Ingevity Invests in Biomethane, will Use it in its ANG Vehicle Platform
Ingevity Corporation announced a strategic partnership with and investment in GreenGasUSA Holdings, an integrated renewable natural gas solutions provider helping customers reduce their environmental impact. South Carolina-based GreenGas contracts with agricultural farms, landfills and industrial and municipal wastewater treatment facilities to collect and treat biogas from the organic waste of their operations that it then sells as pipeline-quality, low-carbon biomethane. GreenGas also provides compression, transportation and delivery of natural gas directly to customers through its wholly owned pipeline injection point or as part of its virtual pipeline services. With this investment, Ingevity now holds a less than 50% ownership in GreenGas.
Initially, Ingevity’s funding will enable GreenGas to further develop biogas capture and cleanup systems at facilities where harmful methane-producing organic waste can be converted to renewable natural gas instead of being flared off or escaping into the atmosphere.