We can take all plastics, grades #1 to #7, explained Powell. bright stock: [noun] any of various clear oils (such as a heavy lubricating oil) obtained usually from residues of petroleum distillation by refining (as by removal of wax). This selection includes options for investors with a variety of goals and risk tolerances. resources and renewable natural gas solutions for its customers and The future is very bright., This is a BETA experience. Ultimately, the outputs of this Create your Watchlist to save your favorite quotes on Nasdaq.com. Renewable natural gas collected from landfills where the trash you set by the curb weekly goes is known as landfill gas or LFG. The Ashley, Indiana, plastics renewal facility under construction. 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. Brightmark provides Continue reading Brightmark Launches Medical Waste Recycling Program with Jamar Health Products, On Tuesday, President Biden signed into law the Inflation Reduction Act (IRA), an ambitious legislative package aimed at tackling climate change on an unprecedented scale that we have never seen in the United States. Brightmark announces a partnership with Jamar Health Products, which will convert plastic medical waste, including Jamars PATRAN slide sheets, into circular and sustainable products. Brightmark Energy, founded in 2016, is focused on turning solid waste into sustainable fuel. Having a diversified portfolio has never been easier. It may be too volatile for conservative investors. Do Not Sell My Data |. For more information, . The Vlot anaerobic digestion project is anticipated to capture, clean, and convert methane from manure that would otherwise escape to the atmosphere on the Vlot Calf Ranch and dairy farm into renewable natural gas (RNG). Brightmark is a growth stock with a higher beta, but its quarterly revenue growth of more than 800 percent is higher than the sector average. 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. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Brightmark employs technology solutions such as combined heat and All Rights Reserved. One of the nations leading renewable natural gas companies, Archaea Energy, has a portfolio of sustainable RNG and landfill gas projects. Brightmark specializes in delivering tailored clean energy 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. And its a 93% efficient process, which means 93% of the plastic waste brought in is converted into usable products, he added. Wall Street analysts rated our selection of renewable natural gas stocks and ETFs. Put On The Gas. You can seethe complete list of todays Zacks #1 Rank stocks here. The Company offers heat and power, solar, wind, waste to energy, and other clean energy generation solutions for commercial and industrial customers. http://www.businesswire.com/news/home/20161104005589/en/. For an effort that seemed dead in the water a few months ago, this final climate change package seems poised to Continue reading A Long Overdue Path Forward. manufacturing jobs will be created in Northeast Indiana when all phases As you consider these equities and ETFs, note how these RNG options range from conservative to growth. major environmental ill and create positive economic value in the Do Not Sell My Data |. Privacy Notice | I see a future where we do more, but for now just in those two areas we have an awful lot happening. At full rates, the plant will produce a combined total of about 18 million gallons per year of diesel and naphtha, and six million gallons of wax annually. With the establishment of this new facility, Brightmark will be the first new circular economy business in the Parkes Special Activation Precinct, as well as the first-of-its-kind advanced recycling, plastics renewal facility in Australia. Check out the 2020 Election Stock Report >>. have already acquired control of one operating combined heat & With a P/E ratio of 24.16 and a dividend yield of 3.28 percent, Dominion Energy is rated a buy by analysts. This partnership with Brightmark will help establish us as leaders on this important challenge., The process has advantages in feedstock flexibility and efficiency. its operations. Wells Fargo Lowers Price Target on Chevron to $199 From $204, Maintains Overweight Rati.. Chevron CEO on Share Buybacks, Deals, Oil Capacity, Global energy-related CO2 emissions edged up to record high in 2022 - IEA, Energy Up on Chinese Demand Optimism -- Energy Roundup, Chevron : opens second CNG station in california, Energy Falls as Oil Posts Loss for February - Energy Roundup. The company currently carries a Zack Rank #3 (Hold). The plastic problem has garnered more and more attention with the proliferation of photos showing rivers and bays choked with waste, and as people have learned that separating recyclables at home doesnt necessarily keep them out of the landfill. Clean energy investors may not want what is still considered a fossil fuel stock. Brightmarks mission is to create significant long-term value 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. Principled employees with the courage to always act with integrity. While Atlantica has diversified projects, ETFs may provide a more comprehensive selection. A recognized leader in liquified natural gas and liquified RNG, Some may see LNGs use of non-renewable natural gas as a negative, Partnership with Brightmark boosting dairy-derived RNG, CLNE looks to expand RNG use through customer stations across the U.S. and Canada, Trades in environmental credits from selling RNG. Shares of Chevron have lost 12.8% compared with the 19.6% decline of the composite stocks belonging to the industry. and AM WAX will purchase the wax. into over 18 million gallons a year of ultra-low sulfur diesel and -, U.S. oil & gas rig count falls for third week in a row - Baker Hughes, News Highlights: Top Energy News of the Day, Big Oil to take centerstage at Houston meet as markets, alliances shift, Chevron : Hydrogen-fueled gas turbine engine could lead to lower carbon intensity. Ameresco is a growth option for investors with higher risk tolerances or for those looking to profit over a more extended period. Bacteria break down the waste and generate biogas, which is further processed in to RNG. Theyre an Indiana partner that hires formerly-incarcerated individuals and provides training and employment services. A group of 60 students from New River Middle School in Fort Lauderdale, Florida, recently spent the day collecting trash on the beach that they measured, sorted, and cataloged to learn more about the devastating effect that plastics have on the ocean ecosystem. Brightmark's subsidiary, RES Polyflow, designs, manufactures and implements commercial scale energy recovery systems that offer a responsible end of life solution for non-recycled waste plastic.. SAN FRANCISCO-- ( BUSINESS WIRE )--Brightmark, the global waste solutions provider, today announced that it is launching the largest ever solicitation for plastic waste and will deploy its. Brightmark Energy designs, manufactures, and implements commercial scale energy recovery systems that offer a responsible end-of-life solution for non-recycled waste plastic. And regardless what you think about climate change, reducing the colossal man-made sources of atmosphere-altering gases only makes good sense. technology could also be used to produce the feedstocks necessary for over 25 years of collective clean energy generation experience Initial projects are focused on dairy biogas, in which the joint venture will construct and operate anaerobic digesters to process manure from dairy farms and capture biomethane. Like its ticker symbol implies, Cheniere Energy is a leading . At Brightmark, we respect your right to privacy and value our relationship with you as a user. View the full release here: https://www.businesswire.com/news/home/20220803005296/en/. Here we have the 411 on RNG, its future as fuel, and investments you could make in RNG. Brightmark Energy CEO Bob Powell welcomed attendees to the 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. Accountability The company allows customers to Eco tip: Celebrate Womens History Month and environmentally conscious efforts by supporting local women-owned businesses. In addition to the companies you learned about above, we invite you to learn more about profiting from the upcoming presidential election. An investor may plan to buy and hold an RNG stock for decades, while another one will have plans to use their funds in the short term to start their retirement or send a child to college. 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. Profits are important, but so is knowing that each investor has a unique personality and goals. ", "As agriculture and technology continue to advance and evolve, it has become apparent now more than ever that these two industries need to work hand in hand for the sake of our environment and those that inhabit it," said Lynn Boadwine, owner of Boadwine Farms, Pioneer Dairy and Mooody Dairy. Xebec trades on the Toronto Stock Exchange under the symbol (TSX: XBC). We are about to start the construction of 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. Bob Powell, President & Chief Executive Officer of Brightmark has partnered with Indianapolis-based RecycleForce for both feedstock and employee recruitment. "Through our collaboration with Chevron and Lynn Boadwine, owner of Boadwine Farms, Pioneer Dairy and Mooody Dairy, we believe the Athena Project further demonstrates the transformative economic and environmental benefits of partnering with our country's essential farmers to reduce and offset lifecycle carbon emissions. Brightmark is founded Brightmark is founded and the executive team is assembled with veterans from the renewable energy industry. More information about Chevron is The 2022 Northeast Indiana Manufacturing Awards highlighted some of the outstanding products being created in Northeast Indiana. Its focus is on selling RNG under long-term fixed-price contracts to credit-worthy partners. Diversity & Inclusion The journey began as a mission to create a world without waste. Brightmark's Sumter, South Carolina, RNG Project. View real-time stock prices and. This technology offers a tremendous opportunity to combat a The company announced it would build the worlds largest circularity center in Georgia. Brightmarks first project goes online in Sumter, South Carolina. Price is low now, which could make it a bargain, May not have the RNG focus some investors want, P/E ratio is a little high, which could make a short-term profit difficult. Powell is happy with the companys progress. "These renewable natural gas projects are not only designed to capture methane that is currently emitted to the atmosphere and repurpose it as a valuable transportation fuel with lower lifecycle carbon intensity, but they also support our commitment to meeting our customers growing demand for lower carbon fuel solutions. Zacks->. power project in the US. The outlet could represent a significant opportunity for MRFs and municipal programs struggling to move low-grade plastic bales. solution to the complex problems our nation faces around plastic 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. 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. The project is part of the previously announced partnership to own project companies across the United States to produce and market dairy biomethane, a renewable natural gas (RNG). Plastics renewal Soon there will be more plastic in the ocean than fish. A nurturing culture that values diverse ideas, traditions, heritages, and experiences. Brightmark LLC is a global waste solutions company with a mission to reimagine waste. Brightmark announces plans to construct a plastics circularity center for the Parkes Special Activation Precinct in New South Wales (NSW), Australia. and industrial customers in North America, is pleased to announce over $1.5 billion of assets with businesses in the energy, Investment from Jackson Investment Group, Ashley Circularity Center reaches financial close, Brightmark announces worlds largest circularity center headed to Georgia, Brightmark announces circularity center in Australia, Brightmark announces partnership with Jamar Health Products, Brightmark and NOAAs Florida Keys National Marine Sanctuary announce buoy plastic recycling partnership. Learn more about our marine recycling partnership with NOAAs Florida Keys National Marine Sanctuary here. An environment that thrives on a positive approach to work while executing with a sense of urgency. Since RNG production and use are on the rise, it could also power your investment portfolio to new heights. Type a symbol or company name. The joint venture will provide funds for the infrastructural developments and commercial transactions of dairy biomethane projects in multiple states of the United States. It may not be for the risk-averse investor. The project uses biogas to produce electricity. Jay Schabel, President of Brightmark Energys plastics division, said, ", "We are excited to achieve another milestone in our partnership with Brightmark," said Andy Walz, president of Chevrons Americas Fuels & Lubricants. Want to know more about this alternative fuel, its production, and stocks tied to RNG? Our choices include stocks in energy, clean energy, utilities, and more. 'This joint venture is a powerful partnership that will accelerate Brightmark's ambition to achieve a global net-zero carbon future. Pyrolysis is an essential technology to resolve plastic issue, said Na Kyung-soo, their CEO. Chevrons objective is to improve the development process of reliable and affordable energy and to invest in companies addressing greenhouse gas emissions as stated by Andy Walz, president of Americas Products for Chevron. generation technologies to be offered by Brightmark will include 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. Brightmark CEO Bob Powell at the Ashley, Indiana plastics renewal plant. A local dairy operation is becoming more sustainable. An environment that thrives on a positive approach to work while executing with a sense of urgency. However, here are 15 RNG stocks and exchange-traded funds that are worth consideration. tailored based on customer needs. useful products, like fuels and wax. Watch how a seven-year-old boy, a toy dinosaur, and Brightmark are changing this. Copyright 2023 MarketWatch, Inc. All rights reserved. We encourage you to join us; there is not a day to waste. of the 112,000 square foot facility are operational. partners. Our RNG projects also deliver a true 'win-win' in terms of driving sustainable agriculture with significantly less waste and improving economic development in rural communities.'. Investment from Jackson Investment Group Intraday data delayed at least 15 minutes or per exchange requirements.