LanzaTech

Overview
Activities
News
Carbon Capture, Utilization & Storage (CCUS)?
Bio-based Materials?
Alternative Ingredients?
Product stageSegments
Growth
?
Next-gen Carbon Utilization: Other, Flue-gas Capture
?

LanzaTech has developed the technology to capture carbon dioxide emissions from industrial applications and ferment them using bacteria to produce ethanol, which can be used in industrial chemicals and biofuel production. As of June 2022, LanzaTech held over 1,115 patents, and was in the early stages of commercialization.

In 2018, LanzaTech partnered with Shougang Group (a leading Chinese iron and steel producer) to develop the world’s first commercial facility to convert industrial emissions to ethanol in China. LanzaTech has been exploring several pathways to convert its sustainable ethanol into valuable commercial products, from cleaning products to product packaging to sustainable clothing. 

In June 2020, LanzaTech announced a new venture, LanzaJet, to produce sustainable aviation fuel (SAF) using low carbon intensity ethanol. In October 2022 , LanzaTech successfully engineered specialized biocatalysts to directly produce ethylene from CO2 in a continuous process. The company had previously produced ethylene by using ethanol produced from carbon emissions and converting it to ethylene. The company is also using bacteria used in the fermentation process to produce commercial proteins. In October 2024, LanzaTech expanded its biorefining platform capabilities to include the production of LanzaTech Nutritional Protein (LNP), a protein made from the soil bacterium cupriavidus necator.

Key customers and partnerships

LanzaTech’s sustainable ethanol has been used in Swiss company Mibelle’s cleaning products, L’Oreal’s hair product packaging, Unilever's laundry capsules, Coty’s fragrance products, and On and Borealis’s running shoes. LanzaTech has also partnered with the German chemical company BASF to develop n-octanol at laboratory scale, the carbon transformation startup Twelve to develop polypropylene from carbon emissions, Spray Engineering Devices Limited (SED), a leading Indian engineering company, to convert bagasse to ethanol in India and SHV Energy , a Netherlands-based renewable energy solutions provider, to develop renewable propane. 

LanzaTech has partnered with Mitsui & Co (a Japanese conglomerate), Suncor Energy (a Canadian oil and gas producer), and All Nippon Airways (the largest airline in Japan) for its LanzaJet venture.  In October 2022 , LanzaTech extended its partnership with Suncor to deploy a demonstration facility that converts waste-based feedstock into ethanol and other chemicals. LanzaTech has also signed a memorandum of understanding (MoU) with Vattenfall (a Swedish utility company), Shell, and Scandinavian Airlines System (SAS) to explore the production of synthetic SAF.

LanzaJet has partnered with Carbon Engineering to investigate the feasibility of a commercial facility in the UK to produce more than 100 million liters of SAF per year. LanzaTech partnered with Woodside and ReCarbon to examine the feasibility of building a CCU facility in Perth, Australia. In April 2022, LanzaTech also collaborated with Bridgestone Americas for tire recycling.  In May 2022, LanzaTech partnered with Danone (a French multinational food producer) to produce monoethylene-glycol (MEG) directly from captured carbon emissions, for use in PET bottles and fibers.

In September 2022, LanzaTech together with On , a Swiss shoe manufacturer, launched its first shoe made from carbon emissions, called Cloudprime. LanzaTech also partnered with Givaudan , a global cosmetics and fragrance company, to develop sustainable fragrance ingredients from renewable carbon. In October 2022, LanzaTech entered into a funding partnership with Brookfield Renewable to build new commercial-scale production plants to transform captured carbon into raw material commodities. During the same month, the company partnered with Woodside Energy to design, construct, own, maintain, and operate pilot facilities relating to LanzaTech’s proprietary technologies.

In July 2023, LanzaTech signed a joint agreement with Technip Energies , a French engineering and technology company, to produce ethylene from waste carbon. In October 2023, the company entered into a joint venture with the Olayan Financing Company to deploy LanzaTech's carbon recycling technology in hard-to-abate industries in Saudi Arabia and the Middle East. In December 2023, LanzaTech partnered with Tadweer , an Abu Dhabi-based waste management entity, to launch a feasibility study for converting municipal and commercial solid waste into sustainable aviation fuel (SAF). In June 2024 , LanzaTech and LanzaJet joined forces to launch CiculAir, an innovative solution that converts waste, carbon, and renewable energy into SAF. In August 2024 , LanzaTech was awarded a contract by Jakson Green to supply 4G ethanol technology to NTPC Limited, India's largest power generation utility company. During the same month, the company partnered with LanzaJet and Wagner Sustainable Fuels, an Australian SAF provider, to equip the latter’s Brisbane SAF refinery with the CirculAir platform for SAF production. In September 2024 , LanzaTech signed a master license agreement with SEKISUI CHEMICAL, a Japanese plastics manufacturer, to build commercial-scale waste-to-ethanol facilities across Japan.

 

HQ location:
8045 Lamon Avenue Suite 400 Skokie IL USA
Founded year:
2005
Employees:
251-500
IPO status:
Public
Total funding:
USD 1.1 bn
Last Funding:
USD 40.0 mn (Post IPO Equity; Aug 2024)
Last valuation:
USD 950.0 mn (Aug 2019)
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