New partnership with Duke Energy and OptimaBio to Benefit Thousands of Homes and Businesses
SMITHFIELD, Va., Dec. 17, 2019 — Smithfield Foods, Inc., in partnership with Duke Energy and OptimaBio, LLC, is now producing renewable natural gas (RNG) from the wastewater treatment system at its Tar Heel, N.C. pork processing facility, which will help power more than 2,000 local homes and businesses. The three companies are utilizing the world’s largest pork processing facility to provide renewable energy to consumers while reducing their own, and the state of North Carolina’s, carbon footprint.
The $14 million project is the latest from Smithfield Renewables, Smithfield’s platform to unify and accelerate its efforts to reduce greenhouse gas (GHG) emissions 25% by 2025. Through partnership with Duke Energy, roughly 140,000 dekatherms of RNG per year will be transported to natural gas plants and used to generate electricity for consumers.
"This project brings to life all three of our company’s guiding principles – Responsibility, Operational Excellence, and Innovation,” said Kenneth M. Sullivan, president and chief executive officer for Smithfield Foods. “For the first time, we are creating renewable energy from the biogas generated in our wastewater treatment system and using it to power local communities. With the help of our partners, we are producing additional value for our company and our neighbors—a concept that is ingrained in our culture.”