They go together like ham and eggs – literally. An American hog farmer and an Asian egg producer will invest a total of $1.8 billion on a biogas venture to be based in the United States, and to be operational by year-end 2012.
The agreement was signed on February 16 in Des Moines, after China’s Vice President Zi Jinping toured corn and soybean fields owned by U.S. foods conglomerate Smithfield Foods, Inc., one of the two principals in the deal. The Chinese statesman had met with U.S. President Barack Obama, Vice President Joe Biden, and other senior cabinet officials in Washington, D.C., two days earlier, on February 14.
China's Xinhua news agency reported that Virginia-based Smithfield and Beijing-based DQY Agriculture Technology Co. plan to use waste from a pig farm operated by Smithfield’s livestock production subsidiary Murphy-Brown, LLC, to produce 3.5 million cubic meters of methane a year and to generate 1 megawatt (MW) of power. The project will be able to produce 7 million kilowatt hours (kWh) of electricity and to reduce carbon dioxide (CO2) emissions by 42,000 tons annually... Read More
By 
Tidak ada komentar:
Posting Komentar