Graphyte has signed a long-term agreement with JPMorganChase to supply 60,000 tons of durable carbon dioxide removal (CDR) credits over the next decade, underscoring continued momentum for high-integrity carbon removal solutions. The deal reflects increasing demand from large institutions seeking scalable approaches to address residual emissions.
The credits will be generated using Graphyte’s Carbon Casting process, which converts biomass into a stable form for permanent underground storage. By compressing and sequestering carbon-rich organic material, the method aims to deliver long-duration removal while utilising waste streams from agriculture and forestry.
Initial deliveries will be sourced from Project Loblolly in Arkansas, alongside a second facility, Project Ponderosa, currently under development in the western United States. Project Loblolly has already begun issuing credits, marking early commercial traction for the company’s approach.
Linking carbon removal with local economies
Beyond emissions reduction, the projects are designed to generate regional economic and environmental benefits. In Arkansas, Project Loblolly relies on agricultural and timber residues, creating new revenue streams for farmers and supporting local employment.
The site is also linked to land restoration plans, including the redevelopment of a former industrial area for community use.
The planned Project Ponderosa in Arizona will focus on forest biomass sourced from thinning operations, contributing to wildfire risk reduction while producing CDR credits. In addition to supporting forest management, the project is expected to create jobs and repurpose previously disturbed land into a wildlife habitat.
Company leadership pointed to the agreement as evidence of growing confidence in carbon removal technologies that can be deployed at scale today. The ability to deliver credits reliably has become a key factor for buyers navigating the evolving CDR market.
For JPMorganChase, the transaction aligns with a broader strategy to support solutions that combine emissions reduction with wider co-benefits. Approaches that integrate carbon removal with land management, rural development, and ecosystem restoration are increasingly seen as critical to scaling climate action.
By pairing engineered storage with biomass utilisation, Graphyte’s model highlights how carbon removal projects can extend beyond climate mitigation to deliver tangible local impacts.
Read more: Exclusive: Graphyte Wins Frontier Deal, Plans 3X Capacity Expansion In Arkansas
