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Orizon (ORVR3) will supply biomethane to Neogás, from Ultragaz (UGPA3)

Orizon (ORVR3) will supply biomethane to Neogás, from Ultragaz (UGPA3)

Source: Space Money by José Chacon – 12/11/2024.

Under the contract, the company will supply an average of 35,000 cubic meters of compressed biomethane per day.

The Orizon (ORVR3) announced on Tuesday (12) that it signed a long-term contract for the sale of biomethane, lasting 10 years, to be produced at its Tremembé Ecopark. The agreement was made between Orizon’s subsidiary, Biometano Tremembé, and Neogás do Brasil Gás Natural Comprimido, with supply guaranteed by Ultragaz (UGPA3).

Under the contract, the company will supply Neogás with an average of 35,000 cubic meters of compressed biomethane per day, with the start of supply expected in the third quarter of 2027.

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