Carbon Direct and C2X have announced a new collaboration to advance the Beaver Lake Biofuels project in Pineville. Beaver Lake is repurposing the former International Paper mill site, which has been largely vacant since its closure in 2009.
The project utilizes locally abundant forestry by-products and residues, minimizing transportation emissions and costs, with sufficient land and supporting infrastructure in place for future expansion. During construction, the project is expected to support approximately 1,150 construction jobs, and once operational support 660 direct and indirect jobs.
This process will transform forestry residues and by-products into both clean fuel and high-quality carbon dioxide removal (CDR) credits. The project is expected to reach final investment decision (FID) in 2026, positioning it for delivery in 2029. Read the announcement.
