Bloomberg News

Campbell Soup to Use Danish Biogas System to Power Ohio Factory

November 05, 2012

Campbell Soup Co. (CPB:US), whose cans were transformed into artworks by Andy Warhol, plans to turn potato peel and tomato waste into biogas to power its Ohio factory.

Bigadan A/S will build a biogas plant to process waste from the factory in Napoleon, said Eksport Kredit Fonden, the Danish export credit agency guaranteeing a loan for the venture. The project will cost more than 75 million kroner ($13 million).

“This new biogas technology will improve Campbell’s Napoleon recycling rate to approximately 95 percent,” Dave Stangis, a Campbell Soup official, said in a EKF statement.

The technology will provide a quarter of the plant’s annual power, while curbing greenhouse gas emissions by about 16,000 metric tons a year, equivalent to the output of 3,000 cars. EKF, based in Copenhagen, guaranteed a loan from an unspecified bank in Denmark to Napoleon Biogas LLC to construct the project.

To contact the reporter responsible for this story: Sally Bakewell in London at Sbakewell1@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net


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Companies Mentioned

  • CPB
    (Campbell Soup Co)
    • $44.83 USD
    • 0.12
    • 0.27%
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