Infinium and Kinetik Reach Innovative CO2 Utilization Agreement to Advance eFuels Production

Long-term agreement represents a new model for delivering decarbonization benefits across heavy transport and chemical industries

SACRAMENTO, Calif., April 16, 2024 /PRNewswire/ -- eFuels leader, Infinium, has reached an agreement with a subsidiary of midstream energy company  Kinetik Holdings Inc. (NYSE: KNTK) ("Kinetik") to purchase carbon dioxide ("CO₂") captured from Kinetik's gas gathering and processing system in the Permian Basin for use as a feedstock in the production of ultra-low carbon electrofuels ("eFuels"). Infinium eFuels are created through a proprietary process using waste CO₂ and green hydrogen derived from renewable power.