Weyerhaeuser Company (NYSE: WY) and Aymium announced a memorandum of understanding to create TerraForge Biocarbon Solutions, a joint venture that will build a biocarbon production facility adjacent to Weyerhaeuser’s McComb, Mississippi lumber mill. The plant is slated to come online in 2027 and will convert 1.5 million tons of wood fiber into sustainable biocarbon each year, with the potential to process over 7 million tons of fiber across multiple sites in the next five years.
The biocarbon will be produced through a combustion‑free, low‑emissions process that can replace coal in metals production, including iron, steel, silicon, and ferro‑alloys. Weyerhaeuser will supply the raw material exclusively, leveraging its 10 million acres of timberland and the 300 million board‑foot capacity of the McComb mill. Aymium brings its patented technology and a track record of supplying biocarbon to major steelmakers such as Steel Dynamics, Rio Tinto, and Nippon Steel.
The joint venture requires a corporate investment of more than $100 million and is expected to create 36 new jobs by 2027. While the ownership split and capital contributions of each partner have not been disclosed, both companies are contributing technology and capital to the venture.
Strategically, the partnership expands Weyerhaeuser’s Climate Solutions portfolio and introduces a high‑margin, low‑carbon product that can diversify revenue beyond timberland and wood products. Weyerhaeuser’s Q2 2025 results—net earnings of $87 million on $1.9 billion in sales and an adjusted EBITDA of $336 million—illustrate the company’s solid financial foundation. The new biocarbon line could add significant margin and revenue, reinforcing the company’s ESG credentials and long‑term shareholder value.
The global biocarbon market is growing as the steel industry seeks to decarbonize. Biocarbon offers a renewable alternative to coal in blast furnaces, and Aymium’s patents and investor backing signal strong market validation. Weyerhaeuser’s extensive timber supply chain positions it uniquely to meet the feedstock demand for this emerging market.
CEO Devin Stockfish said the partnership is a “major step forward in growing the scale and impact of our Climate Solutions business” and will create jobs and support local timberlands. Aymium CEO James Mennell expressed enthusiasm for reducing the environmental impact of producing essential industrial materials.
Weyerhaeuser plans to expand TerraForge to multiple facilities over the next five years, potentially converting 7 million tons of wood fiber into 1.5 million tons of biocarbon. The venture positions the company to capture the expanding demand for renewable feedstocks in the metals sector, aligning with its accelerated growth strategy through 2030.
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