April 23, 2025
π¨ Big CDR Deal Alert! π¨ Climeworks <> Mitsui O.S.K. Lines (MOL)

π¨ Big CDR Deal Alert for 13,400 tonnes!Β π¨
π€ Mitsui O.S.K. Lines, Ltd. (MOL) has signed an offtake agreement to purchase 13,400 tonnes of CDR from Climeworks. The two organizations have also signed an MoU for potential investment in Climeworksβ future Direct Air Capture plants.
π As part of the agreement, the tonnes will be removed by 2030.
π¨ This MOL's second direct procurement outside of NextGen CDR
π MOL has contracted 45,400 tonnes of CDR this year.
π³ This is Climeworks' first such deal with a company from the shipping industry
πΎ This is also Climeworks' first durable CDR deal with a Japanese company.
β¬ MOL moves up to 18th on the CDR.fyi Purchasers Leaderboard.
π With nearly 370,000 tonnes sold, Climeworks stands 7th on CDR.fyi Suppliers Leaderboard.
π Click HERE to read the full announcement:
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