While the merchant CO2 capture in the ethanol industry, led by companies like POET, remains robust, it is being somewhat overshadowed by a surging movement to capture fermentation CO2 for sequestration, like Blue Flint Ethanol and Marquis Energy.
October 11, 2024
BY Tom Bryan
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Alto Ingredients Inc. on Nov. 6 released Q3 financial results, announcing an agreement with Vault 44.01 related to a CCS project in Illinois and indicating the company is considering idling its Idaho ethanol plant in response to falling margins.
South Dakota voters on Nov. 5 rejected a law signed earlier this year that pertains to the development of CO2 pipelines within the state. Summit Carbon Solutions confirmed it still plans to file a permit application with the state later this month.
LanzaTech Global Inc. has announced plans to develop a commercial-scale carbon capture and utilization (CCU) facility at Herøya Industrial Park in Porsgrunn, Norway. The plant will produce ethanol and is expected to begin operations in 2028.
ICM has signed an EPC agreement to provide Absolute Energy LLC, with its patented FOT Oil Recovery technology, which enhances oil production while reducing natural gas consumption and improving the facility’s overall energy efficiency.
Green Plains Inc. released Q3 financial results on Oct. 31, reporting improved ethanol margins. Company officials discussed the successful startup of Green Plains’ Clean Sugar Technology facility and the planned retirement of CFO Jim Stark.