The_Gman
5 days ago
BluSky Carbon Commences Biochar Production in Arkansas
October 29, 2024
https://investorshub.advfn.com/secure/post_new.aspx?board_id=43717
OLD SAYBROOK, CT/VANCOUVER, BC / October 29, 2024 / BluSky Carbon Inc. (CSE: BSKY) (OTCQB: BSKCF) (FWB: QE4 /WKN A401NM) (“BluSky” or the “Company”), an innovative entry into the carbon removal clean technology sector is very pleased to announce that it has commenced production of biochar at a dedicated facility in Arkansas. The event marks the official startup of initial biochar production aimed at servicing the recently announced $105 million, ten-year supply agreement (see Company news release dated Sept 24, 2024) (“Supply Agreement”).
A video showing the equipment start-up and providing some insights into the facility, the region, and BluSky’s strategic plan is available on the corporate website: click here. https://bluskycarbon.com/video-blusky-carbon-biochar-production-in-arkansas/
The startup of the Vulcan Heavy system at this location represents the first of three units required to service the totality of the Supply Agreement. Once the other two units are procured and fully operational (see news release dated September 24, 2024), these machines are expected to produce a combined output of approximately 40,000 tons of biochar annually. It is also expected that production byproducts such as bio-oil and syngas may help reduce the Company’s overall production costs by providing some of the energy required to power the Vulcan systems, potentially along with surplus power capacity to contribute towards operating BluSky’s related carbon removal technologies (CDR) including its Medusa Carbon mineralization process and Kronos Direct Air Carbon Capture technology.
The inaugural production plant has been dedicated as “AR1“ and is located at 110 Industrial Park Drive in Warren, Arkansas. The facility consists of a multi-room 50,000 sq/ft enclosure located on an 8.54-acre property. Warren services an established sustainable timber industry with a strong presence in the town and surrounding area. Nearby softwood wood chip production (mostly yellow pine) serves as a nearly limitless source of clean biomass feedstock for the BluSky Vulcan Heavy pyrolysis systems.
BluSky CEO Will Hessert comments, “The facility is ideally suited for scalability. We have ample room for the three Vulcan Heavy units as required to service our initial regional contract, with additional room to double that production without the need to create more space. The property itself is large and well suited to handle industrial scale logistics and storage needs.”
Managing logistics was an important factor in determining the suitability of the AR1 location. Large scale access to clean biomass combined with ready access to agricultural end-users enhances the overall efficiency of the operation by limiting transportation costs for both feedstock and offtake.
From a human resource perspective, BluSky is delighted that the Warren area boasts an excellent, skilled and motivated talent pool to draw from and looks forward to working closely with the community.
CEO Will Hessert concludes, “We are very excited to get this project underway. Gigatonne-scale carbon removal cannot happen without industrial-scale carbon removal projects. The Warren AR1 operation showcases our ability to rapidly deploy large-scale CDR facilities. Additionally, we intend to grow the project by showcasing the potential opportunities which we believe will attract local, regional and even global interest. Beyond the immediate goals, we intend to use AR1 as a research facility to test novel technologies we hope to unveil in the months ahead. Its extremely gratifying to build a project that moves our business forward while helping address a global issue. We are proud of what we are doing here today and look forward to building a successful venture on the back of this launch today.”
The_Gman
1 week ago
BluSky Carbon Signs Master Services Agreement with Scotia BioChar
Agreement paves the way for deployment of Biochar Pyrolysis Equipment in Eastern Canada
https://www.accesswire.com/935488/blusky-carbon-signs-master-services-agreement-with-scotia-biochar
OLD SAYBROOK, CT/VANCOUVER, BC / October 25, 2024 / BluSky Carbon Inc. (CSE: BSKY) (OTCQB: BSKCF) (FWB: QE4 /WKN A401NM) (“BluSky” or the “Company”), an innovative entry into the carbon removal clean technology sector is pleased to announce it has entered into a master services agreement (the "Agreement") with Scotia BioChar Inc. ("Scotia") pursuant to which Scotia may, from time to time, issue statements of work (“SOW”) for provision by the Company of manufacturing equipment and/or professional consulting services relating to the production of biochar.
Scotia BioChar is headquartered in Bedford, Nova Scotia, Canada and aims to become a producer of high-quality biochar from waste wood biomass found in central Nova Scotia. Several regional biomass sources are available, including the approximately 20 million tonnes of trees blown down during Hurricane Fiona (2022).
The Agreement has an initial term of one (1) year, during which Scotia shall have the ability to issue SOWs, with each SOW indicating the type of work/service sought by Scotia from the Company, and the anticipated remuneration for the same. Under the terms of the Agreement, Scotia is obligated to deal exclusively with the Company with respect to the provision of equipment and services as contemplated by the Agreement, and the Company shall have the ability to accept or object to any particular SOW.
By utilizing the pyrolysis technology and services to be provided by BluSky under the Agreement, Scotia intends to generate biochar for use in applications such as: mine reclamation, chemically contaminated site remediation; agriculture crops and livestock; asphalt and concrete; as well as wastewater and water treatment.
Scotia is led by Liz MacKenzie (Co-Founder and President), who has successfully advanced projects from concept through comprehensive business and financial models. Additionally, Ms. MacKenzie has secured funding from both government and private sector sources. To date, she has committed up to $3.6M of capital financing for Scotia’s various projects. She has served as the VP Business Development for Grand River Ironsands, Inc, and as a Board Member of the Halifax Regional Municipality.
Co-Founder, Vice President and a Director of Scotia BioChar Inc., Mr. Francis MacKenzie, is an experienced entrepreneur and serves as President of several industrial projects that collectively represent approximately $50 million (CAD) invested to-date, including Pure Fonte Ltée, a private company focussed on low carbon production of cast iron, a key raw material required by electric arc furnace (EAF) steel mills in North America, and Labrador Sands Inc., focused on its confirmed feldspar grade, separation process and business model to strengthen concrete and reduce its carbon footprint.
Liz MacKenzie, President of Scotia BioChar Inc. states, “I am delighted to have the opportunity to work with the BluSky team as we advance towards industrial scale biochar production in Eastern Canada. The opportunity is significant and a win-win for regional industries and the environment. The BluSky technology is a great fit and we can’t wait to get a Vulcan system deployed in Novas Scotia.”
BluSky CEO Mr. Will Hessert states, “The Scotia Biochar team has been diligently working towards deploying a biochar production facility in Nova Scotia. On that journey, they’ve become incredibly knowledgeable about biochar production technologies, byproducts, and more. We are honored that they have given their faith in BluSky, both in our technology and our expertise. Exciting times and a great opportunity for Nova Scotia”.