European oil giant Shell joined as an investor in LanzaJet to advance the Illinois-based company’s global growth, accelerate commercialization of its technology, and scale the production of Sustainable Aviation Fuel (SAF). Shell joined founding investors in LanzaJet, including LanzaTech, Suncor Energy Inc., Mitsui & Co., Ltd., and more recently, British Airways, as well as participation from All Nippon Airways. In addition to its initial investment in LanzaJet and similar to the phased investment approach used with all of the LanzaJet investors, Shell will have the opportunity to make further investments in the construction of larger-scale production facilities over the coming years.
Switzerland’s largest retail company, Migros, and its subsidiary, Mibelle Group, have launched a new range of cleaning products, containing LanzaTech ethanol made from recycled pollution. The Beijing Shougang LanzaTech New Energy Science & Technology Co., Ltd. a joint venture between carbon recycler, LanzaTech, Shougang Group, a leading Chinese iron and steel producer, Shougang FUND, DEHUI group and its New Zealand partner, TangMing, has been producing ethanol from recycled steel mill emissions in China, since 2018. Over 80 Tons of this ethanol, has been shipped to Europe and used in the Migros Plus Oeko Power and Potz cleaning ranges in Mibelle Group’s portfolio. These products are now on sale in Migros supermarkets in Switzerland.
IL BIOECONOMISTA 