October 4, 2023

CH4 Global and South Korea's Lotte partner to redefine cattle environmental impact

CH4 Global, Inc. announced last month a partnership with South Korean multinational conglomerate, Lotte International.

The intent of the strategic partnership is to bring Methane Tamer™, a ruminant enteric methane-reduction technology, to South Korea. Both organisations are currently advancing studies for regulatory approval in the country in consultation with the South Korean government.

The partnership includes the initial supply to a Lotte-owned Australian feedlot, Sandalwood, for up to 7,000 head of cattle, primarily wagyu beef. As CH4 Global's exclusive partner in South Korea, Lotte will provide up to four million cattle with the enteric methane-reducing feed supplement. The climate impact from reduced emissions for this number of cattle would be as much as 10 million tonnes, or a conservative estimate of seven million tonnes of CO2-e per year (GWP100).

The target launch is 2025, with Lotte leading commercialisation and CH4 Global manufacturing and supplying the product.

"As a company that operates a beef business in Australia, reducing methane gas is a very important ESG issue," said Ki-ho Jeong, chief executive officer of Lotte International. "Therefore, we are actively working together with CH4 to reduce methane gas generated at Sandalwood and supply low-carbon beef in the market. In addition, we are working to introduce CH4 Global products in Korea to support the Korean government's goal of reducing methane gas emissions."

"From the start, CH4 Global has been focused on developing the products and partnerships that enable us to reach our critical goal of reducing methane emissions on a global scale," said Steve Meller, CEO and co-founder of CH4 Global. "This partnership with Lotte is another step in the direction of achieving our vision and putting our groundbreaking feed additive in the hands of farmers and food producers worldwide."

Methane Tamer™ uses a red seaweed (Asparagopsis) which, when added to cattle feed, drastically reduces the animals' methane emissions by up to 90% while also reducing the feed energy lost to methane emissions.

- CH4 Global