There is a new partnership in the world bioeconomy. Indian Oil Corporation Limited, India’s flagship national oil company and, LanzaTech, carbon recycling company based in Illinois, signed a Statement of Intent to construct the world’s first refinery off gas-to-bioethanol production facility in India.
Avantium, the Dutch leading chemical technology company and forerunner in renewable chemistry, has acquired the assets of Liquid Light Inc., a renowned developer of electrochemical processes. Liquid Light has developed proprietary process technology to make major chemicals from low-cost, globally-abundant carbon dioxide (CO2). The acquisition combines the technologies of both Liquid Light and Avantium to develop a world leading electro-catalysis platform and to commercialize new process technologies using CO2 as feedstock to produce sustainable chemicals and materials. The integration of the Liquid Light assets into Avantium is complete and effective immediately. Financial details of the transaction were not disclosed.
Global Bioenergies expands in the Netherlands. The French biotech company led by Marc Delcourt signed a contribution agreement with the shareholders of Syngip B.V. to transfer all Syngip shares to Global Bioenergies S.A. The transaction’s completion remains subject to the fulfilment of several suspensive conditions including approval by the shareholders of Global Bioenergies.
US carbon recycling company LanzaTech has been selected by the Department of Energy’s Bioenergy Technologies Office (BETO) to receive a $4 million award to design and plan a demonstration-scale facility using industrial off gases to produce 3 million gallons/year of low carbon jet and diesel fuels. The facility will recycle industrial waste gases from steel manufacturing to produce a low cost ethanol intermediate “Lanzanol”. Both Lanzanol and cellulosic ethanol will then be converted to jet fuel via the “Alcohol to Jet” (ATJ) process developed by LanzaTech and the Pacific Northwest National Laboratory (PNNL).
German chemical colossus Basf and The Linde Group, one of the leading gases and engineering companies in the world, successfully completed a joint pilot project to improve capture of carbon dioxide (CO2) from flue gas at a coal fired power plant at the National Carbon Capture Center (NCCC). The NCCC is a U.S. Department of Energy (DOE) research facility managed and operated by Southern Company, in Wilsonville, Alabama. Since January 2015, the project operated a pilot plant under a cooperative agreement with DOE’s National Energy Technology Laboratory (NETL). Based on the successful completion, Basf and Linde will begin larger-scale testing and explore commercial opportunities.