Svante and Integrated Packaging Company Advance U.S. Biogenic CDR Project to Feasibility
The bioenergy with carbon capture (BECCS) project aims to remove more than 500,000 tonnes per year of biogenic CO2 emissions from a U.S. paper mill¡¯s recovery boiler
Svante Development Inc. is co-investing to advance the project
The project will generate high-quality carbon dioxide removal (CDR) credits to market to Voluntary Carbon Market (VCM) buyers.
VANCOUVER, British Columbia--(Business Wire/Korea
2026-03-12 20:12:46
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Svante Technologies Inc. (¡°Svante¡±) announced today that its bioenergy with carbon capture and storage (BECCS) project at a paper mill in the Southeast U.S. has progressed to the feasibility study phase. The project is being developed in partnership with an integrated sustainable packaging company, following an extensive screening and pre-feasibility study conducted across several of the partner¡¯s mills.
During the feasibility study phase, the companies will complete further engineering and design activities, cost and schedule estimates, and risk assessments required to evaluate commercial viability ahead of a future engineering study leading to final investment decision (FID). Svante¡¯s subsidiary, Svante Development Inc. (https://www.svanteinc.com/development-company/?utm_source=press-release&utm_medium=link-devco-press-release-fel2-jan&utm_campaign=fel-2-announcement-january&utm_id=fel-2-announcement), is co-investing in this phase with the mill owner.
Additional project design elements and considerations include:
¡¤Waste heat and water recovery to reduce additional energy and water demand. ¡¤Permanent, safe geologic CO2 storage targeted within the U.S. Gulf Coast region, which has established Class VI permitting frameworks and suitable subsurface formations. ¡¤Environmentally responsible CO2 capture materials have zero secondary chemical emissions and are designed to be recyclable.
This project is one of several ongoing efforts by Svante in the pulp and paper sector to develop BECCS projects as a pathway for large