en.Wedoany.com Reported - U.S.-based carbon removal company Graphyte has entered into a long-term agreement with JPMorgan Chase to supply 60,000 tons of durable carbon dioxide removal (CDR) credits over the next decade. This agreement covers Graphyte's carbon removal processes, credit delivery, and project supply arrangements, and also reflects the ongoing demand from institutional buyers for scalable carbon removal.

These CDR credits will be generated through Graphyte's "Carbon Casting" process. This process compresses biomass and seals it into a stable form for permanent underground storage, with raw materials primarily sourced from agricultural and forestry waste. Building on this carbon removal pathway, Graphyte's project arrangements have extended to specific delivery stages.

The initial deliveries will come from the Loblolly project in Arkansas and the second facility currently under development in the western U.S., the Ponderosa project. The Loblolly project has already begun issuing credits, indicating that Graphyte's carbon removal credits have entered the actual delivery phase; the Ponderosa project, on the other hand, plans to process forest biomass from thinning operations, generating CDR credits while simultaneously reducing wildfire risks.

In addition to carbon removal, both projects incorporate localized application scenarios. The Loblolly project in Arkansas, relying on agricultural and timber residues, provides farmers with new income sources and supports local employment; the project site is also linked to a land restoration plan, including the conversion of a former industrial site into a community-use space. The Ponderosa project in Arizona is also expected to transform disturbed land into wildlife habitat.

Graphyte stated that this agreement demonstrates that buyers place greater value on carbon removal credits that can be delivered stably. For JPMorgan Chase, this transaction aligns with its support for solutions that combine emissions reduction with land management, rural development, and ecological restoration. As the Loblolly project continues to issue carbon removal credits and the Ponderosa project advances its construction, Graphyte's carbon removal business will gradually fulfill its commitments under this long-term agreement.

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