DOE Evaluates Technip and LanzaTech for $200 Million ‘Breakthrough’ Technology Prize

Technip Energies and LanzaTech Global Inc. have been chosen to start negotiations for funding by the U.S. Department of Energy for their joint effort to transform CO2 into sustainable ethylene. This funding is part of the DOE’s Industrial Demonstrations Program, awarded under the Bipartisan Infrastructure Law and Inflation Reduction Act.

The companies are collaborating on developing CO2-to-ethylene technology that captures flue gas from ethylene crackers’ furnaces and combines it with hydrogen to create ethylene. LanzaTech will use its biorecycling technology to convert recycled waste carbon into ethanol, which will then be transformed into ethylene using Technip Energies’ Hummingbird technology.

Arnaud Pieton, CEO of Technip Energies, emphasized the importance of scaling up this technology to have a significant impact on carbon emissions in the chemicals industry. The process aims to decarbonize ethylene, a critical building block for various products like plastics, clothing polyester, and PVC pipes.

If awarded, the funding will be used for designing, engineering, constructing, and equipping a commercial-scale integrated technology unit in the U.S. This innovative solution has the potential for replication in ethylene crackers worldwide, with over 40% of existing crackers already utilizing Technip Energies’ technology, including eight in the U.S.

In summary, Technip Energies and LanzaTech Global Inc.’s joint effort to transform CO2 into sustainable ethylene has received $200 million in funding from the U.S. Department of Energy’s Industrial Demonstrations Program under Bipartisan Infrastructure Law and Inflation Reduction Act.

Their collaboration involves developing CO2-to-ethylene technology that captures flue gas from ethylene crackers’ furnaces and combines it with hydrogen to create ethylene using LanzaTech’s biorecycling technology to convert recycled waste carbon into ethanol before being transformed into ethylene using Technip Energies’ Hummingbird technology.

The innovative solution has the potential for replication in other industries globally as it can decarbonize a critical building block for various products like plastics and clothing polyester.

Technip Energies CEO Arnaud Pieton highlighted that scaling up this technology is crucial to making a significant impact on carbon emissions in the chemicals industry.

If awarded $200 million in funding by USDOE’s Industrial Demonstrations Program under Bipartisan Infrastructure Law and Inflation Reduction Act they will use it for designing engineering constructing equipping commercial scale integrated unit in US

By Riley Johnson

As a content writer at newsmol.com, I dive into the depths of information to craft compelling stories that captivate and inform readers. With a keen eye for detail and a passion for storytelling, I strive to create engaging content that resonates with our audience. Whether it's breaking news, in-depth features, or thought-provoking opinion pieces, I am dedicated to delivering high-quality, informative content that keeps readers coming back for more. My goal is to bring a fresh perspective to every article I write and to make a meaningful impact through the power of words.

Leave a Reply