15 October 2012 10:05 [Source: ICIS news]
“Waste CO2 from Petronas operations will be captured by LanzaTech’s process to create economic routes to acetic acid,” the company said in a statement.
Acetic acid is considered a high-value chemical that is used in polymers.
“Rather than trying to sequester carbon deep into the earth, we will ‘bury’ it in a chemical. In this way, companies can not only comply with emissions reduction requirements, but also generate revenue along the way,” LanzaTech CEO Jennifer Holmgren said in the statement.
LanzaTech’s currently owns a proprietary fermentation process that converts carbon monoxide (CO) in industrial waste gases, reformed natural gas and gas derived from any biomass source, into low carbon fuels and chemicals.
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