JPMorganChase–Graphyte carbon removal agreement — 60,000 tons over 10 years, Projects Loblolly (AR) and Ponderosa (AZ)
JPMorganChase enters a 10-year, 60,000-ton carbon removal offtake with Graphyte, a startup that compresses agricultural and forestry residue into dense, stable carbon-rich material for underground storage. Two projects: Project Loblolly in Arkansas (existing, operational) and Project Ponderosa in Flagstaff, Arizona (commences 2027), the latter using forest-thinning material that also reduces wildfire risk. Axios exclusive by Amy Harder.
Deal Value
Carbon Removal
Technology
AR
Location
Deal Details
- Deal Type
- Carbon Removal Offtake
- Seller / Sponsor
- Graphyte
- Buyer / Financier
- JPMorganChase
- Offtaker
- JPMorganChase
- Stage
- Operational / Development
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