Core Viewpoint - Weyerhaeuser Company and Aymium have entered a memorandum of understanding to produce and sell 1.5 million tons of sustainable biocarbon annually for metals production, establishing a joint venture named TerraForge Biocarbon Solutions [1][2]. Company Overview - Weyerhaeuser sustainably manages over 10 million acres of timberlands in the U.S. and operates 33 manufacturing facilities across North America, providing reliable access to fiber [4][8]. - Aymium is a leader in biocarbon technology with over 600 patents and multiple production facilities in North America, producing carbon-negative products for various applications [6]. Partnership Details - The partnership aims to secure long-term biocarbon sales agreements and identify sites for new production facilities over the next five years, leveraging Weyerhaeuser's timberland and manufacturing capabilities alongside Aymium's technology [2]. - At full scale, the partnership could convert over 7 million tons of wood fiber into 1.5 million tons of metallurgical-grade biocarbon annually, serving as a drop-in replacement for coal in metals production [2]. Environmental Impact - Aymium's patented products are designed to replace coal and coke without requiring capital investment or process modification, offering superior carbon levels and environmental attributes [3][6]. - The partnership is part of Weyerhaeuser's broader growth strategy through 2030, contributing to the company's Climate Solutions business and creating new demand for fiber in the region [5].
Weyerhaeuser and Aymium Enter Agreement to Rapidly Scale Biocarbon Market