{"id":152724,"date":"2024-10-28T07:25:00","date_gmt":"2024-10-28T06:25:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=152724"},"modified":"2024-10-28T07:44:33","modified_gmt":"2024-10-28T06:44:33","slug":"lanzatech-awarded-3-million-from-u-s-department-of-energy-to-advance-conversion-of-waste-co2-into-valuable-chemicals","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/lanzatech-awarded-3-million-from-u-s-department-of-energy-to-advance-conversion-of-waste-co2-into-valuable-chemicals\/","title":{"rendered":"LanzaTech Awarded $3 Million from U.S. Department of Energy to Advance Conversion of Waste CO2 into Valuable Chemicals"},"content":{"rendered":"\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"649\" height=\"350\" src=\"https:\/\/renewable-carbon.eu\/news\/media\/2024\/10\/Image.jpg\" alt=\"\" class=\"wp-image-152726\" style=\"width:600px\" srcset=\"https:\/\/renewable-carbon.eu\/news\/media\/2024\/10\/Image.jpg 649w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/10\/Image-300x162.jpg 300w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/10\/Image-150x81.jpg 150w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/10\/Image-400x216.jpg 400w\" sizes=\"auto, (max-width: 649px) 100vw, 649px\" \/><figcaption class=\"wp-element-caption\">\u00a9 LanzaTech<\/figcaption><\/figure><\/div>\n\n\n<p><strong>LanzaTech Global, Inc. (NASDAQ: LNZA) (\u201cLanzaTech\u201d or the \u201cCompany\u201d), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein, has been awarded $3 million by the U.S. Department of Energy\u2019s (DOE) Office of Fossil Energy and Carbon Management (FECM), as part of a broader $29 million investment program to advance its carbon management priorities. LanzaTech\u2019s Project ADAPT (\u201cAccelerating Decarbonization via Advanced Production Technologies\u201d) was selected to address FECM\u2019s priority of converting carbon dioxide (CO<sub>2<\/sub>) into environmentally responsible and economically valuable products.<\/strong><\/p>\n\n\n\n<p>LanzaTech\u2019s Project ADAPT builds upon the Company\u2019s existing capabilities of using CO<sub>2<\/sub> as a feedstock to produce isopropanol at a pilot scale and aims to advance the process and platform with the following key focus areas:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Versatility in Feedstock Use: Enhancing the platform\u2019s ability to process a range of gas mixes with CO<sub>2<\/sub><\/li>\n\n\n\n<li>Microbial Strain Optimization: Employing advanced gene-editing techniques to develop tailored microbial production strains for making isopropanol and other prevalent chemicals<\/li>\n\n\n\n<li>Cost and Efficiency Improvements: Refining the end-to-end process to be more cost-effective, efficient, and more robust<\/li>\n<\/ol>\n\n\n\n<p>Isopropanol is a common alcohol used in an array of everyday products such as cleaning agents and is also a precursor to the propylene value chain. Propylene, which is a building block for packaging, medical supplies, automotive products, among many other applications, has a thriving demand market that is projected to approach $150 billion and 180 million tons by 2030. Importantly, isopropanol production has the ability to achieve greenhouse gas savings of over 200% when produced from recycled CO<sub>2<\/sub> instead of fossil carbon, and a non-fossil commercial production pathway does not exist today.<\/p>\n\n\n\n<p>Project ADAPT will primarily be funded by the FECM investment of $3 million and includes a Company funded cost share portion of approximately $0.8 million, totaling an estimated project cost of $3.8 million. Revenue and costs related to this project will be reported as Joint Development Agreement and Contract Research results for LanzaTech, and the majority of revenue is expected to be received and benefit financial results in 2025 and 2026.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe are thrilled to receive this support from the U.S. Department of Energy to progress our work around scaling the conversion of waste CO<sub>2<\/sub> to make some of the world\u2019s most needed chemicals,\u201d said <strong>Dr. Jennifer Holmgren, CEO of LanzaTech<\/strong>. \u201cCO<sub>2 <\/sub>is an essential feedstock of today and the future, and Project ADAPT leverages our expertise and existing operations to accelerate the commercialization of transformational carbon capture and utilization technologies that deliver cleaner and more sustainable energy and products.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>The projects supported by FECM\u2019s investment program are in keeping with the Biden-Harris Administration\u2019s aggressive climate ambitions of reaching a carbon-neutral power sector by 2035 and net-zero greenhouse gas emissions by 2050.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LanzaTech Global, Inc. (NASDAQ: LNZA) (\u201cLanzaTech\u201d or the \u201cCompany\u201d), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein, has been awarded $3 million by the U.S. Department of Energy\u2019s (DOE) Office of Fossil Energy and Carbon Management (FECM), as part of a broader $29 million investment program to advance its [&#8230;]<\/p>\n","protected":false},"author":114,"featured_media":152726,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"Project uses waste CO2 as a feedstock to produce sustainable isopropanol, a common alcohol found in everyday products","footnotes":""},"categories":[5571],"tags":[10744,10416,10408,23591,10453,10743],"supplier":[2392,11236],"class_list":["post-152724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-co2-based","tag-carboncapture","tag-circulareconomy","tag-greenchemistry","tag-isopropanol","tag-recycling","tag-useco2","supplier-lanzatech","supplier-u-s-department-of-energy"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/152724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/114"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=152724"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/152724\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media\/152726"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=152724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=152724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=152724"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=152724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}