In Germany, BASF signed a Memorandum of Understanding with Shenergy Group through its subsidiaries Shanghai Gas Co., Ltd and Shanghai Shenji Environmental Technology Co., Ltd. This strategic partnership aims to foster long-term collaboration among the three parties in the commercialization and international certification of biomethane, promoting the development of sustainable solutions and accelerating circular economy.
Shanghai Gas, a subsidiary of Shenergy, serves as a comprehensive natural gas industry platform and the urban gas provider for Shanghai. Shenji, another subsidiary company of Shenergy Environment Technology Co., Ltd., specializes in the developing of waste resource utilization. According to the MoU, Shenji will proactively undertake biomethane purification projects at livestock farms and waste disposal facilities. Meanwhile, based on the certification of biomethane projects, Shenji will work together with BASF to carry out pilot projects on the application scenarios of biomethane mass balance, and supply BASF with ISCC+ certified biomethane. The purified biomethane will be delivered through the gas grid by Shanghai Gas. BASF then incorporates the biomethane into its final products, thus reducing the products’ carbon footprint (PCF).
Tags: BASF, Germany, Shenergy Group
Category: Fuels
