Author: Kit McDonnell

LanzaTech Forms Joint Venture with Olayan Financing Company to Deploy Carbon Recycling Technology in Saudi Arabia

SKOKIE, Ill., Oct. 25, 2023 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (NASDAQ: LNZA), the carbon recycling company transforming waste carbon into sustainable raw materials, and Olayan Financing Company (OFC), the parent company of The Olayan Group’s businesses and investments in Saudi Arabia and the Middle East, have formed a joint venture company in the Kingdom of Saudi Arabia […]

LanzaTech announces collaboration with Dow to introduce bio-degradable cleaning solution

SKOKIE, Ill., Sept. 29, 2023 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (NASDAQ: LNZA), the carbon recycling company transforming waste carbon into sustainable raw materials, has collaborated with Dow (NYSE: DOW) to introduce a new biodegradable surfactant to the home care market. Dow’s surfactant, EcoSense™ 2470, is made using LanzaTech’s CarbonSmart™ technology and ensures immediate market entry, while […]

LanzaTech Global, Inc. Announces Second Quarter 2023 Financial Results

Operating revenues of $12.9 million for second quarter 2023, an increase of 31% over second quarter 2022

Current cash, restricted cash, and investments of $161.1 million provides financial flexibility to execute business strategy through year-end 2024 without further need for additional capital resources

Reiterate outlook for achieving positive adjusted EBITDA by year-end 2024

Expanding geographic footprint in Europe and India with expected commercial plant startups in 2023

Updating full year 2023 revenue and adjusted EBITDA outlook due to improved project visibility and financial results to date

GAIL, LanzaTech Enter Strategic Partnership to Explore Biorecycling Carbon Waste into Fuels and Chemicals

CHICAGO, July 19, 2023 (GLOBE NEWSWIRE) — GAIL (India) Limited, India’s largest natural gas company and LanzaTech Global, Inc., (Nasdaq: LNZA)—an innovative carbon capture and utilization (“CCU”) company that converts waste carbon into products that people use in their daily lives—have entered a partnership to explore innovative technology solutions that advance GAIL’s Net Zero 2040 […]

Technip Energies and LanzaTech to Collaborate on Breakthrough CO2-to-Ethylene Technology

Technip Energies (PARIS:TE) and LanzaTech Global, Inc. (NASDAQ: LNZA) signed a Joint Collaboration Agreement to create a new pathway to sustainable ethylene utilizing their combined technologies. Together LanzaTech’s carbon capture and utilization technology with Technip Energies’ Hummingbird® technology transform waste carbon into ethylene, the most common building block in petrochemicals. Ethylene is a building block […]

LanzaTech Announces Date for Second Quarter 2023 Earnings Release and Conference Call

CHICAGO, July 07, 2023 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (Nasdaq: LNZA) (“LanzaTech” or the “Company”), the leading Carbon Capture and Transformation (“CCT”) company, today announced that it will issue its second quarter 2023 financial results before the market opens on Wednesday, August 9, 2023. A conference call will be held that same day at […]