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Products and services HQ Hoofddorp 4/26/2023

SHV energy invests in Lanzatech

SHV Energy is committed to pioneering new solutions to offer customers an immediate, viable, and cost-effective solution to de-fossilise their off-grid energy needs. As part of that commitment, the company has developed a strong portfolio of R&D collaborations focused on developing and expanding novel routes to propane and other sustainable fuels.

A recent example of our expanding portfolio of innovative partners is LanzaTech. In March 2022, SHV Energy announced a significant collaboration between the two companies. LanzaTech is a pioneer in Carbon Capture and Transformation (CCT) innovation with an impressive track record of developing novel solutions capturing waste carbon to use as a feedstock for synthetic biology conversion into fuels and materials such as fabrics, packaging and other important consumer products. SHV Energy joined renowned strategic investors Arcelor Mittal, BASF and others in the common equity PIPE (Private Investment in Public Equity) that later merged with AMCI Acquisition Corp. II and LanzaTech (LNZA) is now trading on Nasdaq.

Developing sustainable fuels 

A key focus of the investment and collaboration between the two companies is exploring how LanzaTech expertise can help develop solutions to secure high-volume feedstocks for conversion to rLPG (renewable LPG) and other sustainable fuels, such as Futuria. Both companies are founder members of the Renewable Carbon Initiative and believe in developing practical, immediate solutions through collaboration. Using a variety of abundant waste feedstocks, LanzaTech's technology platform highlights a future where consumers are not as dependent on fossil feedstocks for many basic consumer products in their daily lives.