NextChem Kicks Off the Engineering Phase of Rome Hydrogen Valley (IPCEI HY2USE) and Awards LanzaTech the Process Design Contract for the Circular Ethanol Unit
October 24 2022 - 8:00AM
Maire Tecnimont S.p.A. announces that NextChem, through its
subsidiary MyRechemical, has kicked off the engineering phase of
Hydrogen Valley in Rome, which is based on NextChem’s
waste-to-chemical technology and has received the EU Commission
grant within IPCEI HY2USE initiative, as already communicated.
NextChem has started, through MyRechemical, the
engineering of waste conversion to Circular Gas™ that will be
the feedstock for the ethanol and hydrogen production. In this
framework, NextChem has awarded LanzaTech an engineering contract
to deliver a process design package for a syngas fermentation unit
to produce circular ethanol for sustainable mobility and chemicals
based on its biocatalyst technology.
MyRechemical’s chemical conversion technology
allows the recovery of waste that cannot be mechanically recycled
as well as other types of non-recyclable dry waste. The engineering
phase of the Hydrogen Valley is expected to be completed in
2023.
LanzaTech is a global leader in gas
fermentation, making sustainable fuels and chemicals via biological
conversion of waste carbon emissions, including industrial
off-gases. LanzaTech’s expertise in fermentation scale up, reactor
design, machine learning and synthetic biology has enabled the
company to commercialize its recycling process and demonstrate
production of 100 different chemicals.
Alessandro Bernini, Chief Executive
Officer of Maire Tecnimont Group and NextChem: “We are
very proud to have started the engineering activities of the first
NextChem Hydrogen Valley. This agreement with LanzaTech is the
first deployment of the existing cooperation with such a recognized
player and represents an important step forward in our energy
transition journey.”
“Our thanks to the European Commission IPCEI
program for enabling this project with NextChem in the Rome area,”
said Jennifer Holmgren, CEO of LanzaTech. “We
expect that combining our technologies will create a closed loop
system for a new low-carbon economy. By working together, we can
keep fossil resources in the ground, while creating value. We can
turn the carbon and hydrogen in these waste streams into the things
we use in our daily lives.”
About LanzaTech
LanzaTech harnesses the power of biology and big
data to create climate-safe materials and fuels. With expertise in
synthetic biology, bioinformatics, artificial intelligence, and
machine learning coupled with engineering, LanzaTech has created a
platform that converts waste carbon into new everyday products that
would otherwise come from virgin fossil resources. LanzaTech’s
first two commercial scale gas fermentation plants have produced
over 50 million gallons of ethanol, which is the equivalent of
offsetting the release of 200,000 metric tons of CO2 into the
atmosphere. Additional plants are under construction globally.
LanzaTech is based in Illinois, USA.
As announced on March 8th, 2022, LanzaTech has
entered into a merger agreement with AMCI Acquisition Corp. II
(Nasdaq: AMCI). Upon closing of the transaction, the combined
company will be renamed LanzaTech Global, Inc. and its common stock
is expected to be listed on Nasdaq under the ticker symbol
“LNZA.”
About Maire Tecnimont
S.p.A.
Maire Tecnimont S.p.A., a company listed on the
Milan Stock Exchange, heads an international industrial group that
is a leader in the transformation of natural resources (plant
engineering in downstream oil & gas, with technological and
execution competences). Through its subsidiary NextChem, it
operates in the field of green chemistry and the technologies to
support the energy transition. Maire Tecnimont Group operates in
about 45 countries, through approximately 50 operative companies
and about 9,300 people. For more information:
www.mairetecnimont.com.
Forward-Looking Statements
This press release includes forward-looking
statements regarding LanzaTech based on the beliefs and assumptions
of its management. Although LanzaTech believes that its plans,
intentions and expectations reflected in or suggested by these
forward-looking statements are reasonable, LanzaTech cannot assure
you that it will achieve or realize these plans, intentions or
expectations. Forward-looking statements are inherently subject to
risks, uncertainties and assumptions. You should not put undue
reliance on these statements, which speak only as of the date
hereof. LanzaTech undertakes no obligations to update or revise
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
law.
Contacts:
Media Contact - LanzaTechFreya Burton, Chief Sustainability
OfficerLanzatechPR@icrinc.com
Investor Relations Contact - LanzaTechOmar El-SharkawyDirector,
Corporate DevelopmentLanzatechIR@icrinc.com
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