Page 165 - CW E-Magazine (16-7-2024)
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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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