UPL, CH4 Global Partner to Reduce Cattle Methane Emissions
Nov 25, 2024 10:40
UPL and CH4 Global partner to distribute a seaweed-based feed supplement in 5 major markets, including India, that could reduce cattle methane emissions by up to 90%.
New Delhi, Nov 25 (PTI) Agricultural solutions provider UPL and CH4 Global announced a strategic partnership on Thursday to distribute a seaweed-based feed supplement in five major markets, including India that could reduce cattle methane emissions by up to 90 per cent.
The multi-year agreement targets India, Brazil, Argentina, Uruguay and Paraguay, which together account for more than 40 per cent of the global cattle population, the UPL said in a regulatory filing.
The partnership will focus on distributing CH4 Global's Methane Tamer product, a feed supplement derived from Asparagopsis seaweed, through UPL's existing distribution networks and feed formulations.
"Methane is almost thirty times as harmful for global warming than CO2," UPL Chairman and Group CEO Jai Shroff said.
"Recent reports show the highest levels in 8,00,000 years, so its reduction must be our top priority."
The initiative comes as the livestock industry faces increasing pressure to reduce its environmental impact. Enteric methane from cattle digestion is currently the largest human-driven source of methane emissions globally.
CH4 Global President and CEO Steve Meller said the partnership with UPL would help accelerate the global adoption of methane reduction solutions in livestock farming.
Neither company disclosed the financial terms of the agreement.
The partnership aims to create specific business models for each target market, integrating Methane Tamer into UPL's existing feed products while leveraging the company's market presence and customer relationships.
Home »
Market News » UPL, CH4 Global Partner to Reduce Cattle Methane Emissions
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
MORE NEWS
Indian Professionals Want Self-Employment: Report
LinkedIn report reveals a significant percentage of Indian professionals desire...
SAIL Bokaro Plant Rolls Chequered Plates
SAIL''s Bokaro Steel Plant achieves milestone with maiden chequered plate rolling....
Ashok Leyland Launches Compact Engines at EXCON...
Ashok Leyland unveils next-gen compact engines (P15 & H4 Unipack) at EXCON 2025. CEV...
India Fertilizer Imports to Jump 41% by FY26: FAI
India's fertilizer imports are projected to surge 41% to 22.3 million tonnes in FY26...
LEAP India, Eldorado Agritech Get Sebi Nod for...
LEAP India, Eldorado Agritech, Molbio Diagnostics, Foodlink F&B, Technocraft Ventures...
MF AUM to Cross Rs 300 Lakh Cr by FY35: Report
Mutual fund AUM projected to exceed Rs 300 lakh crore by FY35, driven by retail...
Areca & Coconut Prices in Mangaluru
Areca and coconut prices in Mangaluru on Tuesday. Check the latest market rates for old...
Gold & Silver Futures Drop Ahead of Fed Outcome
Gold and silver futures decline as traders book profits before the Fed policy decision....
AMSL to Invest Rs 1,500 Cr in Telangana Defence...
Apollo Micro Systems Ltd (AMSL) signs MoU with Telangana to invest Rs 1,500 crore in...
Commodities Prices Today
Daily commodities prices in Bengaluru. Check the latest rates for rice, jowar, jaggery,...
Read More »