CLIB News

07.09.2012CLIB2021 congratulates LanzaTech on two awards
Great success for LanzaTech.

The New Zealand and Chicago-based gas fermentation company is not only one of the top ten advanced biofuels and biorefining companies in Asia. It was also chosen as one of 23 Technology Pioneers for 2013, by the World Economic Forum.
Their achievements will be honored at the Forum’s Annual Meeting of the New Champions 2012 in Tianjin, People’s Republic of China, from 11-13 September.

LanzaTech
The New Zealand and Chicago-based gas fermentation company has been Asia-bound in search of transformative feedstock and downstream distribution partners, rounding up some of the best in both.
Currently on LanzaTech’s radar are four projects. First, the existing demonstration project with BaoSteel in Shanghai, using waste gases from steel production, with a capacity of 100,000 gallons. The company has been reporting “great progress at Bao” on key milestones and expects to reach all of them by October.
The first commercial plant is expected to be sited in or near Beijing, also in combination with Bao Steel and using a combination of feedstocks from several steel mills. The next project is expected to be sited in India using MSW, which will require the use of a biomass gasifier – hence the company has placed that farther down the list so that process improvement can resolve some of the economic challenges of biomass gasification, over the next year. Fourth project for the company will take it to Soperton, Georgia and its Freedom Pines facility, where it will use woody biomass as a feedstock and, again, utilize a gasifier.
Meanwhile the company landed a major Series C investment round, with new investors including Petronas Technology Ventures Sdn Bhd, the venture arm of Petronas, the national oil company of Malaysia, and Dialog Group, a leading Malaysian integrated specialist technical services provider to the oil, gas and petrochemical industry.
In addition to its work in China and prpspects in Malaysia, last year LanzaTech signed a memorandum of understanding with Posco, a Korean conglomerate with interests in steel, power, energy, engineering and construction, to convert the steel maker’s flue gases to ethanol and other value added products. LanzaTech CEO Jennifer Holmgren commented, “This means that LanzaTech is now working with 2 of the top 5 global steel manufacturers.”
In recognition of their achievements, LanzaTech reported last week that they were chosen as one of 23 Technology Pioneers for 2013, by the World Economic Forum. Their achievements will be honored at the Forum’s Annual Meeting of the New Champions 2012 in Tianjin, People’s Republic of China, from 11-13 September.