LanzaTech Eyes Two More Spin-off Companies
by Kirstin Korosec (TechCrunch) LanzaTech CEO Jennifer Holmgren said Tuesday on the Disrupt 2020 virtual stage that the carbon capture technology company is planning to use its core technology to create two other businesses. LanzaTech captures waste gas emissions and uses bacteria to turn it into useable ethanol fuel. A bioreactor is used to convert into liquids captured and compressed waste emissions from a steel mill or factory or any other emissions-producing enterprises.
The core technology of LanzaTech — and its future businesses — is a bacteria that likes to eat these dirty gas streams. As the bacteria eats the emissions it essentially ferments them — a bit like how beer is made, Holmgren recently explained — and emits ethanol. The ethanol can then be turned into various products.
“Using a technology like ours that can use so many different feedstocks — waste biomass, industrial gases, CO2 from the air — you’re going to be making so much ethanol, that I think of ethanol as the feedstock of the future. In other words, you’re going to use ethanol to make other products.”
In June, LanzaTech did just that and announced a spin-off called LanzaJet. The new company launched with commitments from Japanese trading and investment company Mitsui & Co. and Canadian oil and gas producer Suncor Energy, which will invest $85 million to fund pilot and development-scale facilities for LanzaJet.
Now it seems that LanzaTech has plans to pursue other pieces of the supply chain. Holmgren said the company is focused on a couple of use cases on the chemical side. Ethanol, for instance, can be converted to ethylene, which is used to make polyethylene for bottles and PEP for fibers used to make clothes.
…
More importantly, LanzaTech has focused on synthetic biology. The company has learned to modify the bacteria that it already uses to make ethanol, and instead harnesses it to make other chemicals directly.
…
The second spin-off company focuses on a byproduct it already makes. The bacteria that eats carbon monoxide, hydrogen and carbon dioxide is a “skinny bacteria” as Holmgren calls it, because it is mostly protein. LanzaTech already sells this skinny bacteria as a co-product of its technology.
“Not in the too distant future we will want to run a reactor with all of these gases, not to make ethanol, but to make protein, and I see that as an ultimate spin-out as well,” she said. READ MORE
L’Oréal to launch plastic bottle made from captured carbon by 2024 (Cosmetics Design)
Excerpt from L’Oréal: Through their innovative partnership, LanzaTech, Total and L’Oréal have premiered the world’s first sustainable packaging made from captured and recycled carbon emissions. The successful conversion process takes place in three steps:
– LanzaTech captures industrial carbon emissions and converts them into ethanol using a unique biological process.
– Total, thanks to an innovative dehydration process jointly developed with IFP Axens, converts the ethanol into ethylene before polymerizing it into polyethylene that has the same technical characteristics as its fossil counterpart.
– L’Oréal uses this polyethylene to produce packaging with the same quality and properties as conventional polyethylene.
It is a technological and industrial success proving that industrial carbon emissions can be used to produce plastic packaging. This world first demonstrates the commitment of the three partners to the development of a sustainable circular economy for plastics and paves the way for new opportunities for the capture and re-use of industrial carbon emissions.
The partners now intend to continue working together on scaling the production of these sustainable plastics and look forward to working with all those who want to join them in committing to the use of these new sustainable plastics. READ MORE