All Updates

All Updates

icon
Filter
Product updates
LanzaTech successfully produces ethylene from CO2
Alternative Energy
Oct 11, 2022
This week:
M&A
Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum
Generative AI Infrastructure
Today
M&A
Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum
Data Infrastructure & Analytics
Today
Funding
OceanWell raises USD 11 million in Series A funding to build water farms
Conservation Tech
Yesterday
Product updates
H launches Runner H, an AI agent for business automation
Foundation Models
Yesterday
Partnerships
Capgemini partners with Mistral AI and Microsoft to expand GenAI solutions globally
Foundation Models
Yesterday
Funding
Product updates
Converge Bio launches biotech LLM platform with USD 5.5 million seed funding
Foundation Models
Yesterday
Partnerships
Snowflake partners with Anthropic to integrate Claude AI models into Cortex AI platform
Foundation Models
Yesterday
Product updates
DeepSeek releases AI reasoning model DeepSeek-R1
Foundation Models
Yesterday
Industry news
Partnerships
ICEYE partners with Lockheed Martin and Finnish firms to develop defense space technologies
Next-gen Satellites
Yesterday
Partnerships
Dematic installs AutoStore system at South West Healthcare logistics hub
Logistics Tech
Yesterday
Alternative Energy

Alternative Energy

Oct 11, 2022

LanzaTech successfully produces ethylene from CO2

Product updates

  • LanzaTech, a Nasdaq-listed next-generation carbon transformation company, reported that it successfully engineered specialized biocatalysts to directly produce ethylene from CO2 in a continuous process. 

  • Ethylene is the most widely used petrochemical globally and is primarily produced from fossil inputs in an energy-intensive reaction that releases CO2. LanzaTech’s new process reverses this by turning CO2 into the resource from which ethylene can be produced in a continuous, low-temperature, energy-efficient process. Ethylene is needed to develop a wide array of chemicals and materials for plastics, detergents, and coatings.

  • The company had previously produced ethylene by using ethanol produced from carbon emissions and converting it to ethylene. The new process bypasses this conversion step to make the process less energy intensive and more efficient.

  • This advancement in bacterium bioengineering moves LanzaTech closer to its goal of replacing fossil-based feedstocks used to manufacture consumer goods with waste carbon. Furthermore, this also shows an opportunity for the company to further penetrate the global ethylene market, which as of 2022, was valued at USD 125 billion.

  • Analyst QuickTake: In addition to redeveloping its ethylene production process, LanzaTech also actively partnered up with several companies in the last few months to develop sustainable products, such as a shoe made from carbon emissions with On and sustainable fragrance ingredients from renewable carbon with Givaudan . The company also partnered with Brookfield Renewable to build new commercial-scale production plants to transform captured carbon into raw material commodities.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.