PETRONAS, LanzaTech to produce sustainable chems from waste gases

15 October 2012 10:05  [Source: ICIS news]

SINGAPORE (ICIS)--Malaysia’s state oil firm PETRONAS and LanzaTech will work together to develop and commercialise technologies that will convert carbon dioxide (CO2) and natural gas into sustainable chemicals, including acetic acid, the New Zealand-based technology firm said on Monday.

“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.

By: Surinder Malhi
+65 6780 4327

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