TECHNOLOGY FOR A CLEANER WORLDMonolith is a next-generation chemical company that believes technology will create the path

to environmental transformation. Through innovation and imagination, we are developing new,

economically sustainable, technology-forward ways to make everyday products cleaner.

WE USE RENEWABLE ELECTRICITY TO TRANSFORM NATURAL GAS

INTO CARBON BLACK AND HYDROGEN TO ENSURE OUR CUSTOMERS

HAVE SUSTAINABLE AND HIGH-PERFORMING MATERIALS FOR THE

PRODUCTS THEY PRODUCE.

Environmentally TransformativeOur innovative plasma process uses renewable electricity, creating a combustion-free

process with a substantially reduced environmental footprint. As a result, Monolith was

able to build the first new carbon black facility on U.S. soil in over 50 years.

Economically SustainableMonolith is the first company to find a way to make the plasma process work

on a commercial scale, sustainably and efficiently, since the first patent was

filed more than 100 years ago.

Technologically AdvantagedMonolith creates new, innovative, responsible technology that disrupts

antiquated, unsustainable and environmentally harmful industries.

The Monolith ProcessConventional carbon black is produced by burning decant oil or coal tar, releasing large amounts of

greenhouse gases into the atmosphere. At Monolith, we have developed and perfected a new technology

that converts natural gas into high-purity carbon black and hydrogen. This clean, environmentally

responsible process creates zero local emissions and significantly reduced life-cycle emissions overall.

It is also highly efficient with a greater than 97% conversion of the natural-gas feedstock into solid carbon.

Carbon Black and Hydrogen Production ReimaginedMonolith’s Olive Creek 1 (OC1) facility in Hallam, Nebraska, USA, is the first commercial-

grade carbon black facility using the plasma process. Its initial production capacity will

be 14,000 tons per year. When our Olive Creek 2 (OC2) facility is completed, our total

carbon black production capacity will increase to 194,000 tons per year.

The natural gas feedstock is superheated by electricity, so there is no flame, creating a CO2-free process.

1

This heat breaks the bonds between the carbon and hydrogen in the natural gas molecule. The separated carbon atoms and pairs of hydrogen atoms move through the chamber.

2

As the carbon atoms move through the process, they begin to cluster together. We control both the surface area and how the carbon molecules cluster to form various grades of carbon black.

3

The carbon black and hydrogen leave the chamber and enter the main-unit filter. From here, the clean hydrogen co-product is directed to its end users while the carbon black is finished in a traditional process.

4

MONOLITH: MAKING EMISSIONS-FREE, AFFORDABLE HYDROGEN A REALITY TODAYLong considered one of the keys to a sustainable future for the planet, hydrogen has been

an enticing resource. However, the CO2 emissions generated, along with the costs required

to produce sustainable hydrogen made the effort seem moot. Until now.

THEN, MONOLITH CAME ALONG AND TURNED CLEAN HYDROGEN

PRODUCTION ON ITS HEAD.

Globally, traditional hydrogen production generates over 830 million metric tons of carbon dioxide

emissions annually – equivalent to the CO2 output of the entire country of Germany. Through

an innovative and proprietary breakthrough in commercial-scale methane pyrolysis production,

Monolith is now manufacturing emissions-free, economically sustainable hydrogen using 100%

renewable energy. Monolith’s competitively priced hydrogen meets the industry standard for

the cleanest hydrogen available today.

Today, hydrogen is used in ammonia for fertilizer, transportation fuel, desulfurization of fuel and

energy generation and storage. While the reality of emissions-free hydrogen production promises

to spur these industries to further innovation, it also opens the door to a myriad

of potential new hydrogen energy uses and innovations.

Monolith Emissions-Free Hydrogen:

Renewable and Conventional Natural Gas Feedstock

Methane Pyrolysis is Emissions-Free

Manufactured Using 100% Renewable Electricity

Competitively Priced

Cleanest Hydrogen Available Today

CLEAN AMMONIA FOR A CLEANER TOMORROWWithout ammonia, the planet could not grow the nutrient-rich food required to sustain our

ever-growing population. Yet, traditional ammonia production accounts for great than 1% of

the world’s greenhouse gas emissions (equal to those of the United Kingdom).

COMPETITIVE COST

LOW CO2

PY

RO

LYS

IS

HIGH COST

LOW CO2

8 T Oxygen

Water 1 T Hydrogen

Facility Electricity

Natural Gas

3 T Carbon Black

1 T Hydrogen

Facility Electricity

STATUSQUO

SMR

STEA

M M

ETH

AN

E RE

FORM

ING

Natural Gas

Water 11 T CO2

1 T Hydrogen

Facility Electricity

ELE

CTR

OLY

SIS

Traditional ammonia production processes compared to Monolith’s process. See the “Committed to ESG” and “Clear Environmental Advantages” (pages 16–17) for details on Monolith’s full environmental impact.

AMMONIA IS JUST THE BEGINNING. MONOLITH CONTINUES TO

EXPLORE OPPORTUNITIES FOR ITS HYDROGEN TO HELP CREATE

A CLEANER, CARBON-FREE TOMORROW.

Ammonia produced by Monolith will change that. Using our proprietary methane pyrolysis

process, we will create 275,000 tons per year of carbon-free anhydrous ammonia when our

OC2 facility is complete. Because Monolith sits in the heart of America’s Corn Belt, our locally

produced clean ammonia will reduce dependency on the 1.75 million tons of ammonia

imported each year to grow the food that helps feed the world.

CARBON BLACKCarbon black is one of the oldest manufactured products in the world, dating back four

thousand years. Today, it is one of the top-50 materials used across the planet, serving as

an integral component of many everyday products. Because of our innovative plasma process,

Monolith is the only producer of environmentally responsible carbon black.

A very fine, very black powder, carbon black has a molecular

and crystalline structure similar to graphite. It consists of

carbon particles (typically 10–50 nm) fused into aggregates

(typically 50–250 nm).

The Material of Everyday Life

As one of the top materials in use today, carbon black has become such a large part of daily life

around the world that it largely goes unnoticed. Here are just a few of the products that carbon

black helps make better if not possible:

High-Performance Coatings and Adhesives

Toners and Printing Ink

Tires (Innerliner, Carcass, Tread)

Plastics

Batteries and Conductive Inks

Mechanical Rubber Goods

PURE, HIGH-PERFORMING CARBON BLACK While Monolith’s commitment to creating new technology for producing environmentally sustainable

carbon blacks is redefining the industry, one thing remains unchanged–performance.

Multiple Industries and ApplicationsMonolith’s carbon blacks are developed with surface area and structure combinations that offer

rubber compounders the versatility to engineer compounds to their specific requirements to meet

myriad demands for high-performing carbon blacks within and across key industries and products.

TireInnerliner, Sidewall,

Carcass, Tread, Bead

Mechanical Rubber Goods

Hoses, Belts, Molded Goods,

Extrusion Goods, Seals and Gaskets,

Some Commodity Plastics

SpecialtyMetallurgy, Inks,

Wires and Cables, Batteries,

Food Containment

INDUSTRY KEY PRODUCTS MONOLITH PRODUCTS

Tire/Rubber Innerliner, Sidewall, Carcass, Tread, Bead

GreenBlack™ 5180 GreenBlack™ 6150 GreenBlack™ 6180 GreenBlack™ 7120 GreenBlack™ 7220

Mechanical Rubber Goods Hoses, Belts, Molded Goods, Extrusion Goods, Seals and Gaskets, Some Commodity Plastics

Core™ 5580 Core™ 6550 Core™ 6580 Core™ 7520 Core™ 7920

Specialty Metallurgy, Inks, Wires and Cables, Batteries, Food Containment

Bolt™ 5580 Bolt™ 6550 Bolt™ 6580 Bolt™ 7520 Bolt™ 5580 True™ 635

To learn more about the Monolith product line, visit www.monolithmaterials.com. While you’re

there, you can explore additional content, or download one of our industry-specific brochures

or a technical data sheet for an individual product line. You can also contact us through our

website or by emailing clean@monolithmaterials.com.

Monolith’s environmental story is unequaled in

the carbon black industry. Our proprietary process

reduces greenhouse-gas emissions (GHG) by 97%

compared to the incumbent process. This results in

a reduction of 500,000 tons of CO2 per year. Today,

Monolith’s OC1 production facility runs on 100%

renewable electricity. Monolith is partnering with

the Nebraska Public Power District (NPPD) to create

part of the infrastructure needed to ensure that the

electricity required to operate Monolith’s OC1 and

OC2 facilities remains 100% renewable.

COMMITTED TO ESGPROFIT AND LOSS. MARKET TRENDS. SALES FORECASTS. THESE ARE ALL IMPORTANT

MEASURES OF A BUSINESS. BUT THEY ONLY SCRATCH THE SURFACE OF A COMPANY’S

REAL VALUE. AT MONOLITH, WE BELIEVE THAT MAINTAINING OR EXCEEDING GLOBAL

ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) STANDARDS IS NOT ONLY GOOD

FOR THE PLANET, BUT IT’S ALSO GOOD FOR BUSINESS.

Monolith has set forth a vision for a company that will grow to become the social model for peer

companies across our industry and around the world. This will be led by a vision of diversity and

inclusion across a broad spectrum of ethnic, gender, age, religious, sexual-orientation and disability

groups. We know we are a better, stronger company when we have a diverse range of perspectives,

ideas and leaders to move us into the future.

When it comes to diversity and inclusion, we expect nothing less from the members of our supply chain,

partners and vendors who choose to do business with Monolith. Also, we expect them to adhere to our

high standards when it comes to employee relations and safety, as well as fair labor, procurement,

anti-corruption and related practices.

From the company’s inception, Monolith’s governance policies have been some of the best in the

industry. They begin at the top, with the split chairman and CEO positions and a board that includes

experienced, independent directors. The compensation comparisons between the highest and

lowest-paid employees at Monolith fall well within any reasonable equity standard.

Hydrogen613,760

1,020,920

ConventionalProcesses

CarbonBlack

407,160

Monolith’s

process

reduces CO2

emissions by

97% relative

to conventional

processes, or

~ 1 Million T

per year.

34,800

CA

RB

ON

BLA

CK

PR

OC

ES

SH

YD

RO

GE

N P

RO

CE

SS

INPUTS & FEEDSTOCK PROCESS OUTPUTS

ANNUAL CO2 EMISSIONS (T CO2e)

DecantOil

NaturalGas

RenewableEnergy

NaturalGas

Steam

Air

Combustion

Olive Creek will reduce greenhouse gas emissions by ~ 1 Million T per year

MonolithPlasmaProcess

Reforming

1 T Carbon Black(Product)

0.3 T Hydrogen(Product)

0.2 T CO2eCO2

H2

1 T Carbon Black(Product)

2.3 T CO2e

NOx,SOx

CO2

0.3 T Hydrogen(Product)

3.6 T CO2eCO2

H2

CLEAR ENVIRONMENTAL ADVANTAGES

For reference, switching to an electric vehicle saves 2.5 T of CO2 per year.

We believe technology will create the path to environmental transformation.Environmentally transformative. Economically sustainable. Technologically

advantaged. That’s our simple formula for building a company that is electrifying

the chemical industry to make cleaner versions of everyday products.

2014 – 2015Monolith’s Seaport pilot project in California is built, making it the first new carbon black plant built in the U.S. in 50 years.

2016 –2017Monolith successfully concludes its pilot program and breaks

ground on its first commercial facility – Olive Creek 1 (OC1).

2019Monolith’s OC1 facility nears mechanical completion and enters the commissioning phase.

2020Monolith’s OC1 facility achieves full commissioning in 2020,

with the first delivery of product to customers in Q4.

2020 & BEYONDMonolith expands its Olive Creek facility and begins developing additional sites to serve global demand for carbon black and hydrogen.

2012Rob Hanson and Pete Johnson founded the company with

a simple mission to be environmentally transformative, technologically advantaged and financially viable.

The Monolith Story

MONOLITH™ MATERIALS, INC. 134 S 13th Street Ste 700 Lincoln, NE 68508 402-413-5763

www.monolithmaterials.com © 2020 MONOLITH MATERIALS, INC.