Chevron is one of the worlds leading integrated energy companies. Pyrolysis is an essential technology to resolve plastic issue, said Na Kyung-soo, their CEO. Brightmark Awarded for Global Sustainability, Brightmark and NOAAs Florida Keys National Marine Sanctuary Announce Buoy Plastic Recycling Partnership, Brightmark Launches Medical Waste Recycling Program with Jamar Health Products, Local dairy farm becomes more sustainable with methane digesters, Brightmark Announces First Gas at the Athena Project, Young Students Spend the Day Learning to Conquer Plastics in the Ocean, 2022 Northeast Indiana Manufacturing Awards presented, Brightmark Announces Advanced Plastics Renewal Facility in Australia, Brightmark CEO Featured in Plastics Engineering Magazine, Brightmark, Chevron Announce Vlot Anaerobic Digestion Project, Brightmark Receives ISCC PLUS Certification, Brightmark Fast Company Next Big Things in Tech, Brightmark Partners with Guy Harvey Ocean Foundation, Brightmarks Plastics Renewal Technology Reduces Carbon Footprint From Fuels By 39%-139%, Brightmark, Chevron Announce First Renewable Natural Gas at Lawnhurst Farms, bp and Brightmark to Explore Developing Next Generation Plastics Renewal Plants in Europe. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond the companys control and are difficult to predict. Positivity Lowering greenhouse gas emissions by turning organic waste into power. A nurturing culture that values diverse ideas, traditions, heritages, and experiences. Chevron U.S.A. Inc. is a subsidiary of Chevron Corporation, one of the world's leading integrated energy companies. Brightmark is a global waste solutions company with a mission to reimagine waste. This sustainable technology directly addresses an acute problem facing Theyre an Indiana partner that hires formerly-incarcerated individuals and provides training and employment services. A fully engaged team that is driven by discipline and accountability. Brightmark Energy, founded in 2016, is focused on turning solid waste into sustainable fuel. We are dedicated to discovering and providing circular solutions to some of the worlds most pressing waste challenges, including turning organic waste into clean, renewable energy and closing the loop on the plastic waste crisis through innovative circular solutions. Eco tip: Celebrate Womens History Month and environmentally conscious efforts by supporting local women-owned businesses. Likely to profit from clean energy projects in the U.S. Chevron will purchase RNG produced from these projects and market the volumes for use in vehicles operating on compressed natural gas. This partnership with Brightmark will help establish us as leaders on this important challenge., The process has advantages in feedstock flexibility and efficiency. controlling owner of RES Polyflow, the Ohio-based energy technology Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power; and develops and deploys technologies that enhance business value in every aspect of the company's operations. Chevron is based in San Ramon, CA. http://www.businesswire.com/news/home/20161104005589/en/. The deal was announced last week. While Atlantica has diversified projects, ETFs may provide a more comprehensive selection. healthcare, real estate, technology and bioscience industries. SAN FRANCISCO & SAN RAMON, Calif. & MINNEHAHA COUNTY, S.D., August 03, 2022--(BUSINESS WIRE)--Brightmark RNG Holdings LLC a joint venture partnership between Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Brightmark Fund Holdings LLC, a subsidiary of Brightmark LLC, the global waste solutions provider delivered first gas at its Athena Project in Minnehaha County, South Dakota. Brightmark announces a partnership with Jamar Health Products, which will convert plastic medical waste, including Jamars PATRAN slide sheets, into circular and sustainable products. One of the nations leading renewable natural gas companies, Archaea Energy, has a portfolio of sustainable RNG and landfill gas projects. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. The drive comes as fossil-fuel manufacturers are under intense pressure to lower greenhouse gas emissions to mitigate climate change. BMRK Stock Price | Benchmark Energy Corp. Stock Quote (U.S.: OTC) | MarketWatch BMRK | Complete Benchmark Energy Corp. stock news by MarketWatch. Brightmark RNG Holdings LLC is a joint venture between Brightmark and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), to own project companies across the United States to produce and market dairy biomethane, a renewable natural gas (RNG). A wealth of resources for individual investors is available at www.zacks.com. manufacturing plastic again, thus creating the worlds first truly Boadwine Dairy in Baltic is taking manure and turning it into renewable natural gas through the use of their new methane digesters. circular economy technology for plastics. These symbols will be available throughout the site during your session. When used in the transportation sector, renewable natural gas from dairy operations has a negative carbon intensity on a lifecycle basis under Californias Low Carbon Fuel Standard. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are: changing crude oil and natural gas prices and demand for the companys products, and production curtailments due to market conditions; crude oil production quotas or other actions that might be imposed by the Organization of Petroleum Exporting Countries and other producing countries; technological advancements; changes to government policies in the countries in which the company operates; public health crises, such as pandemics (including coronavirus (COVID-19)) and epidemics, and any related government policies and actions; disruptions in the companys global supply chain, including supply chain constraints and escalation of the cost of goods and services; changing economic, regulatory and political environments in the various countries in which the company operates; general domestic and international economic and political conditions, including the military conflict between Russia and Ukraine and the global response to such conflict; changing refining, marketing and chemicals margins; actions of competitors or regulators; timing of exploration expenses; timing of crude oil liftings; the competitiveness of alternate-energy sources or product substitutes; development of large carbon capture and offset markets; the results of operations and financial condition of the companys suppliers, vendors, partners and equity affiliates, particularly during the COVID-19 pandemic; the inability or failure of the companys joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the companys operations due to war, accidents, political events, civil unrest, severe weather, cyber threats, terrorist acts, or other natural or human causes beyond the companys control; the potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant operational, investment or product changes undertaken or required by existing or future environmental statutes and regulations, including international agreements and national or regional legislation and regulatory measures to limit or reduce greenhouse gas emissions; the potential liability resulting from pending or future litigation; the companys future acquisitions or dispositions of assets or shares or the delay or failure of such transactions to close based on required closing conditions; the potential for gains and losses from asset dispositions or impairments; government mandated sales, divestitures, recapitalizations, taxes and tax audits, tariffs, sanctions, changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; material reductions in corporate liquidity and access to debt markets; the receipt of required Board authorizations to implement capital allocation strategies, including future stock repurchase programs and dividend payments; the effects of changed accounting rules under generally accepted accounting principles promulgated by rule-setting bodies; the companys ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and the factors set forth under the heading "Risk Factors" on pages 20 through 25 of the companys 2021 Annual Report on Form 10-K and in subsequent filings with the U.S. Securities and Exchange Commission. Some investors want their money to make a statement as well as a profit. Company profile page for Brightmark Energy LLC including stock price, company news, press releases, executives, board members, and contact information depth, versatility and experience of the Brightmark management Terms & Conditions, FREE interactive charts, analysis tools & prices. Brightmark RNG Holdings LLC - a joint venture partnership between Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Brightmark Fund Holdings LLC, a subsidiary of Brightmark LLC, the global waste solutions provider - delivered first gas at its Athena Project in Minnehaha County, South Dakota. The process is low cost, so we can sell the products on par with the market, Powell said. The 2.4 billion pounds is a huge quantity - for comparison, the U.S. exported 1.46 billion pounds of all scrap plastics throughout 2019. Brightmark Energy CEO Bob Powell welcomed attendees to the Eco tip: Celebrate Womens History Month and environmentally conscious efforts by supporting local women-owned businesses. Like most companies today, we use cookies to enhance your user experience and better understand the goals and aspirations of our visitors. The MOE is focused on supporting SK Global Chemicals Environmental, Social, and Corporate Governance initiatives. An environment that thrives on a positive approach to work while executing with a sense of urgency. The companys goals are to divert 8.4 million tons of plastic waste from landfills and the natural environment, and to offset 22 million metric tons of greenhouse gas emissions, by 2024. Within this report, youll learn: Our Continue reading 5 Year Impact Report, Certification ensures compliance with high ecological and social sustainability requirements, greenhouse gas emissions savings, and traceability throughout the supply chain Ashley, IN, December09, 2021: Brightmark, LLC the global waste solutions provider, today announced that its Ashley, Indiana Plastics Renewal Facility has been ISCC PLUS (International Sustainability and Carbon Certification) certified. Plastic waste being conveyed to the shredder in the Ashley, Indiana facility. Check it out. A total of 136 full time generation projects in solar, CHP, wind and waste to energy. Headquartered in Calgary, Alberta, Canada, Enbridge Partners is a multinational pipeline company expanding into the distribution of renewable natural gas. Brightmark has partnered with Indianapolis-based RecycleForce for both feedstock and employee recruitment. Powell is happy with the companys progress. Chevron Corporation (CVX): Free Stock Analysis Report, PDC Energy, Inc. (PDCE): Free Stock Analysis Report, Gulfport Energy Corporation (GPOR): Free Stock Analysis Report, SMART SAND INC (SND): Free Stock Analysis Report. SAN FRANCISCO, CA. For more information, visit www.brightmark.com. The scale of SOCGPs operations will make it a significant player in RNG in the future. more athttp://brightmarkenergy.com. A nurturing culture that values diverse ideas, traditions, heritages, and experiences. Brightmark Energy designs, manufactures, and implements commercial scale energy recovery systems that offer a responsible end-of-life solution for non-recycled waste plastic. landfills for thousands of years or littering our communities and Brightmark breaks ground on the worlds largest and first commercial-scale plastics circularity center. It is imperative that Brightmark develop these lifecycle carbon negative projects all over the world, and this is a huge step forward in that process. Im excited about what were doing, said Powell. As part of the financing closure, Brightmark became the A resourceful mindset that leverages relationships and means to maximize value and output. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Its plastics renewal, said Brightmarks CEO Bob Powell. "Achieving first gas at the Athena Project marks another major milestone as Brightmark continues to scale and expand our RNG production footprint throughout the country," said Bob Powell, founder and CEO of Brightmark. We are dedicated to discovering and providing circular solutions to some of the world's most pressing waste challengesincluding turning organic waste into renewable energy and closing the loop on plastic waste. And its a 93% efficient process, which means 93% of the plastic waste brought in is converted into usable products, he added. Want to know more about this alternative fuel, its production, and stocks tied to RNG? SAN FRANCISCO & SAN RAMON, Calif. & MINNEHAHA COUNTY, S.D., August 03, 2022 -- ( BUSINESS WIRE )--Brightmark RNG Holdings LLC - a joint venture partnership between Chevron U.S.A. Inc., a. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Truist Securities Adjusts Price Target on Chevron to $179 From $169, Maintains Hold Rat.. Goldman Sachs Lowers Price Target on Chevron to $172 From $182, Maintains Neutral Ratin.. Chief Technology Officer & Vice President. The 2022 Northeast Indiana Manufacturing Awards highlighted some of the outstanding products being created in Northeast Indiana. Brightmark is founded Brightmark is founded and the executive team is assembled with veterans from the renewable energy industry. The project uses biogas to produce electricity. See Related: Best EV Charging Station Stocks. CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. See Related: Best Renewable Energy Stocks. Copy and paste multiple symbols separated by spaces. Compartment A, ISIN code FR 0006174348, stock symbol: BVI. It may not have a strong enough interest in RNG for activist investors. Brightmark announces plans to construct a plastics circularity center for the Parkes Special Activation Precinct in New South Wales (NSW), Australia. Resourceful Were mission-oriented, and we seek partners who share our mission.. Bob Powell, President & Chief Executive Officer of over 25 years of collective clean energy generation experience For more information, . Will His AI Plans Be Any Different? So in addition to these projects being intensely carbon negative, they help keep nitrogen and phosphorus out of our waterways.. Brightmark is founded and the executive team is assembled with veterans from the renewable energy industry. Principled employees with the courage to always act with integrity. RNG can power more than natural gas vehicles and electric plants. Today, that discovery is still the heart of the Zacks Rank. The facility will convert approximately 100,000 tons of plastics After the gas is collected, its processed to remove water, carbon dioxide, hydrogen sulfide, and other trace elements, leaving pure methane. ', 'Our mission at Brightmark is to reimagine waste by creating innovative solutions like RNG projects,' said Bob Powell, CEO and founder of Brightmark. Brightmark has been working on solutions to the two environmental challenges domestically for a while now. Well be taking plastics that otherwise would have been landfilled from them. RecycleForce also runs a training and development program that Brightmark will tap into. pollution.. British Petroleum has partnered with us on the plastics side, Powell continued. Our goal to Reimagine Waste is more than a missionits a way of life. Brightmark secured an initial equity and debt commitment of up You can seethe complete list of todays Zacks #1 Rank stocks here. A local dairy operation is becoming more sustainable. This energy could potentially produce up to 12 percent of Americas electricity. Theyre great partners and committed early to buy all fuels produced from the plastic waste. That same technology is what Brightmark will use in its new partnership with SK Global Chemical. Biogas can also come from the manure associated with livestock operations. Historical and current end-of-day data provided by FACTSET. A fully engaged team that is driven by discipline and accountability. Musk Made a Mess at Twitter. Intraday Data provided by FACTSET and subject to terms of use. company, today broke ground on the nations first commercial-scale Atlantica Sustainable Infrastructure stands to gain as the U.S. and other countries turn to clean energy options. bob.powell@brightmarkenergy.com, By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Opinions expressed by Forbes Contributors are their own. Its shares have outperformed the Zacks Oil & Gas Integrated industry in the past 6 months. Focused only on renewable natural gas projects. CEO and founder Bob Powell shares how (and why) its important to win support for future plastics renewal plants as Brightmark works to create a world without waste. Like its ticker symbol implies, Cheniere Energy is a leading producer of liquified natural gas. Volatility may not faze one investor while it will give another an ulcer. have already acquired control of one operating combined heat & Waste solutions company Brightmark is converting plastic waste into fuel at its plant in Indiana. scale. Brightmark CEO Bob Powell at the Ashley, Indiana plastics renewal plant. One of the worlds major oil producers, BP, is expanding, through a partnership with Aria Energy, into the production of renewable natural gas from dairy farms. The gas is anticipated to be injected into the local interstate pipeline system statewide. Oil major Chevron Corp's U.S. unit and waste management firm Brightmark LLC said on Wednesday they have formed a joint venture to market dairy biomethane, a renewable natural gas made of methane . May not have the diversification of other clean energy companies. Well take the waste and create useable products from it., The plants process is enhanced pyrolysis, for which the waste plastic is first shredded into pellets. In addition to the companies you learned about above, we invite you to learn more about profiting from the upcoming presidential election. A resourceful mindset that leverages relationships and means to maximize value and output. Includes a diverse selection of clean energy and water projects in North and South America. For the plastic waste problem, the company closed a $260 million financing package in. Located in Ashley, Indiana, that plant is slated to start up in the first half of this year. Most LFG is used to produce electricity. Initial customer reaction to Brightmark has been tremendous. generation technologies to be offered by Brightmark will include Meet The Company Bridging Synthetic Biology Innovation With The World Of Insurance To Ensure Safe Food Production, Theres A New Species Of Magic Mushroom - Named After Paul Stamets, Absci Takes Its Generative AI Antibody Design Platform To Europe, Meet The Startup Thats Putting Ice Factories In Shipping Containers For Winn-Dixie Supermarkets. Headquartered in Richmond, Virginia, Dominion provides electricity and natural gas to homes, businesses, and wholesale customers, making its interest in renewable natural gas a natural fit. film, flexible packing, styrofoam and childrens toys directly into Zacks Equity Research for Brightmark, said, I am very excited about the incredible strength, Brightmark Energy, a San Francisco-based waste and energy development 'This joint venture is a powerful partnership that will accelerate Brightmark's ambition to achieve a global net-zero carbon future. partners. For more information, visit www.brightmark.com. Brightmarks subsidiary, RES Polyflow, designs, manufactures and The Ashley facility will be the first of its kind to take mixed waste When you learn more about this burgeoning clean energy option, we think youll be interested in adding this sector to your portfolio for future growth. Clean energy single-use plastics and convert them into usable products at commercial This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, No Major Offer Expected on Childcare in UK Budget, Biden Gives Medal of Honor to Trailblazing Special Forces Member, Oils $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Brightmark, Chevron achieve first delivery of renewable natural gas produced at the Athena Project, part of their previously announced partnership to own project companies across the U.S. to produce and market RNG. The company takes a holistic, closed loop, circular economy approach to tackling the planets most pressing environmental challenges with imagination and optimism for the future. As 2021 marks our fifth anniversary, were proud and grateful to showcase our first-ever impact reporthighlighting all were doing at Brightmark to create a world without waste. Two of the very top concerns for the environmentally conscious are plastic waste and greenhouse gas emissions. A subsidiary of Sempra Energy, Los Angeles-based Southern California Gas is the largest provider of natural gas in the state. Brightmark Energy, a San Francisco-based waste and energy development company, today broke ground on the nation's first commercial-scale plastics-to-fuel plant in Ashley, Indiana. We encourage you to join us; there is not a day to waste. This report reveals specific stocks that could soar: 6 if Trump wins, 6 if Biden wins. See Related: Best Green Companies to Invest. No results found. The company allows customers to Brightmark plans to develop dozens of additional plastics-to-fuel The timeline represents the initiation of a dream: to create innovative world-changing technology. of the 112,000 square foot facility are operational.

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