Revolutionizing Ethylene Production: LanzaTech and Technip Energies Secure $200M Funding for Project SECURE
Key Ideas
  • LanzaTech and Technip Energies secured $200 million funding from the U.S. Department of Energy for Project SECURE, focusing on sustainable ethylene production.
  • The project aims to revolutionize ethylene production globally by utilizing captured carbon dioxide and low-carbon intensity hydrogen.
  • The partnership plans to integrate the technology into existing ethylene crackers in the U.S. Gulf Coast region, potentially impacting over 370 crackers globally.
  • LanzaTech's innovative CarbonSmart initiative goes beyond ethylene production, demonstrating how waste carbon can be transformed into valuable ethanol and raw materials for various industries.
LanzaTech Global, Inc. and Technip Energies have received $200 million in funding from the U.S. Department of Energy for their joint project, Project SECURE. This initiative targets sustainable ethylene production by recycling captured CO2 with low-carbon hydrogen. The project, led by Technip Energies and LanzaTech, envisions transforming ethylene production on a global scale by replacing fossil fuels. Dr. Jennifer Holmgren of LanzaTech emphasizes the importance of this project in enhancing efficiency, creating jobs, and supporting local communities. The Office of Clean Energy Demonstrations (OCED) is overseeing the funding, with a phased approach ensuring accountability and project quality. Beyond ethylene production, LanzaTech's CarbonSmart initiative focuses on carbon recycling in various industries, showcasing how waste carbon can be converted into valuable products. Technip Energies, known for its leadership in clean energy solutions, is committed to driving innovation in LNG, hydrogen, sustainable chemistry, and more, contributing to a cleaner, smarter world.
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