Standard Biocarbon (SBC) announced today that it secured $2 million in financing from three Maine-based institutions to purchase equipment for producing high quality biochar at the former site of the Great Northern Paper mill in East Millinocket. Biochar is a near pure form of carbon that is made by processing biomass at high temperatures with very little oxygen. SBC will supply biochar for use in agriculture, environmental remediation, and emerging applications in composite building materials and asphalt. Studies have shown biochar to be effective for remediation of PFAS “forever chemicals” and heavy metals. Biochar is also a recognized pathway for atmospheric carbon removal.