Climate Tech Company Partners with South Korean Multinational Giant to Tackle Cattle Methane Emissions – Groundbreaking Solution to Remove Up to 10 Million Metric Tons of CO2-e Annually

HENDERSON, Nev., Sept. 26, 2023 /PRNewswire/ — CH4 Global, Inc., a local weather tech firm on the trail to scalable and worthwhile manufacturing of merchandise that allow the meals trade worth chain to radically scale back GHG emissions, at this time introduced partnership with multinational conglomerate, Lotte International. The intent of the strategic partnership is to deliver Methane Tamer™, ruminant enteric methane-reduction know-how, to South Korea. CH4 Global and Lotte International are at present advancing research for regulatory approval in South Korea in session with the federal government.

The partnership consists of the preliminary provide to the Lotte-owned Australian feedlot, Sandalwood, for as much as seven thousand head of cattle, primarily Wagyu Beef. As CH4 Global’s unique companion in South Korea, Lotte will present as much as 4 million cattle with the enteric methane-reducing feed complement.

The local weather impression, from lowered emissions, for 4 million cattle could be as a lot as ten million metric tons, or a conservative estimate of seven million metric tons of CO₂-e per 12 months (GWP100).

The goal launch is 2025, with Lotte main commercialization and CH4 Global manufacturing and provide product.

“As a company that operates a beef business in Australia, reducing methane gas is a very important ESG issue. Therefore, we are actively working together with CH4 to reduce methane gas generated at Sandalwood and supply low-carbon beef in the market. In addition, we are working to introduce CH4 Global products in Korea to support the Korean government’s goal of reducing methane gas emissions,” stated Ki-ho Jeong, CEO of Lotte International.

“From the start, CH4 Global has been focused on developing the products and partnerships that enable us to reach our critical goal of reducing methane emissions on a global scale. This partnership with Lotte is another step in the direction of achieving our vision and putting our groundbreaking feed additive in the hands of farmers and food producers worldwide,” stated Steve Meller, CEO and co-founder of CH4 Global.

CH4 Global’s distinctive options present the most effective market alternative to quickly scale, and together with companions comparable to Lotte, the chance to massively scale back local weather impression. 

Methane Tamer™ makes use of a crimson seaweed (Asparagopsis) which, when added to cattle feed, drastically reduces the animals’ methane emissions by as much as 90% whereas additionally decreasing the feed vitality misplaced to methane emissions. 

The 1.5 billion cows on the planet produce greater than 150 million tons of methane yearly — the biggest single supply of methane globally. At greater than 12 billion tons CO₂-e per 12 months (at a mean of 100 kg methane/cow), it is a bigger GHG output than from the US, the EU, and India mixed. Moreover, the UN cites methane as over 80 occasions extra impactful than CO₂ on world warming over the subsequent 20 years. 

About Lotte International
Lotte group, which incorporates Lotte International, is the sixth largest firm in Korea. Lotte consists of over 90 enterprise items using 60,000 individuals engaged in such various industries as sweet manufacturing, drinks, motels, quick meals, retail, monetary companies, industrial chemical substances, electronics, IT, building, publishing, and leisure. Lotte runs extra companies in China, Thailand, Malaysia, Indonesia, Vietnam, Cambodia, Uzbekistan, India, United States, United Kingdom, Kazakhstan, Russia, Philippines, Myanmar, Pakistan, Poland, Australia and New Zealand. Lotte International, based in 1974, is a essential firm devoted to producing and sourcing agricultural merchandise and meals ingredient inside Lotte group.

About CH4 Global
CH4 Global, based in 2018, is on an pressing mission to bend the local weather curve, by collaboration with strategic companions worldwide. Led by a world-class group of senior enterprise builders, scientists and entrepreneurs, the corporate delivers market-disruptive merchandise that allow the meals trade worth chain to radically scale back GHG emissions. The firm’s first innovation, Methane Tamer™ feed components for feedlot cattle, harnesses the ability of Asparagopsis seaweed to cut back enteric methane emissions by as much as 90%. CH4 Global is headquartered in Henderson, NV, with present subsidiaries in Australia and New Zealand. Learn extra about CH4 Global and our recent news.

Media Contacts – CH4 Global, Inc.
For press inquiries in North America, Latin America, and Europe
Charlene Moore, Public Relations Officer, and Communications Counsel
[email protected] | P: +1 725 272 5732 | M: +1 831 331 5332

For press inquiries in Asia, Australia, and New Zealand
Verity Edwards, Hughes Public Relations and Communication Counsel
[email protected] | P: 08 8412 4100 | M: 0412 678 942

SOURCE CH4 Global, Inc.