Engineering:Charm Industrial
Charm Industrial is a carbon dioxide removal company that uses hydrolosis of crop residues to create biooil that can be pumped into geological storage for long-term carbon biomass carbon removal and storage.[1] Charm is one of the companies that received an advanced market commitment from Frontier Climate.[2]
In 2023, they received a US$54 million advanced market commitment from Frontier to sequester 112,000 tons of carbon dioxide.[1] It also received 100 million dollars in Series B funding.[2] In January 2025, it also received adding contracts from Google, the largest carbon removal contract ever purchased.[3][4]
The company primarily use crop waste such as corn stover as its source for pyrolysis.[2] Once the biooil is produced, the oil is injected into wells that have geological storage. Charm is exploring use of the biooil for other purposes, such as iron refining.[5]
The company is notable for hiring oil and gas field workers for carbon sequestration.[6]
References
- ↑ 1.0 1.1 Boudreau, Catherine. "Charm Industrial is getting $53 million to turn agricultural waste into oil that can lock away carbon dioxide for 1 million years" (in en-US). https://www.businessinsider.com/carbon-removal-startup-charm-industrial-53-million-frontier-2023-5.
- ↑ 2.0 2.1 2.2 "Inside Charm Industrial's multimillion-dollar bid to remove CO2 with…" (in en). 2023-06-19. https://www.canarymedia.com/articles/carbon-capture/inside-charm-industrials-multimillion-dollar-bid-to-remove-co2-with-plants.
- ↑ Geman, Ben (2025-01-16). "Google partners with Charm Industrial to cut 100,000 tons of carbon" (in en). https://www.axios.com/2025/01/16/google-carbon-removal-charm-industrial-biochar.
- ↑ Segal, Mark (2025-01-16). "Google Signs Largest-Ever Biochar Carbon Removal Purchase Deals" (in en-US). https://www.esgtoday.com/google-signs-largest-ever-biochar-carbon-removal-purchase-deals/.
- ↑ "Bio-Oil and American-Made Steel: How Charm Will Decarbonize Ironmaking" (in en). https://charmindustrial.com/blog/bio-oil-and-american-made-steel-how-charm-will-decarbonize-ironmaking.
- ↑ "Meet the Women Helping Advance Climate Technology | JPMorganChase" (in en). https://www.jpmorganchase.com/newsroom/stories/charm-industrial.
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