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title: “Turning Sewage Sludge Into a Revenue Line: A Shanghai ChiMay Board Briefing on Biogas, Fertilizer and Biochar” date: 2026-07-17 perspective: C-Level / Decision Maker theme: Sludge, Anaerobic Digestion & Resource Recovery The Historical Sludge Balance Sheet For most utilities, sewage sludge has appeared on the balance sheet as an unambiguous liability. Landfill tipping fees,…