Cardinal Ethanol, Vault 44.01 form joint venture for CCS project
Summary
Cardinal will continue to provide high quality jobs and economic opportunity while working towards minimizing the amount of CO emitted into the earth’s atmosphere. “We are committed to enhancing shareholder value through employing the latest technology in the production of clean, low carbon intensity and environmentally friendly bioethanol. Partnering with Vault 44.01 on this CCS project is another step in Cardinal Ethanol’s commitment to further lower our carbon impact and protect our environment. “We are pleased to be working with the excellent team at Cardinal and are excited to have reached several important milestones in the development of this high quality, early-to-market CCS project. This project with Cardinal exemplifies our view that the lowest cost option for CCS is often to find a local solution, where that’s possible,” said Scott Rennie, CEO, Vault 44.01.