Wolf Carbon Solutions, ADM Announce Partnership to Advance Decarbonization of Ethanol Production
11 Janvier 2022 - 03:00PM
Business Wire
Wolf Carbon Solutions US LLC (Wolf Carbon Solutions) and ADM
(NYSE: ADM), a global leader in nutrition and agricultural
origination and processing, today announced that they have signed a
Letter of Intent paving the pathway toward further decarbonization
of ADM’s footprint via construction of a pipeline – developed,
owned and operated by Wolf Carbon Solutions – which, together with
a commercial agreement, will allow for the capture, compression and
transportation of carbon dioxide produced at ADM’s Clinton and
Cedar Rapids, Iowa, facilities.
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Designed as the backbone infrastructure needed to support the
region’s lower carbon transition, the 350-mile steel trunk line
will be capable of transporting 12 million tons of CO2 per year.
The pipeline will offer dedicated capacity to transport CO2 from
ADM’s ethanol and cogeneration facilities in Clinton and Cedar
Rapids to be stored permanently underground at ADM’s fully
permitted and already-operational sequestration site in Decatur,
Illinois. The pipeline would have significant spare capacity to
serve other third-party customers looking to decarbonize across the
Midwest and Ohio River Valley.
“This partnership is an excellent example of industries working
together to decarbonize and deliver upon their ESG strategies and
commitments,” said David Schmunk, President, Wolf Carbon Solutions.
“Our organizations offer a great combination of complementary
skills and experience — ADM with more than 10 years of experience
owning and operating CO2 sequestration wells, and the Wolf Carbon
Solutions team with expertise in owning and operating carbon
capture facilities and pipeline transportation systems, including
North America’s largest third-party CO2 pipeline in Alberta,
Canada. We are delighted to share our expertise to further the
effort to develop low carbon fuels in the U.S.”
ADM’s carbon capture and sequestration capabilities in Decatur
have allowed it to safely and permanently store more than 3.5
million metric tons of CO2 a mile and a half under the surface of
the earth, and have paved the way for increased decarbonization of
the company’s operations, including its announcements in 2021 of a
partnership to construct a zero-emissions power plant adjacent to
the company’s Decatur corn complex, and its achievement of the
wheat milling industry’s first carbon-neutral footprint.
“ADM is continuing to lead the way to decarbonize the industries
in which we operate,” said Chris Cuddy, President, Carbohydrate
Solutions for ADM. “Customers are increasingly turning to us to
help them meet their Scope 3 emissions commitments with low
carbon-intensity sustainable solutions. This is an exciting
opportunity for ADM to connect some of our largest processing
facilities with our carbon capture capabilities, advancing our work
to significantly reduce our CO2 emissions while delivering
sustainable solutions for our customers. These efforts are core to
our purpose, our culture and our growth, and we look forward to
working with Wolf Carbon Solutions to finalize this agreement and
further decarbonize our operations and our industry.”
About Wolf Carbon Solutions
www.wolfcarbonsolutions.com
Wolf Carbon Solutions US LLC (Wolf Carbon Solutions) is a
private company backed by Canada Pension Plan Investment Board (CPP
Investments). Wolf Carbon Solutions is an affiliate of Wolf
Midstream (Wolf), a $4 billion multi-faceted energy infrastructure
organization based in Calgary, Alberta. The company is committed to
transforming the future of carbon reduction through the development
of world-scale CO2 infrastructure in the U.S. and Canada. Wolf
constructed and operates the Alberta Carbon Trunk Line (ACTL)
system – a fully-integrated, world-scale carbon capture,
utilization and storage (CCUS) system that captures, transports and
permanently sequesters CO2 that would otherwise be emitted to
atmosphere. The ACTL system has safely delivered over two million
tons of CO2 to permanent storage since the system began operations
in 2020.
About ADM www.adm.com
At ADM, we unlock the power of nature to provide access to
nutrition worldwide. With industry-advancing innovations, a
complete portfolio of ingredients and solutions to meet any taste,
and a commitment to sustainability, we give customers an edge in
solving the nutritional challenges of today and tomorrow. We’re a
global leader in human and animal nutrition and the world’s premier
agricultural origination and processing company. Our breadth,
depth, insights, facilities, and logistical expertise give us
unparalleled capabilities to meet needs for food, beverages, health
and wellness, and more. From the seed of the idea to the outcome of
the solution, we enrich the quality of life the world over.
Source: Corporate Release
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Wolf Carbon Solutions Media Relations 1-833-203-8667
media@wolfcarbonsolutions.com
ADM Media Relations Jackie Anderson 312-634-8484
media@adm.com
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