ArcelorMittal and LanzaTech Announce Ethanol Production Milestone and Shipment of First Barge from Flagship Steelanol Facility in Belgium
LanzaTech (NASDAQ: LNZA) and ArcelorMittal announced a significant milestone at their Steelanol facility in Ghent, Belgium, where ethanol production has reached volumes supporting large-scale barge shipping. The facility, which began production in 2023, converts carbon-rich industrial emissions from blast furnaces into fuel-grade ethanol using LanzaTech's carbon recycling technology.
The first barge shipment has been transferred to LanzaTech and will be purified for CarbonSmart customers like Coty. The Steelanol plant has an annual production capacity of 80 million litres of advanced ethanol, representing about half of Belgium's current demand. The facility is expected to reduce carbon emissions by 125,000 tonnes annually, supporting the EU's goal to reduce greenhouse gas emissions by 55% by 2030.
LanzaTech (NASDAQ: LNZA) e ArcelorMittal hanno annunciato un traguardo significativo presso il loro impianto Steelanol a Gand, in Belgio, dove la produzione di etanolo ha raggiunto volumi sufficienti per la spedizione su larga scala via chiatta. L'impianto, avviato nel 2023, converte le emissioni industriali ricche di carbonio provenienti dai forni a coke in etanolo di grado carburante utilizzando la tecnologia di riciclo del carbonio di LanzaTech.
La prima spedizione via chiatta è stata trasferita a LanzaTech e sarà purificata per i clienti CarbonSmart come Coty. L'impianto Steelanol ha una capacità di produzione annuale di 80 milioni di litri di etanolo avanzato, che rappresenta circa la metà della domanda attuale del Belgio. Si prevede che l'impianto riduca le emissioni di carbonio di 125.000 tonnellate all'anno, contribuendo all'obiettivo dell'UE di ridurre le emissioni di gas serra del 55% entro il 2030.
LanzaTech (NASDAQ: LNZA) y ArcelorMittal anunciaron un hito importante en su instalación Steelanol en Gante, Bélgica, donde la producción de etanol ha alcanzado volúmenes que permiten el envío a gran escala por barcaza. La instalación, que comenzó su producción en 2023, convierte las emisiones industriales ricas en carbono de los altos hornos en etanol de grado combustible utilizando la tecnología de reciclaje de carbono de LanzaTech.
El primer envío en barcaza ha sido transferido a LanzaTech y será purificado para clientes de CarbonSmart como Coty. La planta Steelanol tiene una capacidad de producción anual de 80 millones de litros de etanol avanzado, que representa aproximadamente la mitad de la demanda actual de Bélgica. Se espera que la instalación reduzca las emisiones de carbono en 125,000 toneladas anuales, apoyando el objetivo de la UE de reducir las emisiones de gases de efecto invernadero en un 55% para 2030.
LanzaTech (NASDAQ: LNZA)와 ArcelorMittal은 벨기에 겐트에 있는 Steelanol 시설에서 에탄올 생산이 대규모 바지선 운송을 지원할 수 있는 수준에 도달했음을 발표했습니다. 2023년에 생산을 시작한 이 시설은 룬자텍의 탄소 재활용 기술을 사용하여 고로에서 발생하는 탄소가 많은 산업 배출물을 연료 등급의 에탄올로 전환합니다.
첫 번째 바지선 선적은 LanzaTech로 전송되었으며 Coty와 같은 CarbonSmart 고객을 위해 정제될 예정입니다. Steelanol 공장은 연간 8천만 리터의 고급 에탄올을 생산할 수 있으며, 이는 현재 벨기에 수요의 약 절반을 차지합니다. 이 시설은 매년 12만 5천 톤의 탄소 배출량을 줄일 것으로 예상되며, 2030년까지 온실가스 배출량을 55% 줄이려는 EU의 목표를 지원합니다.
LanzaTech (NASDAQ: LNZA) et ArcelorMittal ont annoncé une étape significative dans leur installation Steelanol à Gand, en Belgique, où la production d'éthanol a atteint des volumes permettant un transport par barge à grande échelle. L'installation, qui a commencé sa production en 2023, convertit les émissions industrielles riches en carbone provenant des hauts fourneaux en éthanol de qualité carburant grâce à la technologie de recyclage du carbone de LanzaTech.
Le premier envoi par barge a été transféré à LanzaTech et sera purifié pour des clients CarbonSmart comme Coty. L'usine Steelanol a une capacité de production annuelle de 80 millions de litres d'éthanol avancé, représentant environ la moitié de la demande actuelle de la Belgique. On s'attend à ce que l'installation réduise les émissions de carbone de 125 000 tonnes par an, soutenant l'objectif de l'UE de réduire les émissions de gaz à effet de serre de 55 % d'ici 2030.
LanzaTech (NASDAQ: LNZA) und ArcelorMittal haben einen bedeutenden Meilenstein in ihrer Steelanol-Anlage in Gent, Belgien, angekündigt, wo die Ethanolproduktion Volumina erreicht hat, die den großflächigen Transport mit Binnenschiffen unterstützen. Die Anlage, die 2023 in Betrieb genommen wurde, wandelt kohlenstoffreiche Industrieemissionen aus Hochöfen in kraftstofftaugliches Ethanol um, wobei die Carbon-Recycling-Technologie von LanzaTech zum Einsatz kommt.
Die erste Binnenschiff-Lieferung wurde an LanzaTech übergeben und wird für CarbonSmart-Kunden wie Coty gereinigt. Das Steelanol-Werk hat eine jährliche Produktionskapazität von 80 Millionen Litern fortgeschrittenem Ethanol, was etwa der Hälfte des aktuellen Bedarfs Belgiens entspricht. Es wird erwartet, dass die Anlage die Kohlenstoffemissionen um 125.000 Tonnen jährlich reduziert und damit das Ziel der EU unterstützt, die Treibhausgasemissionen bis 2030 um 55% zu senken.
- Reached production volumes supporting large-scale barge shipping
- 80 million liters annual production capacity, representing 50% of Belgium's ethanol demand
- Expected reduction of 125,000 tonnes in annual carbon emissions
- First commercial shipment secured with established customer (Coty)
- None.
Insights
The successful production ramp-up and first barge shipment of ethanol from ArcelorMittal's Steelanol facility marks a significant milestone in industrial carbon capture utilization. With an 80 million liter annual capacity, representing about half of Belgium's ethanol demand, this facility demonstrates the commercial viability of carbon recycling at scale. The 125,000-tonne annual CO2 reduction potential validates the technology's environmental impact. This achievement could accelerate market adoption of carbon recycling technologies and strengthen LanzaTech's position in the growing circular economy market.
The facility's ability to convert steel production emissions into valuable products like fuel-grade ethanol and consumer goods inputs creates multiple revenue streams while addressing industrial decarbonization. This successful demonstration could lead to additional implementations across ArcelorMittal's global operations and other industrial facilities, potentially expanding LanzaTech's technology licensing opportunities and recurring revenue from ethanol sales.
This development represents a tangible proof point in industrial decarbonization and circular economy implementation. The Steelanol facility addresses two critical ESG themes: industrial emission reduction and sustainable material sourcing. The project's alignment with the EU's 2030 Climate Target Plan enhances its strategic value and regulatory compliance. For investors, this successful implementation demonstrates LanzaTech's ability to execute large-scale projects with major industrial partners.
The establishment of a European supply chain for sustainable ethanol positions both companies favorably in the growing market for environmentally conscious consumer products. Partnerships with consumer brands like Coty validate the commercial demand for sustainable materials. This project could serve as a blueprint for similar installations globally, potentially creating significant scaling opportunities for LanzaTech's technology and recurring revenue streams.
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.
ArcelorMittal’s Steelanol facility is converting carbon-rich industrial emissions from its blast furnace into fuel-grade ethanol by using leading carbon recycling technology developed by LanzaTech. Ethanol production commenced in 2023, and the facility is a first-of-its-kind for the European steel industry. The produced ethanol can be sold directly into fuel markets or further purified or converted for use in a wide array of consumer products such as apparel, personal care, and packaging.
“This production milestone represents an important step toward treating industrial emissions as raw materials—rather than waste—to profitably support European supply chains in the creation of everyday products,” said Dr. Jennifer Holmgren, Chair and CEO of LanzaTech. “Our mission at LanzaTech is to capture carbon for utilization over and over so that we do not need to continue extracting significant volumes of fossil carbon from the ground. Together with ArcelorMittal, we look forward to building upon this achievement and expanding our operations together as we continue to advance an enduring global circular economy.”
"We are excited to have reached another significant milestone in our decarbonisation journey: the first shipment of ethanol by barge,” said Manfred Van Vlierberghe, CEO of ArcelorMittal Belgium. “This achievement marks the next crucial step after the successful first industrial and commercial production of ethanol, made possible by the dedication of our team and our strong partnership with LanzaTech. With initiatives such as Steelanol, which converts carbon-rich gases into ethanol, and Torero, which produces biocoal from waste wood, we are already making substantial progress in reducing CO2 emissions. Addressing climate challenges however requires a holistic approach, where sustainability initiatives such as energy efficiency, CCUS and electrification play key roles alongside Steelanol. Together, we are committed to a clear roadmap for achieving climate neutrality by 2050."
ArcelorMittal’s Steelanol plant has the capacity to produce 80 million litres annually of advanced ethanol, around half of the total current demand in Belgium. It expects to reduce carbon emissions from the facility in Ghent by 125,000 tonnes annually, thereby advancing the EU’s 2030 Climate Target Plan to reduce greenhouse gas emissions by
About LanzaTech
LanzaTech Global, Inc. (NASDAQ: LNZA) is the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein for everyday products. Using its biorecycling technology, LanzaTech captures carbon generated by energy-intensive industries at the source, preventing it from being emitted into the air. LanzaTech then gives that captured carbon a new life as a clean replacement for virgin fossil carbon in everything from household cleaners and clothing fibers to packaging and fuels. By partnering with companies across the global supply chain like ArcelorMittal, Coty, Craghoppers, REI, and LanzaJet, LanzaTech is paving the way for a circular carbon economy. For more information about LanzaTech, visit https://lanzatech.com.
About ArcelorMittal
ArcelorMittal is one of the world's leading steel and mining companies, with a presence in 60 countries and primary steelmaking facilities in 15 countries. In 2023, ArcelorMittal had revenues of
Our goal is to help build a better world with smarter steels. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for electric vehicles and renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change. This is what we believe it takes to be the steel company of the future.
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS). For more information about ArcelorMittal please visit: https://corporate.arcelormittal.com
Forward Looking Statements
This press release includes forward-looking statements regarding, among other things, the plans, strategies, and prospects, both business and financial, of LanzaTech. These statements are based on the beliefs, assumptions, projections and conclusions of LanzaTech’s management. Forward-looking statements are inherently subject to risks, uncertainties and assumptions, many of which are outside LanzaTech’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. LanzaTech cannot assure you that it will achieve or realize these plans, intentions or expectations. Forward-looking statements are not guarantees of future performance, conditions or results, and you should not rely on forward-looking statements.
Generally, statements that are not historical facts, including those concerning possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” “intends” or similar expressions. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: timing delays in the advancement of projects to the final investment decision stage or into construction; failure by customers to adopt new technologies and platforms; fluctuations in the availability and cost of feedstocks and other process inputs; the availability and continuation of government funding and support; broader economic conditions, including inflation, interest rates, supply chain disruptions, employment conditions, and competitive pressures; unforeseen technical, regulatory, or commercial challenges in scaling proprietary technologies, business functions or operational disruptions; and other economic, business, or competitive factors, and other risks and uncertainties, including the risk factors and other information contained in LanzaTech’s most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q, as well as other existing and future filings with the U.S. Securities and Exchange Commission.
Any forward-looking statement herein is based only on information currently available to LanzaTech and speaks only as of the date on which it is made. LanzaTech undertakes no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
LanzaTech Global, Inc.
Investor Relations
Kate Walsh
VP, Investor Relations & Tax
Investor.Relations@lanzatech.com
Media Relations
Kit McDonnell
Director of Communications
press@lanzatech.com
ArcelorMittal
- Paul Weigh, ArcelorMittal Corporate Communications
press@arcelormittal.com | +44 203 214 2419
- Sophie Evans, ArcelorMittal Europe Communications
sophie.evans@arcelormittal.com | +44 782 559 5849
- Jan Cornelis, Country Manager ArcelorMittal Belgium
jan.cornelis@arcelormittal.com | +32 9 347 35 72 | +32 499 599 394
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/846c176b-5def-40f7-b2b3-7afa10b0be57
FAQ
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