About ThioSolv, LLC

ThioSolv, LLC is a Largo, FL, based company that licenses its patented and patent pending technology to take H2S and ammonia and react them to produce useful, marketable fertilizer products, such as ammonium thiosulfate (“ATS”). From there ThioSolv takes the fertilizer product(s) and facilitates the transport, marketing and sale of the product(s). Once the revenue from the sale of the product is received, ThioSolv provides a percentage of the revenue back to the investors in its process — resulting in a consistent revenue stream for dealing with emissions versus the typical operating cost.

Founded by Michael F. Ray in 2001, ThioSolv has grown to have its technology licensed at 5 sites around the US and more projects underway in the petroleum and the renewable natural gas fields, both in domestically and abroad.


Michael F. Ray – CEO of ThioSolv LLC

President and Founder of ThioSolv, LLC  2001-Present

Currently servicing on the following Board of Directors

Kodiak Carbonic, LLC

Prior Boards

Cyanco LLC, a subsidiary of Oaktree Capital Management 2008-2018 (sold)

Rentech Nitrogen, GP 2011-2016 (sold)

Rentech, Inc.  2005-2014

Coastal Chem, Inc.   1990-2001 (sold)

Prior Positions with The Coastal Corp.

Divisional VP of Business Dev., (1996-2001)

President Coastal Chem, Inc.  (1990-1996)

VP Business Dev. and Admin.  (1986-1990)

Other Involvement

Ad hoc Committee for Nitrogen Fertilizer Industry, Wyoming Heritage Society, DOE, EPA and NSF EPSCOR Steering Committees for Wyoming University, Wyoming Governor’s Taskforce on Employee Compensation


Michael J. Ray – Manager of Engineering

Manager of Engineering at ThioSolv, LLC

Work Experience

Plant Operations Intern at Kodiak Carbonic

Intern at Chemex Process Engineering Group

Education Experience

Bachelor’s in Chemical Engineering from Colorado School of Mines

Sulfur Experts Class

Amine Experts Class

Contributed 4 new patents


Matthew F. Ray – Director of Bus. Development

Manager of Business Development

Work Experience

Gavilon Fertilizer

Education Experience

Bachelor’s in Management from Baylor University

Bachelor’s in International Business from Baylor University

Graduated Magna Cum Laude at Baylor University

Certificate in Agronomy Essentials from Purdue University

Certificate in Nutrient Management from Purdue University

Certificate in Precision Agriculture from Purdue University