CRC has entered into a Carbon Dioxide Management Agreement (CDMA) between Carbon TerraVault Holdings, LLC (CTV) and Grannus, LLC (Grannus), an independent clean-tech company that is proposing to build a portfolio of clean ammonia and hydrogen production facilities to supply the agriculture, mobility and marine fuel markets, which would sequester 370,000 metric tons (MT) of CO2 per annum at CTV III from a new clean ammonia and hydrogen plant to be constructed in Northern California. Called the Grannus Ammonia and Hydrogen Project, the project aims to be California’s first clean ammonia and hydrogen facility producing 150,000 MT per annum of clean ammonia and 10,000 MT per annum of clean hydrogen.
For more information, read the full press release and presentation (PDF).