in this issue
Regions :: North America :: U.S.
LanzaTech closes $15-million debt financing deal
3:48 PM MDT | October 4, 2012 | Rebecca Coons
Gas fermentation firm LanzaTech (Chicago) says it has closed a $15 million debt financing from Western Technology Investment (WTI), a private investment firm based in Silicon Valley. LanzaTech has developed a microorganism that can produce ethanol and chemicals from carbon monoxide (CO), unlike the sugar and starch consumed by most fermentation platforms. LanzaTech and Invista, a major consumer of butadiene for nylon 6,6 production, recently signed an agreement to will initially focus on converting 2,3-butanediol (BDO) produced by LanzaTech’s process...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee