Sustainability-Focused Industrial Partnerships

Rayonier Advanced Materials — also known as RYAM — and Verso Energy have signed a new Memorandum of Understanding to advance the feasibility of constructing a complex at the industrial materials company's existing facility in Georgia. The proposed project would integrate several components that are focused on enhancing the sustainability of industrial activities. The innovations will include a system to capture carbon dioxide from RYAM's biomass processing, a unit to produce hydrogen using renewable energy, and a synthesis plant that would combine these elements to manufacture electro-Sustainable Aviation Fuel (e-SAF). The signed Memorandum of Understanding is a non-binding agreement, which establishes a framework for a joint steering committee and a period of exclusive study, with a final decision on whether to proceed with the multi-billion dollar investment expected within the next two years.

Image Credit: