GreenGasUSA and Darling Ingredients Partner to Reduce Emissions and Repurpose Waste Through the Production of Renewable Natural Gas (RNG)

Rhea-AI Summary

GreenGasUSA and Darling Ingredients (NYSE: DAR) have announced a partnership to produce renewable natural gas (RNG) and capture CO2 from wastewater streams at Darling's U.S. facilities.

This collaboration aims to significantly reduce greenhouse gas (GHG) emissions through the installation of gas upgrading and CO2 capture systems. The project will also generate beneficial co-products, making it a sustainable initiative.

Darling Ingredients focuses on repurposing waste, while GreenGasUSA specializes in producing RNG from waste streams. The partnership seeks to accelerate innovative waste management solutions and deliver environmental benefits.

South Carolina Commissioner of Agriculture Hugh Weathers supports this initiative, highlighting the agricultural sector's role in advancing the clean energy economy.

Positive

• Significant reduction in greenhouse gas (GHG) emissions at Darling's facilities.
• Production of renewable natural gas (RNG) from waste streams.
• Installation of advanced gas upgrading and CO2 capture systems.
• Generation of beneficial co-products, enhancing sustainability.
• Partnership supports Darling Ingredients' mandate to integrate circularity into industrial operations.

Negative

• Initial costs and investments required for installing gas upgrading and CO2 capture systems.
• Potential operational challenges during the implementation phase.
• Uncertainty in the financial impact and timeline for achieving significant GHG reductions.

Insights

Environmental Analyst

Darling Ingredients' partnership with GreenGasUSA is a significant step towards sustainability in the industrial sector. By capturing and repurposing CO2 and producing Renewable Natural Gas (RNG) from wastewater streams, the collaboration highlights a clear effort to reduce greenhouse gas emissions. The implications for the industry are noteworthy: a potential reduction in carbon footprint and a model for other companies to follow.

For retail investors, this partnership signals Darling Ingredients' commitment to sustainable practices, which could enhance its reputation and align it with growing environmental regulations. In the long term, this could lead to cost savings from reduced emissions and possibly even new revenue streams from the sale of RNG and other co-products.

Market Research Analyst

From a market perspective, the partnership between Darling Ingredients and GreenGasUSA can provide multiple benefits. Firstly, the production of RNG from waste streams addresses increasing demand for renewable energy solutions. This could open up new markets and revenue opportunities for both companies.

Additionally, the move aligns with broader industry trends towards circular economy models. Companies that can successfully integrate waste repurposing and carbon capture technologies are likely to see positive market reception, as these initiatives often lead to operational efficiencies and compliance with stricter environmental standards.

CHARLESTON, S.C.--(BUSINESS WIRE)-- GreenGasUSA and Darling Ingredients Inc. (NYSE: DAR) are pleased to announce their partnership to produce renewable natural gas (RNG) and capture CO₂ from the wastewater streams at Darling’s facilities in the U.S. The collaboration is expected to result in material greenhouse gas (GHG) emissions reductions at Darling’s facilities from the installation of gas upgrading systems, CO₂ capture systems, as well as generate other beneficial co-products.

At the core of its business, Darling Ingredients champions sustainability, and GreenGasUSA is a leading producer of RNG from environmental and industrial waste streams. Through Darling and GreenGasUSA’s collaboration they aim to accelerate the development of innovative solutions to unlock value from waste streams and deliver significant environmental benefits such as GHG reductions.

“We are excited to announce this landmark agreement with Darling Ingredients,” said CEO and Founder of GreenGasUSA Marc Fetten. “It is our mission at GreenGas to help businesses reduce their environmental impact by providing solutions that generate economic benefits. Darling Ingredients has been at the forefront of the effort to repurpose waste and integrate circularity into industrial operations and GreenGas is proud to support this mandate by partnering to convert agricultural and food waste into a valuable renewable energy product.”

South Carolina Commissioner of Agriculture Hugh Weathers commented, “The innovative collaboration between GreenGas and Darling Ingredients is evidence of the important role that the agricultural sector will play in advancing the clean energy economy. I have long been a supporter of GreenGas’s work to create renewable products from agricultural waste streams and reduce carbon emissions. And I am particularly excited about GreenGas’s CO₂ capture technology that both introduces circularity into agricultural processes and creates an important raw material for producers.”

About GreenGasUSA: GreenGasUSA partners with global businesses to help reduce their environmental footprint by producing renewable natural gas and other renewable products, like carbon dioxide (CO₂), clean water, and agricultural nutrients. GreenGasUSA’s wastewater and engineering experts design and permit comprehensive biogas solutions including, biogas capture, anaerobic digestion, gas flaring, compression, transportation, and pipeline injection. GreenGasUSA has operational RNG facilities at agricultural and food processing sources across the country, with proven success in installing, commissioning, and operating gas upgrading equipment; RNG and CO₂ product compression and transportation; and existing pipeline injection infrastructure. GreenGasUSA’s existing assets and partnerships with sustainability leaders are helping to shape the renewable energy landscape by offering solutions to customers dedicated to bettering the environment. GreenGasUSA has five operational RNG facilities, and one CO₂ facility, and is actively developing additional RNG and CO₂ facilities across the U.S.

GreenGasUSA is majority owned by the IFM Net Zero Infrastructure Fund (“IFM NZIF”). IFM NZIF is an open-ended fund, managed by IFM Investors, which targets essential infrastructure assets that seek to accelerate the world’s transition to a net-zero emissions economy.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240605697354/en/

Jessie Dzura

jessie.dzura@greengasusa.com

Source: GreenGasUSA

FAQ

What is the significance of the partnership between GreenGasUSA and Darling Ingredients (DAR)?

The partnership aims to produce renewable natural gas (RNG) and capture CO2 from wastewater streams, significantly reducing greenhouse gas (GHG) emissions at Darling's facilities.

How will the GreenGasUSA and Darling Ingredients (DAR) collaboration reduce emissions?

The collaboration will install gas upgrading and CO2 capture systems at Darling's facilities, leading to material reductions in GHG emissions.

What are the expected environmental benefits of the GreenGasUSA and Darling Ingredients (DAR) partnership?

The partnership is expected to deliver significant environmental benefits, including GHG reductions and the generation of beneficial co-products.

What role does the agricultural sector play in the GreenGasUSA and Darling Ingredients (DAR) initiative?

The agricultural sector supports this initiative by providing waste streams that can be repurposed into renewable natural gas (RNG) and other beneficial products, advancing the clean energy economy.

What are the main goals of the GreenGasUSA and Darling Ingredients (DAR) partnership?

The main goals are to reduce GHG emissions, produce RNG from waste streams, and generate beneficial co-products, promoting sustainability and circularity in industrial operations.