During the 78th United Nations General Assembly, SGP BioEnergy hosted a roundtable event in collaboration with Latino Farmers and Ranchers International (LFRI) to promote the Culture of Peace. At the event, SGP BioEnergy and LFRI signed an agreement to develop and supply industrial hemp for SGP’s Golden City Biorefinery in Panama. The industrial hemp will be used to manufacture sustainable products for the auto, chemical, and industrial markets. This non-food crop has many advantages, including being carbon-neutral and enhancing soil for food production. LFRI has decades-long expertise in growing and optimizing this crop and played a key role in its legalization in the United States.
SGP BioEnergy is committed to adhering to stringent ESG plans and to never displacing food production as part of their bioenergy growth strategy. Their Zero-Waste Ecosystem platform is aligned with all 17 Sustainable Development Goals and presents a comprehensive guide to implementing industrial-scale bioenergy projects with a low to net zero carbon footprint. The $7.7 billion Golden City Biorefinery project, which is designed to produce advanced renewable fuels, is set to be the world’s largest advanced biorefinery, creating over 3 million living-wage jobs and rejuvenating global agriculture and communities.
SGP’s READY.GROW. Program is a global bioenergy feedstock development system that delivers low-carbon-intensity feedstocks with end-to-end traceability and sustainable certification. These feedstocks will be used to produce advanced biofuels, green hydrogen, and products for global OEM markets.
“Through the intricate synergy of the Golden City Biorefinery and our Zero Waste Ecosystem, the formal launch of our READY.GROW. Program represents our final, actionable point of implementation: ensuring that the ingredients needed to produce our advanced biofuels and consumer and industrial products are readily available, meet our stringent ESG criteria, and drive impact to the communities in which we operate; we’re not just envisioning a sustainable future – we’re actively constructing it”, expressed Randy Delbert Letang, CEO of SGP BioEnergy. “Each drop of biofuel from the Golden City Biorefinery symbolizes hope, progress, and our unwavering commitment to creating a world where sustainability and equity aren’t options – they are the standard,” Letang continued.
Echoing these sentiments, Rudy Arredondo, President-CEO-Executive Director of LFRI (Latino Farmers and Ranchers International), stated, “SGP’s READY.GROW. Program is not just another agricultural project; it’s a movement. It lays the foundation for fair, just and equitable agriculture, ensuring a brighter tomorrow for the world.”
The Roundtable event will not only commemorate the significant signing, but also facilitate discussions on bioenergy and its potential impact on creating a sustainable and fair future for all. The main topic will focus on the development of a global biofuels ecosystem, highlighting the themes of profit, access, and impact. This initiative is seen as transformative for promoting peace and prosperity, and serves as a cornerstone for a sustainable and progressive model.
