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World News and Views :: Top of the News
LanzaTech Buys Idle Ethanol Unit
1:35 PM MST | January 12, 2012 | Rebecca Coons and Deepti Ramesh
Renewable fuels and chemicals firm LanzaTech (Auckland, New Zealand) says it has bought a foreclosed Soperton, GA biomass gasification and thermochemical ethanol production complex at auction for $5.1 million, and plans to retrofit the site with its own microbial fermentation technology to produce biobased ethanol and chemicals. LanzaTech's $5.1-million bargain. LanzaTech CEO Jennifer Holmgren tells CW the facility, dubbed Freedom Pines, will be the start-up’s first production plant in North America, although specifics on timing, retrofit costs, and...
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