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.
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.
“LanzaTech’s entrepreneurial journey from start up to Nasdaq is full of the ‘can do’ mentality we need for rLPG innovation!”
Rebecca Groen, Director of Sustainable Fuels, SHV Energy
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