Technip Energies and LanzaTech Selected by the US Department of Energy to Receive $200M Investment for Breakthrough, Replicable Decarbonized Ethylene Commercial Facility
HOUSTON, March 25, 2024 (GLOBE NEWSWIRE) — Today, Technip Energies and LanzaTech Global, Inc. (NASDAQ: LNZA) were selected by the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for up to $200 million in Bipartisan Infrastructure Law and Inflation Reduction Act (IRA) funding as part of the Industrial Demonstrations Program (IDP). […]
ICYMI: LanzaTech and Technip selected for $200M U.S. Department of Energy Award to Commercialize Sustainable Ethylene
LanzaTech and our partner Technip Energies have been selected to receive up to a $200 million award to support our Project SECURE, which will capture CO2 emissions from traditional ethylene crackers and transform them into sustainable ethylene.