SOURCE: Minnesota Department of Commerce
February 6, 2024
BY Erin Voegele
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Anew Climate LLC has announced a marketing agreement with Summit Carbon Solutions. Under the terms of the agreement, Anew will market carbon dioxide removal credits generated from Summit biomass with carbon removal and storage (BiCRS) project.
Carbon dioxide has many merchant market applications, ranging from the medical industry to agriculture to food and beverage.
Tallgrass, the developer of a CO2 pipeline project that will sequester CO2 sourced from ethanol plants and other facilities, has entered a Community Benefits Agreement with Bold Alliance. The CBA is endorsed by several ag and biofuel groups.
Technip Energies and LanzaTech Global Inc. were selected by the U.S. Department of Energy Office of Clean Energy Demonstrations to begin award negotiations for up to $200 million funding to support project SECURE.
Rex American Resources Inc. on March 28 released financial results for its fiscal Q4, reporting near record profits for both the three-month period and the full year. Sales volumes for ethanol and coproducts were up.