--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20240730-ab-akola-group-announces-22-mn-biomethane-project/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # AB Akola Group announces $22 mn biomethane project Publication Date: 2024-07-30T18:00:30-04:00 Last Updated: 2024-10-22T02:05:21-04:00 Author: Editors (https://www.fertilizerdaily.com/author/fertilizereditors/) Categories: [AgTech & Research](https://www.fertilizerdaily.com/agtech-and-research/), [Corporate](https://www.fertilizerdaily.com/corporate/), [Sustainability](https://www.fertilizerdaily.com/sustainability/) ![Yellow rapeseed field with stripes and wavy abstract landscape pattern. Aerial drone view of canola fields in Lithuania](https://www.fertilizerdaily.com/wp-content/uploads/2024/07/yellow-rapeseed-field-with-stripes-and-wavy-abstract-landscape-pattern-aerial-drone-view-of-canola-fields-in-lithuania-stockpack-istock-scaled.jpg) Investment to reduce CO2 emissions and support local farmers. AB Akola Group, the largest agricultural and food production conglomerate in the Baltics, plans to invest €19.4 million (approximately $21.5 million) in a new biomethane production plant through its subsidiary AB Kaišiadorių Paukštynas (Lithuania). Set for construction in the Kaišiadorys district, the plant is expected to begin operations in the second quarter of 2026, with EU funding applications underway. The plant will process significant volumes of bio-waste, reducing environmental pollution and CO2 emissions by approximately 29,000 tons annually. Methane emissions will also see a reduction. The project is anticipated to generate an annual EBITDA of €4.3 million (approximately $4.8 million), with a payback period of just over seven years. The facility will house four biogas reactors, capable of producing up to 1,000 cubic meters of biomethane per hour. The plant will process 120,000 to 140,000 tons of biowaste annually, sourced from chicken, cow manure, slurry, and other biodegradable materials. Around 20,000 tons of raw materials will be purchased from local farmers, promoting economic growth and environmental sustainability. The biomethane production will adhere to ISCC or RedCert international standards. ![](https://www.fertilizerdaily.com/wp-content/uploads/2024/07/Picture5-1.jpg) The Group is already constructing a biomethane plant in Plyniai, Šakiai district, slated to begin operations by the end of 2025. The new Kaišiadorys plant will further mitigate bio-waste accumulation, producing nearly 85 GWh of renewable energy annually. Additionally, it will generate over 285,000 tons of digestate, a potential substitute for mineral nitrogen fertilizer. Combined, these plants will save up to 42,000 tons of CO2 emissions annually. Tags: [Akola](https://www.fertilizerdaily.com/tag/akola/), [bio-waste](https://www.fertilizerdaily.com/tag/bio-waste/), [biodegradable](https://www.fertilizerdaily.com/tag/biodegradable/), [biomethane](https://www.fertilizerdaily.com/tag/biomethane/), [emissions](https://www.fertilizerdaily.com/tag/emissions/), [nitrogen fertilizer](https://www.fertilizerdaily.com/tag/nitrogen-fertilizer/), [renewable energy](https://www.fertilizerdaily.com/tag/renewable-energy/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.