Skip to content
Business Company News

The Next 150 Launches General Biochar Systems With Its First Industrial-Scale Plant in Mexico

The Next 150 2 mins read

Pioneering High-Quality Carbon Dioxide Removal Credits and Waste Valorization across agricultural supply chains in Latam

GENÈVE, SWITZERLAND / ACCESSWIRE / June 6, 2023 / The Next 150, a Switzerland-based climate venture operator, launched General Biochar Systems (GBS), a fully integrated biochar company, generating high-quality Carbon Dioxide Removal credits (CDRs). The plant was inaugurated on May 31 in Irapuato, Guanajuato, and will start processing farmgate agricultural waste from corn, wheat and sorghum in July 2023.

The Next 150, Tuesday, June 6, 2023, Press release picture
General Biochar Systems Facility Inauguration
General Biochar Systems Facility with team members in front for the Inauguration at Guanajuato, Mexico

The Next 150 and their strategic partner, Kemexon, are investing up to $5 million in the development of carbon capture projects. The Guanajuato plant represents the first phase in their waste-valorization and climate-tech commitments in Mexico.

Biochar is produced using GBS's proprietary high-tech pyrolysis process where biomass undergoes high temperatures in a limited oxygen environment, mineralizing its carbon content. Deployment of biochar generates CDRs through long-term storage applications such as sustainable agriculture and construction. Registration and issuance of the credits is expected to take place on Puro.Earth, the world's leading carbon crediting platform for engineered carbon removal, owned by Nasdaq.

The Irapuato plant, established in coordination with the Secretary of the Environment (SMAOT), the Government of the State of Guanajuato and the Irrigation District 011, will benefit 23,000 farmers covering more than 110,000 cultivated hectares. The facility will process up to 20,000 tons of waste per year, converting them into 6,000 tons of biochar and byproducts such as bio-oil and hydrogen. Over the next 10 years, this project will lead to the capture of 150,000 tons of CO2 equivalent and will be the biggest biochar project in Mexico.

During the GBS Irapuato inauguration, Guanajuato State Secretary of the Environment, Maria Isabel Ortiz Mantilla, reiterated that "with companies like GBS, the region thrives on the purpose of migrating from manufacture to mindfacture, as innovation works for society and the environment equally."

GBS's path to scale focuses on aligning interests between stakeholders across the agricultural supply chain. This project sets a benchmark for what can be achieved through a coordinated effort between public agencies, civil societies, and the private sector in the maturing carbon removal industry.

In 2024, General Biochar Systems plans to open three more high-tech biochar plants, advancing carbon technology, generating additional jobs and increasing its social and environmental impact in Mexico and Latin America.

Contact Information

Rafael Gamboa
Director of Communications
rafael@thenext150.com
+52 55 3227 3531

Christian Shehadi
Marketing Director
christian@thenext150.com
+52 55 5414 9851

SOURCE: The Next 150

.


View source version on accesswire.com:
https://www.accesswire.com/759409/The-Next-150-Launches-General-Biochar-Systems-With-Its-First-Industrial-Scale-Plant-in-Mexico

More from this category

  • Business Company News
  • 01/11/2024
  • 13:25
Cbus

Cbus Super’s Linda Cunningham awarded Industry Thought Leader of the Year

Cbus Super’s Head of Debt and Alternatives, Linda Cunningham, has been named Industry Thought Leader of the Year at the Super Review Super Fund of the Year awards. The award acknowledges the pioneering work led by Linda finding scalable ways for institutional investors to support the delivery of new social and affordable housing. The awards recognise the best super funds and professionals in the super sector in Australia. Cbus Super was also nominated for Sustainable Fund of the Year and MyChoice Super of the Year. Linda was recognised for creating distinctive debt structures that will result in continuing institutional support…

  • Business Company News
  • 01/11/2024
  • 10:10
CareSuper

Merger success. CareSuper, the newly merged $53 billion mid-sized fund poised to pursue retirement confidence.

Today,two award-winning profit-to-member superannuation funds, CareSuper and SpiritSuper, have merged to create a new fund – CareSuper - with over 550,000 members and$53 billion in assets under management. As previously announced, former Spirit Super CEO Jason Murray is the new CEO ofCareSuper. Linda Scott, who’s been Chair of CareSuper since April 2022, has beenappointed Chair of the merged entity.Jason Murray said: “Our vision is to be Australia’s most trusted partner in retirement confidence throughexceptional care and connection.” “And today marks an important forward step towards that vision for the 550,000 memberswe’re privileged to serve. While the executives and staff at…

  • Business Company News
  • 01/11/2024
  • 09:56
CareSuper

Merger success. CareSuper, the newly merged $53 billion mid-sized fund poised to pursue retirement confidence.

Today,two award-winning profit-to-member superannuation funds, CareSuper and SpiritSuper, have merged to create a new fund – CareSuper - with over 550,000 members and$53 billion in assets under management. As previously announced, former Spirit Super CEO Jason Murray is the new CEO ofCareSuper. Linda Scott, who’s been Chair of CareSuper since April 2022, has beenappointed Chair of the merged entity. Jason Murray said: “Our vision is to be Australia’s most trusted partner in retirement confidence throughexceptional care and connection.” “And today marks an important forward step towards that vision for the 550,000 memberswe’re privileged to serve. While the executives and staff…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.