10/28/2016

Monolith Materials Breaks Ground on Olive Creek Plant

Client Monolith Materials, an advanced manufacturing company which produces carbon black, broke ground at their plant located outside Lincoln, Nebraska, on October 20, 2016. Holland & Hart’s Denver partner Sam Edwards was in attendance. The plant will be the first commercial-scale carbon black manufacturing facility developed by Monolith, using their proprietary manufacturing process which replaces oil with natural gas as a feedstock, significantly reducing emissions.
 
When fully built out, the Olive Creek plant will produce hydrogen that will be sold to Nebraska Public Power District, who will convert their coal-fired boiler into a first-of-its-kind public utility hydrogen-fueled boiler at their Sheldon Station power plant. The State of Nebraska was represented at the groundbreaking by Governor Pete Ricketts, who provided remarks on the impacts to the community, including up to 600 new jobs, hundreds of millions of dollars in new capital investment, and a clean energy source to the area.  

Holland & Hart represented Monolith’s project company, Monolith Nebraska, LLC, in all phases of this innovative project, including land acquisition, natural gas firm transportation rights, electricity purchase, construction and procurement, hydrogen fuel sales, and other general corporate matters. The Holland & Hart team was led by Denver partner Sam Edwards and also included Stephanie Edinger, Leslie Boyle, Michael Robertson, Jim Borgel, Elizabeth Mitchell, Brian Mumaugh, and Beau Bump.  

For more information, please see Monolith Materials’ press release

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