Authorization

LanzaJet launches to make renewable jet fuel a reality

Over a fifteen year stretch, LanzaTech has developed technologies that can turn carbon emissions into ethanol that can be used for chemicals and fuel. Today, the company announced the spinout of LanzaJet alongside its corporate partners Mitsui, Suncor, and All Nippon Airways, to bring sustainable aviation fuel to the commercial market.
The new company has launched with commitments from the Japanese trading and investment company, Mitsui & Co. and Canadian oil and gas producer Suncor Energy to invest $85 million to back the first pilot and development scale facilities that LanzaJet will be constructing.
The first tranche of money, a $25 million commitment from Suncor and Mitsui will be used to build a demonstration plant that will produce 10 million gallons per year of sustainable aviation fuel and renewable diesel starting from sustainable ethanol sources.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Январь 2022    »
ПнВтСрЧтПтСбВс
 12
3456789
10111213141516
17181920212223
24252627282930
31