Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, announced it entered into a CO2 Transportation and Sequestration Agreement (TSA) with Vault 44.01 to provide transportation, injection and sequestration into the Mt. Simon sandstone formation in Illinois of CO2 produced at Alto Ingredients’ Pekin campus.“Continually striving to increase opportunities, improve profitability and lower carbon emissions, we partnered with Vault for the safe transportation and storage of CO2 from our Pekin campus,” said Bryon McGregor, President and Chief Executive Officer of Alto Ingredients, Inc. “While we await EPA submission and approval, address financing and source equipment, the TSA marks a significant milestone on our path toward a more prosperous future. This project represents our commitment to building a sustainable future for our environment, our farmers and our entire community.”Producing approximately 250 million gallons of specialty alcohols and renewable fuels per year, the&nbsp;Pekin&nbsp;campus generates over 600,000 metric tons of CO2&nbsp;annually as a by-product of the corn fermentation process.&nbsp;This project is intended to substantially reduce CO2&nbsp;emissions and provide direct value to the surrounding communities while&nbsp;&nbsp; continuing to contribute employment and economic opportunities.Scott Rennie, President and Chief Executive Officer of Vault 44.01, said, “We are excited to continue our efforts with Alto on this project to significantly reduce carbon dioxide emissions while benefiting Illinois farmers and the broader community. In developing this project, our top priorities are safety, transparency, and the long-term security of the carbon dioxide we manage. Alongside the Alto team, we look forward to working collaboratively with landowners, community members and regulators as we bring this project to fruition.”

large_NOV24 Alto Vault 44.01 1080x1080.jpg

medium_NOV24 Alto Vault 44.01 1080x1080.jpg

small_NOV24 Alto Vault 44.01 1080x1080.jpg

thumbnail_NOV24 Alto Vault 44.01 1080x1080.jpg

NOV24 Alto Vault 44.01 1080x1080.jpg

Alto Ingredients, Inc. announced it entered into a CO2 Transportation and Sequestration Agreement with Vault 44.01 to provide transportation, injection and sequestration into the Mt. Simon sandstone formation in Illinois of CO2 produced at Alto Ingredients’ Pekin campus.

Alto Ingredients, Inc. Enters CO2 Transportation and Sequestration Agreement with Vault 44.01

Related Stories

Equinor and Partners Approve Execution of UK’s First CCS Projects

Nuada and Carbfix Collaborate to Offer Complete CCS Solutions

Greensand to Become the First Full Scale CO2 Storage Facility in Europe

Hydron Energy Signs Commercial Collaboration Agreement with FortisBC

Capsol Awarded Feasibility Study by Global Energy Company to Decarbonize European Refinery

Upcoming Events

Carbon Capture & Storage Summit

Alto Ingredients, Inc. Enters CO2 Transportation and Sequestration Agreement with Vault 44.01.css-7jxktu{position:absolute;bottom:0px;left:0px;right:0px;height:3px;border-radius:3px;background-color:var(--chakra-colors-brandBlack);}