A specialist in membrane-based separation systems for the petrochemical, natural gas, and refining industries, Membrane Technology and Research (MTR), Inc. has secured $27.0M in Series B funding. The capital infusion, with participation from investors CI and Hartree Partners, will support MTR's continued development and production of its advanced separation technologies.
MTR has a strong history, having supplied over 200 plants for gas separation applications, including hydrocarbon recovery from vent streams and natural gas fuel gas conditioning. Its systems are critical for processes like LPG recovery from natural gas and hydrogen purification from refinery off-gases.
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