Latest news with #Eion


Business Wire
21-04-2025
- Business
- Business Wire
Perdue AgriBusiness and Eion Ink First-Of-Its-Kind Carbon Removal Deal
BUSINESS WIRE)-- Eion, a company turning the proven science of enhanced rock weathering (ERW) into a scalable climate solution, today announced a carbon insetting agreement with Perdue AgriBusiness, a subsidiary of Perdue Farms. Through this deal, Perdue grain farmers will remove approximately 3,500 tons of CO 2 by applying olivine—a naturally abundant mineral it has optimized to weather quickly on farmland across the Mid-Atlantic. Notably, this is the first instance in which a company is deploying an enhanced rock weathering solution within its own supply chain to remove CO 2. By accelerating the Earth's process of naturally mineralizing rocks to balance atmospheric carbon levels, Eion compresses what would otherwise take thousands of years into a timeline of several years. Olivine, which has been approved for agricultural use for decades, improves soil health at a lower cost to farmers than the agricultural lime they typically use. Olivine is ideal for ERW because it absorbs a high rate of carbon, and its composition includes various trace elements that enable Eion to measure CO 2 removal. 'We're excited to work with Perdue AgriBusiness to further our shared goals: advancing sustainable agriculture, providing tangible benefits to farmers, and making a meaningful dent in our climate debt,' said Anastasia Pavlovic, CEO of Eion. 'The carbon market is evolving and Eion is evolving with it. We see a massive opportunity for ERW to easily incorporate within the agricultural supply chain for the long haul and, to that end, are focused on expanding our portfolio of insetting agreements.' The integration of Eion's approach to ERW within Perdue AgriBusiness' production supply chain demonstrates the rapid diversification of the voluntary carbon market. To date, carbon credit purchases have largely been driven by offtakers, or companies compensating for their emissions by investing in carbon reduction projects outside their operations. Insetting projects align climate action with core supply chain activities, helping Perdue AgriBusiness reduce its environmental impact. With approximately 800 million acres of farmland in the U.S. alone, agricultural insetting projects can catalyze the ERW sector toward annual gigaton CO 2 removal. Founded over 105 years ago by Arthur and Pearl Perdue in Delmarva, Perdue has consistently prioritized quality—from consumer products to animal welfare. In 2021, Perdue AgriBusiness launched the Perdue Sustainability Program to enhance soil health, conserve water, and build resilient farming ecosystems in the Chesapeake Bay region, all while supplying sustainably grown products. The company views enhanced rock weathering as a key regenerative practice that sequesters carbon and strengthens soils, and emphasizes aligning these practices with B2B partners to drive the market for sustainable products. Interest is growing among buyers of Perdue's soybean oil and chicken who value regenerative practices and climate impact, and through a partnership with Eion, Perdue is reducing its footprint and supporting stronger farming communities. 'At Perdue AgriBusiness, we're always looking for innovative, science-backed solutions that support our farmers and reduce our environmental impact,' said Perry Aulie, President at Perdue AgriBusiness. 'Partnering with Eion allows us to integrate carbon removal directly into our supply chain—enhancing soil health, supporting our growers, and advancing our commitment to a more sustainable future.' About Eion Eion is a carbon removal company scaling enhanced rock weathering (ERW) on agricultural land. Holding an industry-first patent for measuring carbon removal in soils, Eion combines scientific rigor with farming expertise to integrate seamlessly into routine agriculture. Using olivine to absorb CO₂ while improving soil health, Eion ensures verifiable, permanent carbon removal. Backed by AgFunder, Growmark, and Ridgeline, and scientifically vetted by Stripe Climate, Eion aims to remove 10 million tons of CO₂ annually by 2030. Learn more at and follow us on LinkedIn. About Perdue AgriBusiness Perdue AgriBusiness is an independent operating company of Perdue Farms Inc. Ranked among the largest grain companies in the U.S., Perdue AgriBusiness is a leading merchandiser, processor, and exporter of agricultural products. Through Perdue AgriBusiness' 75 elevator locations with more than 75 million bushels of storage, deep-water port, transload facilities, oilseed crushing operations, edible oil refinery, and protein blend mills, the company serves markets across the United States and around the world. Visit for more information.


BBC News
08-04-2025
- Entertainment
- BBC News
River Tweed salmon festival aims to encourage young anglers
The first Tweed Salmon Festival brought hundreds of people to Kelso at the weekend to learn the art of fly-fishing. Organised by the River Tweed ghillies and boatmen to address the ageing profile of anglers, it proved a success with the target audience of children and were also demonstrations given by experts Tommy Aarkvisla and Katka Svagrova who had travelled from Norway and the Czech Republic Eion Mr Fairgrieve said: "It has been quite a weekend – way above what we expected to be honest." The event also impressed Mr Aarkvisla, and brought back memories of how he started out."This is super cool to see the joy from the children catching fish with their parents and learning at a young age to put them back," he said."With the computer stuff and gaming, phones and all that, you don't see children outdoors doing things with their parents so much anymore, in Norway anyway."So, just from that point of view this festival is a success in my eyes in bringing families together and letting parents learn with their children." Among those taking part were brothers Atticus and Aldous Hay who came to the event with their grandparents"Today is our second time ever going fishing in our life and me and my brother have both caught two fish," said Atticus."The last time on the boat we got one bite but it got away. But this is amazing."Aldous added: "You're just waiting for something to happen, and then when it does, and you catch it, it feels good."The festival is really cool because people show you what to do. I want to do more fishing now, definitely."It's nice to just get out and have fresh air even if you don't catch anything."


Axios
25-03-2025
- Business
- Axios
CO2 removal gets a farm-friendly boost with enhanced rock weathering deal
The CO2 removal startup Eion just landed $33 million of purchase agreements brokered via Frontier, the group of corporate giants trying to jumpstart the young industry. The big picture: It's among the startups pursuing "enhanced rock weathering" — that is, using minerals in ways that speed up their natural CO2 absorption. Eion uses a mineral called olivine to replace lime in farm fields to manage soil pH balance. Why it matters: Frontier is jazzed about Eion's tech in part because it integrates into a giant, incumbent industry. Eion's olivine is much cheaper than lime for farmers because capital from corporate removal buyers allows a lower sales cost. "One thing that's really awesome about Eion's approach is that they're working with large farmer networks and have deep partnerships in the agricultural industry that is helping with distribution," Hannah Bebbington, Frontier's head of deployment, said in an interview. Driving the news: Under today's deals, Frontier buyers will together finance 78,707 tons of CO2 removal between 2027 and 2030. The agreement marks a major expansion for Eion. Its existing offtake deals amount to $10 million spread across 10 buyers, including an 8,000-ton deal with Microsoft. Catch up quick: Eion was founded in 2021 and has raised $20 million to date. It sources olivine from a hydro-powered Norwegian quarry, and the marine shipping is included in their emissions calculations. The company began commercial olivine applications in 2023 after R&D and trials and has partnerships with agricultural distributors including Growmark and Southern Ag. The number of farms Eion works with is expected to rise to the "high hundreds" with the new agreement, CEO Anastasia Pavlovic said. What they're saying: Dan Prevost, a Mississippi farmer who has used olivine for multiple growing seasons, said working with existing ag product distributors is key. "It's really super-seamless whenever the partner just has another product in their toolbox, so to speak, that they can just plug and how you get to scale rapidly," said Prevost, who grows cotton, soybeans and more and praised olivine's performance. The intrigue: Frontier carefully vets removal startups, and its work with the industry goes beyond purchase deals. The agreement with Eion includes new soil sampling research, which is helped along by olivine's relatively fast CO2 uptake when spread on fields. That direct sampling can help the industry collect crucial info that enables better modeling of enhanced weathering techniques. What's next:"These early deployments are critical for building the datasets required to get really excellent models that can help us predict how much carbon removal is going to happen when we deploy rock over time, which will inevitably bring down the price," Bebbington said.