May 03, 2021
GreenGas partnership to help N. Charleston-based Ingevity expand its clean fuel business
INGEVITY IN THE NEWS
North Charleston-based Ingevity Corp. is looking to gain a foothold in the fast-growing renewable natural gas business by partnering with a Charleston startup that converts harmful methane gas from agricultural and other sources into clean energy.
The deal with GreenGas USA is part of the chemical maker’s plan to add new ventures that focus on human health and renewable natural gas, a plan it calls Ingevity 2.0. Part of that effort is Ingevity’s work to create absorbed natural gas technology for light-duty vehicle fleets.
“Our partnership with GreenGas is a significant step in advancing Ingevity 2.0 as we work together with GreenGas to broaden the reach of RNG as a cleaner alternative energy and fuel solution,” Erik Ripple, Ingevity’s chief growth and innovation officer, told analysts during a conference call last week. Read more…