U.S. carbon utilization company LanzaTech (Nasdaq: LNZA) said it will partner with the Abu Dhabi National Oil Company (ADNOC) to explore innovative biotechnology solutions that would allow the industry to reduce its carbon footprint while at the same time producing sustainable fuels and chemicals.
LanzaTech utilizes its carbon capture and transformation (CCT) technology to transform waste carbon into products for everyday use such as sustainable fuels, fabrics, and packaging.
As part of their partnership, LanzaTech and ADNOC will explore the potential of gas fermentation technology to produce ethanol and other chemical intermediates, for example carbon negative acetone and isopropanol, from waste gases (including carbon monoxide, hydrogen, and carbon dioxide). Another possible use of this new technology is the production of sustainable aviation fuel (SAF).
“Addressing climate change requires a multi-stakeholder approach,” Jennifer Holmgren, LanzaTech’s CEO, said in a comment to the deal. “We’re energized by this partnership’s ability to help decarbonize one of the largest energy providers in the world, enabling them to showcase this real-world application to peers in the industry,” she added.
According to the executive, the strategic deal with ADNOC will also contribute to advancing the Partnership for Accelerating Clean Energy (PACE) between the USA and the UAE.
LanzaTech’s proprietary technology is based on bacteria that feed on carbon-rich waste from the oil, gas, and manufacturing industries, and convert it into CarbonSmart™ chemical intermediates.
They are then used to produce rubber, plastics, synthetic fibers, and other hydrocarbons which serve as raw materials for various consumer products including clothing, laundry detergent and even SAF.