JPMorganChase commits to 60,000-metric-ton CO2 removal agreement with Graphyte

I.C. Murrell, The Pine Bluff Commercial

JPMorganChase has agreed to purchase 60,000 metric tons, or about 66,139 U.S. tons, of durable carbon dioxide removal credits from Graphyte, the Pine Bluff-based carbon-removal company announced.

According to a Thursday news release, the transaction “builds on growing demand from global institutions for high-quality, scalable carbon removal through Graphyte’s proprietary Carbon Casting technology.” The news comes just days after Graphyte, which operates a casting plant at Jefferson Industrial Park and storage site between Pine Bluff and Sheridan, was ranked among “America’s Top GreenTech Companies of 2026” by Time magazine.

A company such as JPMorganChase uses a carbon dioxide removal credit to neutralize the amount of greenhouse gases generated in normal business.

“Whenever an executive flies on a jet, greenhouse gases are generated on the business side,” Graphyte CEO Barclay Rogers said in explaining how the credit works. “They cannot eliminate that, but to achieve the business’s climate goals, they buy a credit from Graphyte. We help them reach their green sustainability goals by offsetting emissions.”

Graphyte will deliver the CDR credits from its Pine Bluff plant, nicknamed Project Loblolly, and a plant in Flagstaff, Ariz., known as Project Ponderosa, which is scheduled to open in 2027, Rogers said. Project Loblolly issued 15,000 credits to existing customers in 2025.

Read more in The Pine Bluff Commercial.