Global multi-energy company TotalEnergies has purchased a 20% stake in a Finland-based start-up in a move that could help accelerate the development of the biogas value chain.
The start-up, Ductor, has developed an innovative technology to process high nitrogen organic waste such as poultry manure, which is usually difficult to use for biomethane production.
In addition to its investment, TotalEnergies has formed a partnership with Ductor to develop and invest in several biomethane production projects, primarily in the US and Europe.
With a pipeline of 15-20 projects to its name, Ductor will take charge of production of the sustainable biofertilisers while TotalEnergies will market the production of the biomethane.
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