors. Imtex is working with over 40 petrochemical producers globally, and negotiations for the installation of pilot demonstration units are currently underway with a number of customers.

Imtex has patented the Permylene process with two patents. The first is a granted patent for the olefin/paraffin membrane process and composition covering several jurisdictions. The second, a patent pending covering the membrane hydration process has been filed in all relevant international jurisdictions and was recently issued in China. These two patents complement each other for practical commercial applications and protect the technology globally to 2032.

Imtex is a subsidiary of Monteco Ltd., a private, strategic investment firm that starts / acquires and grows ground-breaking companies in the industrials, cleantech and software sectors. Based in Toronto, Canada, Monteco has specialized in commercializing early stage technologies and growing them into successful operating companies for over 25 years. For more information please visit www.monteco.com.

 

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