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$5M investment to help Penobscot County firm produce sustainable 'biochar'

$5M investment to help Penobscot County firm produce sustainable 'biochar'
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Nexus Development Capital Adds Carbon Removal to Growing Portfolio with a $5M Investment in Maine-based Standard Biocarbon

Nexus Development Capital Adds Carbon Removal to Growing Portfolio with a $5M Investment in Maine-based Standard Biocarbon
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Nexus Development Capital Invests $5 million in Maine-based Standard Biocarbon

The company will commence production of its high-quality biochar in Q1 2024 and is estimated to produce 16,000 cubic yards of biochar and capture 3,000 tons of carbon a year. ....

United States , Fred Horton , Tom Horton , Joshua Kaufman , Nexus Development Capital , International Biochar Institute , Standard Biocarbon Corp , Standard Biocarbon , Nexus Development , Development Capital , Biocarbon Corp ,

Biochar: Startups use thermal process to transform waste wood into a versatile product

Biochar: Startups use thermal process to transform waste wood into a versatile product
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Piscataquis County , United States , Penobscot County , Town Of Greenville , Pleasant River , University Of Maine , Ralf Deckarm , Shane Oneill , Mike Roy , Bryan Osgood , Patrick Jones , Mike Bouchee , Jason Brochu , Fred Horton , Frederick Horton , Coastal Enterprises Inc , Maine Technology Institute , Carbon Streaming Corp , Courtesy Standard Biocarbon Corp , Us Department Of Agriculture , Biomass Energy Techniques , Gardeners Association , University Of Maine School Forest Resources , Standard Biocarbon Corp , Authority Of Maine , Skowhegan Savings Bank ,

From Germany to Maine, plans advance for Enfield biochar plant

Standard Biocarbon's vision is to be the largest biochar producer in North America. The substance can remediate pollution from agricultural runoff, PFAs and heavy metals. Biochar does not degrade in nature, so carbon content is captured for thousands of years. ....

United States , Pleasant River , Portland Fish Pier , East Millinocket , Portland Harbor , Tom Horton , Frederick Horton , Fred Horton , Jason Brochu , Coastal Enterprises Inc , Us Department Of Agriculture , Carbon Streaming Corp , Authority Of Maine , Maine Technology Institute , Courtesy Standard Biocarbon Corp , Standard Biocarbon Corp , Us Forest Service , Standard Biocarbon , Fish Pier , Pleasant River Lumber , Finance Authority , Toronto Based Carbon Streaming , North American , Pleasant River Sawmill , Great Northern Paper , Pleasant River Mill ,