Announcements, Press Releases & Coverage
Press Release
Ethanol Producer Magazine — How CCU Platforms Stack Up
Companies like Carbon Sink LLC, CapCO2 Solutions, and HYCO1 have developed on-site carbon capture and utilization (CCU) technology platforms capable of turning waste CO2 streams into high-value products. Their respective tech packages have different origins and serve different end-use industries, but each offers a viable alternative for ethanol plants still waiting for—or off route from—one of the proposed multistate carbon pipelines still jostling through the middle stages of regulatory development and land right-of-way negotiations.
Based in Arlington, Virginia, Carbon Sink brings a roster with rich experience in energy project development and finance, fuels, chemicals production, and systems integration. It also boasts some big-name partnerships. Formed roughly three years ago, Carbon Sink has signed agreements with Maersk, the global shipping giant, along with Haldor Topsoe, a global technology provider. The company’s focus is green methanol, which it produces via renewable energy from hydrogen derived from water and waste CO2—preferably in pure form, like the CO2 captured from corn ethanol plants. Shipping companies want to use green methanol in place of diesel—and they need a lot of it...
Media Coverage
Carbon Sink and Red River Energy talk with Ethanol Producer Magazine — Katie Schroeder of Ethanol Producer Magazine writes about Carbon Sink's relationship with Red River Energy and plans to produce carbon-neutral methanol for one of the world's largest shipping companies.
Infographic
The US is poised to take a dramatic step in promoting clean energy development. With the expected passage by the House of Representatives and subsequent signature by the President, $369 billion in direct grants and subsidies will be accessible by companies like Carbon Sink to develop and construct new clean energy projects. In addition, a portion of this funding will be used to capitalize green banks that will provide debt financing to hundreds of new commercial -scale sustainable energy plants, like those Carbon Sink is developing.
See this new Infographic that highlights programs of the Inflation Reduction Act that Carbon Sink will be able to leverage for our first and subsequent eMethanol plants.
CEO Interview
Yesterday, Carbon Sink LLC CEO, Steve Meyer, participated in Cube Infrastructure Managers' Quarterly Investment Forum. Steve was interviewed by Hervé Touati about Carbon Sink's strategy to develop multiple eMethanol production facilities that will supply carbon-neutral eMethanol to hard-to-decarbonize sectors, such as shipping and chemicals, allowing them to reduce their greenhouse gas emissions by displacing conventional fuels and feedstocks.
The full program can be viewed here, with Mr. Meyer's interview beginning at 49:12 in the program.
Cube Infrastructure Managers is an independent Luxembourgian management company focusing on investments in the European infrastructure space. The team has a broad industrial and managerial experience, and a highly international profile. Cube Infrastructure Managers has raised €3.7 billion through four funds all active in the European infrastructure space.