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indiana-ccs-project-gains-funding
indiana-ccs-project-gains-funding

Indiana CCS project gains funding

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Wabash Valley Resources (WVR) has secured an investment from OGCI Climate Investments (OGCI CI) to develop a 1.5-1.75 million tonnes per annum, carbon capture and sequestration (CCS) project, located outside of West Terre Haute, Indiana.

WVR, an affiliate of Phibro LLC, claims the project is expected to be the largest carbon sequestration project in the US, and will create the world’s first ammonia produced with near zero carbon footprint. Ethanol produced from corn using WVR’s ammonia will benefit from a significantly lower carbon intensity rating, making US ethanol and corn more valuable in international and California markets.

The project will capture and sequester close to 100% of the plant’s carbon dioxide (CO2) approximately 7000ft 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 tonnes of CO2 per annum.

WVR acquired a world scale gasification plant in 2016, with plans to convert it to an ammonia production plant and carbon capture and sequestration project.

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