Company accuses Summit of backing out of contract
The company planning to build a carbon sequestration pipeline through Iowa is being sued by a second pipeline parts company, this time for $6.6 million. SCS Carbon Transport LLC, an affiliate of Summit Carbon Solutions, is being sued by Patton Myhre Sourcing, a Texas-based company that Summit allegedly contracted with to purchase custom valves. Patton Myhre Sourcing alleges Summit is in breach of its purchase contract and now owes more than $6.6 million for the valves it agreed to purchase in 2022 for the pipeline that, at the time of the contract, would have transported ...