Slurry embellishing the bottom line
The company Waste2Green has developed a complete system that can free the farmers of their liquid and solid manure free of charge. And the company keeps the slurry - there is money in it!
A system which can fit inside a standard container system might be the answer to one of the most pressing environmental problems in Denmark: the emission of nitrogen from animal farming. A high level of nitrogen is emitted by liquid manure, and farmers pay high costs to get rid of it themselves, either by investing in high-tech systems to treat the slurry, or by buying expensive agricultural land where the slurry can be spread.
In Denmark, farmers are subject to the so-called livestock harmony criteria, which means that the number of pigs a farmer is allowed to keep must be in balance with the area of land he has. An exception may be granted if the farmer installs a high-tech system which minimises the negative impact of the liquid manure on the environment.
It doesn't cost a thing to get rid of the slurry
Now, however, the Danish company Waste2Green has developed a system which deals with the liquid and solid manure at no cost to the farmer. Waste2Green offers to install the system at the farm free of charge. In return, the company gets to keep the liquid manure. The excrement in slurry can be used in the production of fertiliser, while the urine can be converted into the substance urea. Both are valuable products worth money.
In its response to a pressing environmental problem, Waste2Green has come up with a solution with major global market potential. 285 million pigs are produced annually in the US, Canada and the EU's top six pig producing countries.
A vast market
If Waste2Green can sell system agreements e.g. to the farmers that together own four per cent of the pig herds in Europe, the US and Canada, the company will be able to produce 2.5 million tonnes of urea. At the current market price of urea, this corresponds to a turnover of EUR 640 million. Added to this are the earnings from the sale of the fertiliser produced.
The newsworthiness of Waste2Green's product has attracted major media interest. Nevertheless, it has not yet been possible for the company to find the money to set up the first demonstration system. A system costs EUR 2 million to manufacture and install. To date, the company has only managed to raise 40 per cent of the capital needed via funding from the Danish Food Industry Agency.
Waste2Green is an environmental technology company which can convert pig slurry into fertiliser and the raw material urea, which is used in a long list of industrial goods. The company has three employees and has yet to sell its first system.
The case was updated in January 2010