Pittsburgh-based CNX Resources Corp., a low carbon intensive natural gas development, production, midstream, and technology company, and California-based Newlight Technologies, a nature-based technology company converting air and greenhouse gas, recently signed a 15-year agreement to capture and utilize methane emissions.
The emissions will be turned into a biomaterial called Aircarbon that is used to replace plastic in industrial industries.
The companies will capture waste methane from third-party industrial activity. CNX will gather, process, and deliver the methane, while Newlight will use the methane to support the production of Aircarbon.
“CNX is a world leader in methane capture and processing, and by partnering with their exceptional team, we will have the opportunity to meaningfully reduce the amount of carbon going into the air and plastic going into the ocean,” Newlight CEO Mark Herrema said. “Our goal is to abate methane emissions at world scale through the application of biological carbon capture, and this agreement takes us another step closer to that goal. We’re thrilled to have a strategic growth partner in CNX that shares our commitment to sustainable solutions and environmentally responsibly outcomes.”
The contract aligns with CNX’s strategy to decarbonize.
Newlight opened its first commercial-scale Aircarbon facility in 2020.