Latest News

Apr 9, 2026

Vault 44.01 to Construct First CCS Project in Indiana with EPA Class VI Permit Approval

DENVER, April 9, 2026 /PRNewswire/ -- Vault 44.01 Ltd. ("Vault"), a market leader in the development of carbon capture and sequestration (CCS) projects, today announced that the U.S. Environmental Protection Agency (EPA) Region 5 has issued a final Underground Injection Control (UIC) Class VI permit for the One Carbon Partnership CCS project near Union City, Indiana (the "OCP Project"). One Carbon Partnership is a joint venture between Cardinal Ethanol and Vault. The OCP Project represents a capital investment of more than $60 million in Randolph County, Indiana, supporting more than 30 local jobs during construction. It will also bolster the local agricultural economy by providing corn growers with access to the growing low-carbon ethanol market. Once operational, the OCP Project will capture and permanently store up to 450,000 metric tons of CO2 annually, with sufficient pore space to safely inject approximately 13.5 million metric tons over 30 years.

Jul 21, 2025

Indiana Emerges as Midwest Hub for Carbon Capture and Storage Development

(P&GJ) — “Owing to the supply of CO2 from industrial sources, combined with the presence of multiple reservoirs and caprocks that meet the geological conditions required for injection and storage, Indiana has high potential as a candidate for CCS [carbon capture and storage] projects.”

Nov 6, 2024

Alto Ingredients, Inc. Enters CO2 Transportation and Sequestration Agreement with Vault 44.01

Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, announced it entered into a CO2 Transportation and Sequestration Agreement (TSA) with Vault 44.01 to provide transportation, injection and sequestration into the Mt. Simon sandstone formation in Illinois of CO2 produced at Alto Ingredients’ Pekin campus.“Continually striving to increase opportunities, improve profitability and lower carbon emissions, we partnered with Vault for the safe transportation and storage of CO2 from our Pekin campus,” said Bryon McGregor, President and Chief Executive Officer of Alto Ingredients, Inc.

Mar 11, 2024

Alto Ingredients, Inc. Enters Letter of Intent with Vault to Advance Carbon Capture and Storage Initiative

PEKIN, Ill., March 11, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alcohols in the U.S., announced today that it has entered into an exclusive nonbinding letter of intent and is nearing the execution of definitive agreements to develop a carbon capture and storage (CCS) project with Vault 44.01 (Vault) at Alto’s Pekin campus in Pekin, IL.

Jun 1, 2023

CCS Movement Ahead

The ethanol world has shifted to revolve around low-carbon fuels where carbon capture and sequestration (CCS) will likely become a prerequisite, says Walt Wendland, CEO of Ringneck Energy, Onida, South Dakota. “You’ll either sequester or your company has to find alternatives so you can compete with companies that can sequester.”

Mar 8, 2023

A Team Built For Near-Site CCS

Vault 44.01 is a company named for the industry it serves—more specifically, the greenhouse gas molecule it seeks to capture and lock away. 44.01 represents the molecular mass of carbon dioxide, and it may soon be a number, or at least a name, that’s well known across all carbon-emitting industries. Vault may not be unique in its mission to capture and sequester industrial carbon, but the lane it has chosen is. The company isn’t focused on pipelines or multi-plant CO2 aggregation, but near-site CCS.

Jan 30, 2023

Cardinal Ethanol and Vault 44.01 Form Joint Venture to Implement a Carbon Capture and Sequestration Project in Indiana

Cardinal Ethanol, LLC (Cardinal) and Vault 44.01 Ltd. (Vault) announced today that, through their affiliate companies, they have formed a joint venture to design, implement, and operate a carbon dioxide (CO2) capture and sequestration (CCS) project at Cardinal’s ethanol production facility near Union City, Indiana. The joint venture is structured with each party controlling an equal interest in a newly formed limited partnership named One Carbon Partnership, LP.

Jan 12, 2023

4th developer seeks to capture, store carbon from ethanol plants in US Midwest

A developer and an ethanol plant are seeking regulatory approval to store carbon dioxide underground in Randolph County, Ind., adding to the growing roster of carbon capture and storage projects in the U.S. Midwest.The two companies, under the name One Carbon Partnership LP, asked the U.S. Environmental Protection Agency to issue a permit to drill a Class VI well used to inject CO2 into the ground.

Jun 14, 2022

Grey Rock forays into carbon capture and sequestration with Vault 44.01

Grey Rock Investment Partners, a Dallas based private equity firm investing in the so-called energy value chain (such as industrial electrification, power optimization and natural resources) recently invested $150 million in Vault 44.01, a US and Canada-based company working on Carbon Capture and Sequestration (CCS). PE Hub caught up with Matt Miller, Grey Rock cofounder and managing director, to learn more about the firm’s appetite for decarbonizing the planet.

Jun 6, 2022

Grey Rock Forms Partnership With Vault to Grow Their Carbon Capture and Sequestration Platform

Grey Rock Investment Partners (“Grey Rock”), through its affiliated investment vehicles, today announced an agreement to make a controlling investment in Vault CCS Holdings, LP (“Vault 44.01” or “Vault”) and fund additional growth of the company through a capital commitment of up to USD$150 million.