LanzaTech lands NZ Company of the Year
In New Zealand, LanzaTech has won the NZBIO 2011 Company of the Year Award, and cofounder and chief scientist Dr Sean Simpson has won the 2011 Young Biotechnologist of the Year award. Dr Simpson said, “In the past 18 months our progress has accelerated and we are seeing our strategies come to fruition.
LanzaTech shows it is possible for a New Zealand biotech company to successfully take its technology to the world. LanzaTech first focused on proving it could ferment waste gases from steel mill flues to make a low cost ethanol. It took its patented process and microbe to the Glenbrook Steel Mill near Auckland and ran a pilot plant producing ethanol for more than two years. Now it is working with Baosteel in China, Posco in Korea and IndianOil to scale plants that will produce commercial levels of ethanol.
Category: Fuels
