In the United States (US), Gevo Inc., a leading developer of hydrocarbon fuels and chemicals with net-zero greenhouse gas (GHG) emissions has announced the production and delivery of certified carbon dioxide removal credits, known as CORCs, under the high-integrity Puro.earth standard, to Biorecro North America LLC, marking a major milestone in the commercialization of durable carbon removal from its North Dakota operations.
The Biorecro delivery is the first fulfillment against the multi-year agreement announced in September 2025, which is expected to generate approximately US$26 million in revenues for Gevo over five years, with the option to expand the volumes in the future.
Gevo is the only producer of Carbon Dioxide Removal Certificates (CORCs) from carbon capture and sequestration (CCS) associated with ethanol production.
Our Class VI carbon-storage well, with 1 million tonnes per year of capacity, of which we are using about 165,000 tonnes per year, has shown outstanding performance since it started in June of 2022. Since then, the well has captured more than 550,000 tonnes of CO2. Puro.earth has certified the well as a thousand-plus-year permanence well, the only certification of this type for ethanol production in the world. CORCs are an up-and-coming product in a growth market and provide valuable co-product revenue for our operations, said Alex Clayton, Chief Business Development Officer at Gevo.
As demand for high-integrity carbon credits grows, Gevo is positioning itself as a market leader and is delivering high-value carbon abatement to global customers.
We want to maximize the value for the carbon that we remove or abate. By choosing and optimizing where we capture value from carbon, either selling the carbon as CORCs separately from ethanol, or by bundling the carbon as a credit to be sold with the ethanol into a low-carbon fuels market, we can maximize our returns, said Dr Paul D. Bloom, Chief Business Officer for Gevo.
