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LanzaTech Buys Idle Ethanol Facility in Georgia

7:24 AM MST | January 20, 2012 | Rebecca Coons and Deepti Ramesh

LanzaTech Bargain: New Zealand firm paid just $5.1 million for the idle gasification and ethanol unit. 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 CEO Jennifer Holmgren tells CW the facility, Freedom Pines, will be the start-up’s first production plant in North...

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