$BNET ~ Company Overview
Bion’s unique and patented technology platform provides a cleantech solution for large-scale livestock production (CAFOs – Concentrated Animal Feeding Operations). The problem and the opportunity: what to do with over 1.5 billion tons of manure produced annually. The livestock industry, especially CAFOs, has come under heavy and increasing scrutiny for its substantial environmental and public health impacts at the same time it is struggling with reduced margins and supply-chain issues.
Bion’s livestock waste treatment technology largely eliminates the environmental impacts of large-scale production, while improving operational and resource efficiencies by recovering valuable nutrients and renewable energy from the waste stream. Bion’s unique and patented technology platform can help transform both the $180 billion U.S. animal protein sector and the way we manage our soil, air and water quality.
Bion has invested over $100 million in its technology platform, policy change and other activities since 1989. Its 2nd generation (2G) technology is proven at commercial scale and has been reviewed and qualified for federal loan guarantees under USDA’s Technical Assessment program. The 2G platform provides the only known comprehensive and cost-effective treatment of wet livestock waste: dairy, beef, and swine. Bion can provide a livestock facility with a similar level of treatment and verification as a municipal wastewater treatment facility, creating opportunities for dramatic savings in U.S. clean water costs.
Bion was recently joined by National Milk Producers Federation, Land O’Lakes, JBS and other national livestock interests in support of a market-driven clean water strategy that will allow states to acquire low-cost nutrient reductions through a competitive procurement process. As developing markets for nutrient reductions become fully-established, Bion will be able to monetize the cost-effective nitrogen and phosphorus reductions it can provide. Bion anticipates a robust opportunity to retrofit existing large-scale livestock facilities as policies inevitably evolve to address these lower-cost alternatives to today’s high-cost and failing clean water strategy.
Over the last three years, Bion has developed its 3rd generation (3G) technology that has evolved to produce significantly greater value from the waste stream through the recovery of renewable energy and byproducts. At this time, Bion is primarily focused on using its 3G technology to develop new (or expanded) large-scale projects with strategic partners like Kreider Farms, which is the third-largest egg producer in the U.S.
