AirCarbon Pellets
CNX Resources has invested in a California company that makes a biodegradable plastic substitute out of methane. The amount of the investment was not disclosed. CNX also announced a 15-year agreement to supply captured waste methane from third party industrial activities in the Appalachian region to provide the raw methane that will be used as the feedstock for biodegradable plastics. NewLight Technologies Inc. uses ocean microbes that feed on methane and produce a material it calls AirCarbon, which mimics the properties of plastic.
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