LanzaTech and ArcelorMittal Reach Milestone in Ethanol Production
December 11, 2024
CHICAGO, Dec. 11, 2024 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech”), the carbon recycling company transforming above-ground carbon into sustainable fuels, chemicals, materials, and protein, and ArcelorMittal S.A. (NYSE: MT) (“ArcelorMittal”), the world’s leading integrated steel and mining company, today announced that ethanol from ArcelorMittal’s commercial flagship Steelanol facility in Ghent, Belgium, has achieved a production milestone whereby ethanol volumes have ramped to a significant enough level to support large-scale shipping by barge. LanzaTech took title to the first barge shipment earlier this month, and the ethanol is en route to be purified and sold to LanzaTech’s CarbonSmart customers such as Coty. This achievement progresses LanzaTech and ArcelorMittal’s joint strategy to develop a thriving European supply chain for sustainable ethanol produced in the region.
Impact on Individuals
This milestone in ethanol production signifies a significant step towards a more sustainable future. By transforming above-ground carbon into sustainable fuels, chemicals, and materials, companies like LanzaTech and ArcelorMittal are helping reduce our reliance on traditional fossil fuels and minimize our carbon footprint. As a consumer, you may soon see more products made with sustainable ethanol, leading to a greener and more environmentally friendly market.
Impact on the World
The collaboration between LanzaTech and ArcelorMittal has broader implications for the world as a whole. As the demand for sustainable alternatives to traditional fossil fuels grows, the development of a thriving European supply chain for sustainable ethanol sets a precedent for other regions to follow. This achievement not only highlights the potential for carbon recycling technologies to make a significant impact on global sustainability efforts but also paves the way for a more sustainable future for all.
Conclusion
The milestone reached by LanzaTech and ArcelorMittal in ethanol production marks a significant achievement in the journey towards a more sustainable future. By transforming above-ground carbon into sustainable fuels and materials, these companies are leading the way in reducing our environmental impact and creating a more sustainable world for future generations.
