Technip Energies and LanzaTech to Collaborate on Breakthrough CO2-to-Ethylene Technology
12 Juillet 2023 - 3:08PM
Technip Energies (PARIS:TE) and LanzaTech Global, Inc. (NASDAQ:
LNZA) signed a Joint Collaboration Agreement to create a new
pathway to sustainable ethylene utilizing their combined
technologies. Together LanzaTech’s carbon capture and utilization
technology with Technip Energies’ Hummingbird® technology transform
waste carbon into ethylene, the most common building block in
petrochemicals.
Ethylene is a building block for thousands of
chemicals and materials, including plastics, detergents, and
coatings that keep hospitals sterile, people safe, and food fresh.
Its traditional production process is also one of the largest
sources of carbon dioxide emissions in the chemical industry and
remains one of its most challenging processes to decarbonize. This
new joint process uses carbon emissions as the starting point
rather than virgin fossil carbon. First, up to 95% of the CO2 in
the flue gas is captured from the furnaces of an ethylene cracker
and mixed with hydrogen. Next LanzaTech’s biorecycling technology
transforms the captured waste carbon into ethanol. Finally, Technip
Energies’ Hummingbird® technology dehydrates the ethanol to
ethylene.
Technip Energies and LanzaTech have collaborated
on other sustainable solutions since 2020, including a partnership
with Borealis and On, the Swiss running shoe company, to make EVA
foam for the sole of running shoes. Technip Energies also partners
with LanzaJet, an independent company formed and spun off by
LanzaTech, which includes the Hummingbird® technology in the
LanzaJet™ Alcohol-to-Jet process which makes sustainable aviation
fuel from ethanol.
Arnaud Pieton, CEO of Technip
Energies, stated: “We are very pleased to work with
LanzaTech on another sustainable solution, this time to decarbonize
ethylene. This breakthrough technology will not only capture carbon
but will use it to make a valuable end product.”
Dr. Jennifer Holmgren, CEO of
LanzaTech, said: “By combining and integrating our process
with that of Technip Energies, we have the potential to retrofit
onto ethylene crackers around the world, supporting decarbonization
of a sector that has limited choices today. The sustainable
production of one of the most used commodity chemicals will have an
impact on the lives of billions of people daily. Through
partnerships such as this one with Technip Energies, we are
creating meaningful pathways to break free from virgin fossil
inputs for the things we use in our daily lives.”
About Technip Energies
Technip Energies is a leading Engineering &
Technology company for the energy transition, with leadership
positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as
well as growing market positions in blue and green hydrogen,
sustainable chemistry and CO2 management. The company benefits from
its robust project delivery model supported by extensive
technology, products and services offering.
Operating in 35 countries, our 15,000 people are
fully committed to bringing our client’s innovative projects to
life, breaking boundaries to accelerate the energy transition for a
better tomorrow.
Technip Energies is listed on Euronext Paris
with American depositary receipts (“ADRs”). For further
information: www.technipenergies.com.
About LanzaTech
Headquartered in Skokie, IL, LanzaTech Global,
Inc. (Nasdaq: LNZA) captures waste carbon and transforms it into
materials such as sustainable fuels, fabrics, packaging, and other
products. Using a variety of waste feedstocks, LanzaTech’s
technology platform highlights a future where consumers are not
dependent on virgin fossil feedstocks for everything in their daily
lives. LanzaTech’s goal is to challenge and change the way the
world uses carbon, enabling a new circular carbon economy where
carbon is reused rather than wasted, skies and oceans are kept
clean, and pollution becomes a thing of the past. For more
LanzaTech visit
www.lanzatech.com.
ContactsTechnip
EnergiesAnnette MorganHead of Marketing &
Communications – Sustainable Fuels, Chemicals &
CircularityAnnette.morgan@technipenergies.com+1 281-249-2475
LanzaTechMedia ContactKit
McDonnellDirector of Communicationspress@lanzatech.com
Investor Relations ContactOmar El-SharkawyVP,
Corporate DevelopmentLanzatechIR@icrinc.com
LanzaTech Global (NASDAQ:LNZA)
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