Page 165 - CW E-Magazine (16-7-2024)
P. 165
News from Abroad
anticipated is comparable to that typi- completion, New Energy Blue and faster replacement of fossil oil and
cally seen with first-generation ethanol ARCO/Murray have agreed to extend gas-refined fuels and chemicals with
facilities, according to the organisations. their partnership to four more New biomass-refined. The partners envision
Local corn growers stand to benefit by Energy biomass refineries in the next exponential growth – 15 biomass refi-
not only selling their excess corn stalks five years, clustered near the first. neries operating by 2030, 150 by 2040,
to the refinery but also participating in and 500 by 2050 – generating an annual
profit-sharing through the New Energy As the refineries proliferate, New total of 21-billion gallons of 2G etha-
Farmers business unit. Energy Blue’s CEO Mr. Thomas Corle nol from leftover stalks and straws as
said the plan is to license the technical well as perennial energy grasses like
Following Freedom’s successful and business model in order to allow miscanthus.
ACCELERATING DECARBONISATION
LanzaTech and LanzaJet launch new SAF production
technology
Synthetic biology and engineering any country by transforming waste based feedstocks into SAF. Widespread
company, LanzaTech, and LanzaJet, or recycled carbon. Dr. Jennifer adoption is projected to accelerate the
a sustainable fuels producer, have Holmgren, CEO of LanzaTech and production and economies of scale nece-
launched ‘CirculAir’, a new joint offer- Board Chair of LanzaJet, emphasised ssary to bring down the global cost of
ing to convert waste, carbon emissions, the potential of abundant waste cabon SAF.
and renewable power into sustainable to eliminate reliance on fossil resources
aviation fuel (SAF). for travel. “CirculAir brings to market a revo-
lutionary, integrated pathway to convert
According to the companies, Cir- The announcement comes in the carbon and waste inventories across our
culAir is a breakthrough offering that backdrop of the aviation industry seek- global society as well as the ability to
provides an economical and commer- ing to achieve net zero emissions by utilise emerging renewable power sup-
cialised alternative to Fischer-Tropsch 2050. SAF is estimated to account for ply and CO through direct air capture
2
technology to create eFuels, Power- 65-70% of the overall emissions reduc- as an economical and commercially
to-Liquids (PtL), and Waste-to-Fuels. tion required. viable approach to creating SAF,” said
It leverages LanzaTech’s gas fermen- Mr. Samartzis.
tation technology to transform waste However, historic supply con-
resources into CarbonSmart etha- straints, high costs, and technical barri- “Over 100-billion gallons of fossil
nol. Subsequently, LanzaJet’s Alco- ers have made it difficult for the indus- fuel-derived jet fuel are consumed each
hol-to-Jet (ATJ) technology converts try to default to SAF as the primary fuel year – with our joint technology, we
this ethanol into SAF. The process is source. CirculAir is expected to address can turn that into 100-billion gallons of
adaptable to various waste sources, these challenges as the technology reliable jet fuel powered by recycled
including municipal solid waste, agri- is able to turn a wide range of waste- carbon,” said Dr. Holmgren.
cultural residues, and carbon emissions
from industrial processes. Johnson Matthey closes medical
The SAF made through this process device components sale
is expected to reduce aviation emissions
by at least 85% and can also produce
carbon negative results, depending on UK’s Johnson Matthey (JM) has debt-free basis. The deal was first
the feedstock. announced the completion of the announced in March 2024. The com-
sale of its Medical Device Compo- pany’s board plans to return £250-mn
According to LanzaJet CEO Mr. nents business (MDC) to Montagu of the net proceeds from the sale by
Jimmy Samartzis, CirculAir is poised Private Equity for cash consideration way of an on-market share buyback
to create a domestic SAF supply in of $700-mn (£550-mn) on a cash-free programme.
Chemical Weekly July 16, 2024 165
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