Graphyte Announces 60,000 Ton Carbon Removal Agreement with JPMorganChase

Deliveries aim to create economic opportunities in parts of rural America and reduce wildfire risks in the Western U.S.

Pine Bluff, Arkansas — April 9, 2026 — Graphyte, a leader in permanent carbon removal, today announced an agreement with JPMorganChase for the purchase of 60,000 tonnes of durable carbon dioxide removal (CDR) credits over a ten-year period. This transaction builds on growing demand from global institutions for high-quality, scalable carbon removal through Graphyte’s proprietary Carbon Casting technology that uses engineered storage to permanently sequester compressed biomass.

Graphyte will deliver the CDR credits for JPMorganChase from both its existing Project Loblolly in Arkansas—which issued 15,000 CDR credits to existing customers in 2025—as well as from a new Graphyte project, Project Ponderosa, under development in the Western United States.

In Pine Bluff, Arkansas, Project Loblolly leverages abundant agricultural and timber residues from local farmers and mill operators, creating vital economic opportunities in rural America while delivering permanent carbon removal to support corporate sustainability efforts. Project Lobolly is already delivering local impact, creating 30 full-time jobs, generating new value for farmers by paying for the biomass residuals from the rice mill process, and preparing to convert a former gravel mine into a park for the local community.

Once operational in Flagstaff, Arizona, Project Ponderosa will utilize residual biomass from forest thinnings to create durable CDR credits, establishing a commercial market while delivering an affordable, scalable CDR solution. It will also restore a former mine as a wildlife habitat, create new jobs for the community, and reduce wildfire risk in the area.

“Given its track record of 100% on-time credit deliveries, Graphyte can help organizations incorporate high-quality carbon removal into their strategy for addressing operational emissions,” said Barclay Rogers, CEO of Graphyte. “This agreement demonstrates the growing confidence and momentum behind CDR solutions that are not only scientifically robust, but also immediately deployable and economically viable.”

“We are focused on supporting the development of high-quality, durable carbon removal solutions that can both scale over time and have potential benefits beyond carbon removal,” said Taylor Wright, Head of Operational Sustainability for JPMorganChase. “Graphyte’s approach of sequestering residual carbon-rich biomass represents an innovative pathway to address emissions while generating economic opportunities for communities.”

Graphyte’s multi-impact model—removing CO2 from the atmosphere, making use of residual biomass to the benefit of farmers and foresters, reducing the risk of wildfires, creating economic opportunities in the communities where it operates, and restoring the land used for underground storage back for community use—highlights Graphyte’s ability to align climate mitigation with land management, job creation, and ecosystem resilience.