Greenlane Renewables Inc. (“Greenlane”) (TSX: GRN) (FSE: 52G) announces that it has entered into a collaborative agreement with ZEG Biogás e Energia S.A. (“ZEG Biogás”), a company 50% owned by Vibra Energia S.A. (“VIBRA”), previously the fuel distribution unit of Petrobras, to locally produce, market and sell one of Greenlane’s largest and most popular biogas upgrading products in Brazil.
Under the terms of the agreement, Greenlane and ZEG Biogás will collaborate to establish, locally in Brazil, volume production of Greenlane’s Totara+ Water Wash Biogas Upgrading Product, one that is capable of processing up to 2,500 Nm3/h of inlet biogas. ZEG Biogás has been granted exclusive rights to localize the supply chain and manufacture the product in Brazil under the Greenlane brand and to market and sell the product to biomethane producing projects in which ZEG Biogás has an equity stake or a biomethane off-take agreement. Greenlane retains responsibility for the product design, the supply of components not available locally in Brazil, and the local commissioning and servicing of the products. Initial target markets are those of landfills and sugar mills. ZEG Biogás’ goal is to reach the production of 75 Totara+ systems in the next 5-years. Production capacity will be phased in over time, with a minimum volume commitment in the first two years. More >>