Imtex Membranes Corp. specializes in advanced membrane separation technology, specifically designed for the petrochemical and refining industries. Their flagship product, Permylene, revolutionizes the extraction and purification of olefins, which are essential components in the production of plastics and other chemicals. Unlike traditional distillation methods, Permylene offers a commercially viable, high-performance alternative that significantly reduces capital expenditures and operating costs. The technology also addresses environmental concerns by lowering energy consumption and reducing olefin-containing waste streams. Imtex serves large-scale petrochemical companies and refineries, providing them with a more efficient and cost-effective solution for olefin separation. The company operates on a B2B (business-to-business) model, generating revenue through the sale and licensing of its proprietary membrane technology. Imtex has secured substantial funding from strategic investors, including SABIC Ventures and Sustainable Development Technologies Canada, to further develop and commercialize its innovative solutions.

Keywords: membrane technology, olefin extraction, petrochemical, refining, cost-effective, high-performance, environmental benefits, B2B, strategic funding, Permylene.