NEW YORK, April 30, 2021 /PRNewswire/ — Bion Environmental Technologies, Inc. (OTC QB: BNET), a developer of patented livestock waste treatment technology coupled with a business model focused on the production of branded sustainable meat and dairy products, announced it has executed a Letter of Intent (LOI) with Lamb Farms, Inc., a large dairy operator in upstate New York.
The LOI is expected to lead to an agreement within 60 to 90 days to develop a Bion third generation (3G) treatment platform at Lamb Farms’ Oakfield, NY, dairy facility. The project will initially treat the waste from the 2,000-head milking herd at that location. Lamb Farms is already a leader in advanced husbandry and sustainability; the Oakfield site has an anaerobic digester in place that will significantly speed up the timeline for system installation and startup. It is also one of a select number of facilities in the country that currently upgrades its methane to pipeline condition, allowing clean carbon dioxide to be recycled from the biogas waste stream to produce ammonium bicarbonate.
The Oakfield, NY, location is approximately 30 miles from Buflovak, Bion’s prime engineering/ technology provider, so that any challenges associated with scaling up the platform can be conveniently and quickly dealt with. The established herd at Oakfield, with a digester in place, will allow Bion to install the platform relatively quickly and jumpstart production of ammonium bicarbonate for growth trials.
As a part of this project, a demonstration ‘beef barn’ would be constructed on-site that houses and produces a mix of sustainable and sustainable/ organic beef cattle. The beef installation will allow Bion to demonstrate proof of concept of its beef opportunity, while also pursuing certification of a verified sustainable brand through the USDA’s Process Verified Program (PVP).
The USDA PVP is the gold standard for food certification and is used today to verify a wide range of branding claims, such as ‘No Antibiotics Ever’, Cage Free (eggs), etc. Bion’s sustainable beef (and other livestock/ dairy products) can use the PVP to demonstrate to the consumer a substantially lower carbon, nutrient, water, and pathogen footprint, resulting from Bion’s treatment and