Cormetech, a leading manufacturer of SCR Catalysts and Carbon Capture Adsorbers and Services for the emissions control industry, has announced a significant leadership transition. Effective August 19th, 2024, Patricia Martinez will assume the role of President & CEO, succeeding Mike Mattes, who will take on the position of Chairman of the Cormetech Board of Directors. John Moore, the current Chairman of the Board, expressed his enthusiasm for the transition, stating, “I am excited for Patricia and Mike to collaborate and eager to continue supporting Cormetech in my continued role as a Board Member.”
John Moore added, “I am very confident that Patricia is the right person to expand and globalize our catalyst business and commercialize our carbon capture technologies and services. I look forward to supporting her in my new role as Chairman.”
Patricia Martinez brings extensive experience and a proven track record in growing businesses within the natural gas value chain across major energy markets. Since 2021, she has led the delivery of low-carbon energy solutions, focusing on Electrification, Carbon Capture Utilization and Sequestration (CCUS), Bio Energy, and Hydrogen. Patricia currently serves on the Boards of NOV (NYSE: NOV) and Par Pacific (NYSE: PARR). With over 25 years of industry experience, including key roles at Dupont, Shell Oil, and Valerus Compression Services, Patricia is a recognized thought leader in global natural gas and its role in the energy transition.
“I am honored to join Cormetech and lead this exceptional team,” said Patricia. “I look forward to building on the 35 years of innovative products and services created by Cormetech and continuing to deliver value to our customers, employees, and shareholders. Point Source Carbon Capture is the pinnacle of industrial decarbonization, and Cormetech is positioned to lead the journey.”
Mike Mattes, who has been with Cormetech and its predecessor, CoaLogix, for over 17 years, has played a pivotal role in the company’s growth and success. Under his leadership, Cormetech expanded its product lines in Regeneration, Carbon Capture, and Hydrogen, solidifying its position as an industry leader in emissions control. As Chairman of the Board, Mike will continue to provide strategic oversight and support to the executive team.
“It has been my privilege to lead Cormetech and work alongside such a talented group of individuals,” said Mike. “I am very confident that Patricia is the absolute right person to expand and globalize our catalyst business and commercialize our carbon capture portfolio of technologies and services. I look forward to supporting her in my new role as Chairman.”
Edoardo Bugnone, a Cormetech Board Member, commented, “This leadership transition marks an exciting new chapter for Cormetech as it continues to innovate and grow. The Board of Directors is confident these changes will build on the company’s strong legacy and drive it to new heights.”
About Cormetech
Cormetech is a global leader in designing, manufacturing, and managing the lifecycle of technologies that clean the air of harmful pollutants and carbon dioxide (CO2) linked to climate change. With over three decades of innovation, Cormetech’s environmental catalysts and CO2 adsorbers are essential components of emissions control and carbon capture systems. The world’s top power, industrial, and marine companies rely on Cormetech’s products to cost-effectively meet compliance standards while balancing global energy and infrastructure demands.
