Vivakor, Inc. (NASDAQ:VIVK) on Wednesday disclosed a joint venture with Monarch R&P Management, an affiliate of the principals of CA-2 Materials, Inc.
This will create Monarch Remediation & Processing I, LLC
Details The partnership will oversee the commissioning and launch of Vivakor’s Houston-area Remediation Processing Center (RPC) and related wash plant facility. The agreement advances the project from development and construction into commissioning and operational preparation. The commercial operations will begin in the third quarter of 2026.
The financial terms of the JV were not disclosed. Through the joint venture, Vivakor and Monarch will complete final startup activities, prepare the site for service, and support the facility’s transition into full commercial operation. Vivakor expects the RPC to enhance its existing transportation, storage, logistics, terminaling, and energy trading network as it continues to expand its integrated energy and environmental services platform.