In Indiana, Wabash Valley Resources (WVR), an affiliate of Phibro LLC, announces the closing of an investment from OGCI Climate Investments (OGCI CI) to develop a 1.5-1.75 million tons per annum, carbon capture and sequestration (CCS) project, located outside of West Terre Haute, Indiana.
The project will capture and sequester close to 100% of the plant’s CO2 approximately 7000 ft below the surface into the saline sandstone aquifer known as the Mount Simon Sandstone, and will have the capacity to be expanded to 1.75 million tons of CO2 per annum. Fertilizer plants are a major source of green-house gas emissions, representing approximately 2% of CO2 emissions globally. WVR’s carbon capture and sequestration project will facilitate the production of fertilizer, from the co-located WVR plant, with a very low carbon footprint. Low carbon ammonia production lowers the carbon intensity of ethanol produced in the United States, making it economically more competitive in California and Europe.
Category: Producer News