LanzaTech, Korean partner to develop green chemicals

LanzaTech (Roselle, IL), a producer of low-carbon fuels and chemicals from waste gas, and global energy and petrochemical company SK Innovation (Seoul, South Korea) have signed an agreement to develop technology for the production of the industrial platform chemical 1,3 butadiene using LanzaTech’s gas fermentation process. The companies will conduct their initial work at SK Innovation’s research center in Dae Jon, developing processes for producing a “greener” form of the chemical, which serves as a building block for a broad range of materials amounting to a $20 billion market worldwide, according to LanzaTech. “Investment in science, technology and innovation has made Korea one of the world’s most dynamic industrial economies with Korean companies increasingly renowned for the quality of their research and development work,” said Jennifer Holmgren, CEO of LanzaTech. “The partnership provides LanzaTech with an opportunity to expand and grow our green chemicals portfolio, taking another important step toward our vision of creating a diversified range of fuels and chemicals using waste gas as a resource.”

 
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