Cormetech was formed through the merger of CoaLogix Holdings, Inc. and STEAG Energy Services, LLC in 2016 and the acquisition of Cormetech, Inc. in 2017. The company is wholly owned by Energy Capital Partners and STEAG Energy Services GmbH.

Cormetech provides innovative and cost-effective solutions that help coal-fired and natural gas-fired power plants and other industrial facilities achieve and maintain compliance with increasingly stringent environmental regulations. The company is a manufacturer and provider of environmental catalysts, catalyst regeneration and catalyst management services for the power, marine, industrial-process, refinery, and petrochemical markets. Headquartered in Charlotte, NC, the company owns manufacturing facilities, R&D centers and testing laboratories in Charlotte, North Carolina, Durham, North Carolina and Cleveland, Tennessee.