Standard Biocarbon Corporation Announces the arrival of state-of-the-art pyrolytic carbonizers to manufacture high grade biochar in Maine

PORTLAND, ME, December 20, 2022, Standard Biocarbon Corporation (SBC) announced the arrival in Portland of two pyrolysis machines to produce high quality “biochar'' from wood chips. Fred Horton, noted that it is particularly exciting to see this equipment being delivered direct to the port of Portland via Eimskip. “We will be able to watch the ship come in from our office windows and that is really special.” Biochar is used in agriculture, environmental remediation and storm water management with many other emerging uses. The machines, manufactured by Pyreg of Dorth Germany, will be unloaded at the Eimskip pier in Portland on December 20th. When in production next spring at the Pleasant River Lumber mill in Enfield they will produce about 100 tons/month or 10,000 cubic yards of biochar. Pyrolysis occurs when biomass is heated to high temperatures in the absence of oxygen, driving off volatile gasses leaving near pure carbon. High quality biochar, made with precision equipment from clean wood chips is over 85% carbon with minimal ash and no contaminants. With the Pyreg technology and consistent clean feedstock from Pleasant River Lumber, SBC will produce biochar equivalent to precision engineerable substrate carbon, suitable for high value uses in remediation and materials not just for agricultural usage which is more forgiving. Studies have shown biochar to be effective for remediation of PFAS “forever chemicals” and heavy metals in soil and water. Biochar is also used to remediate non point source pollution from agricultural runoff, trapping nutrients before they reach waterways and making them available for reuse. Biochar also has applications in urban storm water management improving resilience to extreme weather and promoting urban greening. In agriculture, biochar improves the storage capacity of nutrients and water, increasing resiliency and reducing the need for amendments. With the phase out of biosolids application to farmlands due to PFAS contamination, biochar addresses a critical need for more efficient nutrient management. Biochar, when used in bedding and manure ponds, traps nutrients then releases them gradually in the soil. Biochar is also recognized as an economical and scalable carbon dioxide removal (CDR) technology. Biochar does not degrade in nature, so carbon content is captured for thousands of years where biomass, whether burned or left to rot, soon releases nearly all of the carbon back to the atmosphere. When biochar is incorporated into a carbon “sink” (e.g., soil, building materials, asphalt), the CO2 is stored for centuries making biochar a “negative emission technology”. Standard Biocarbon will supply certified carbon removal capacity to emerging private carbon markets such as puro.earth and carbon-future.earth, which offer corporations and individuals the opportunity to “buy back” their emissions. Markets for both biochar and carbon removal have enormous potential for scale and the critical input, woody biomass, is in abundant supply in Maine. Standard Biocarbon Financing and Grant Awards Project funding for Standard Biocarbon's biochar production plant has been provided by Coastal Enterprises, Inc. (CEI), the Finance Authority of Maine (FAME), and Maine Technology Institute (MTI). The project is also supported by grants from the USDA, The Forest Service and MTI, as well as tax credits from FAME. Additional project funding was provided by a carbon credit streaming agreement and associated royalty agreement with Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q). About Standard Biocarbon Standard Biocarbon Corporation (SBC), headquartered in Portland Maine, is clean-tech startup producing biochar at industrial scale using state-of-the art technology, manufactured in Germany The Company’s mission is to lead the creation of a modern North American biochar industry as part of a global climate solution. Founded by Fred and Tom Horton, whose parents started importing Jotul wood stoves from Norway to Portland in 1972, SBC is again bringing transformative new technology to Maine. Situated adjacent to the Pleasant River Sawmill in Enfield Maine, the manufacturing facility will use low-grade wood which has experienced declining demand due to closures of biomass power plants and paper mills, helping sustain a complex local and regional forest products economy. Standard Biocarbon founder and CEO, Frederick Horton states, “We are excited to receive our pyrolysis equipment from Pyreg and are poised to complete the development of our biochar production facility in Enfield, Maine. Support from CEI, FAME, MTI, USDA, and the Pleasant River Lumber Company has been instrumental in bringing Standard Biocarbon’s high carbon, source verified biochar to the State. We believe this is a step forward to attract more negative emission technologies to Maine to support the global goal of carbon neutrality.”