SHV Energy, LanzaTech partner to produce renewable propane

March 24, 2022 By    

SHV Energy and LanzaTech NZ Inc. entered into a strategic partnership to employ LanzaTech’s carbon capture and transformation (CCT) technology and bring renewable propane and other sustainable fuels to the market via existing and novel pathways.

The collaboration is intended to expand LanzaTech’s existing CCT technology and synthetic biology platform, which transform waste carbon into sustainable fuels and other materials such as fabrics and packaging.

During the past few years, SHV Energy has engaged in research and development collaborations to develop and expand novel routes to renewable propane and other sustainable fuels.

“This strategic collaboration is an important addition to our portfolio of activities to explore, develop and champion renewable propane and other sustainable liquid gas solutions for millions of customers around the world,” says Bram Gräber, CEO of SHV Energy, in a press release. “We know LanzaTech to be an entrepreneurial, result-oriented and, above all, successful company of innovators, and are excited to pool resources with its team to find solutions for both current and future LPG customers.”

SHV Energy became an investor in the common equity PIPE (private investment in public equity) that LanzaTech announced on March 8 in conjunction with its intention to go public through a business combination transaction with AMCI Acquisition Corp. II.

“Together, [SHV Energy and LanzaTech] are showing the world that an alternative to our heavy reliance on virgin fossil fuels used in the manufacturing of so many consumer products – from textiles, packaging and aviation fuel to renewable propane – currently exists,” says Jennifer Holmgren, CEO of LanzaTech. “This alternative, circular carbon economy, based on the readily available carbon already above ground, is large enough to make a meaningful long-term impact on our society’s climate goals today. Now more than ever, we must embrace waste-based solutions that enable global energy security.”

Both LanzaTech and SHV Energy are founding members of the Renewable Carbon Initiative.

SHV Energy distributes off-grid energy such as LPG and LNG and is active in the area of sustainable fuels and renewable energy solutions. SHV Energy is a wholly owned subsidiary of SHV, a family-owned multinational, and consists of a group of specialized energy companies. The company’s brands include Calor, Ipragaz, Liquigas, Pinnacle, Primagas, Primagaz and Supergasbras.

With expertise in synthetic biology, bioinformatics, artificial intelligence, machine learning and engineering, Illinois-based LanzaTech has created a platform that converts waste carbon into products that would otherwise come from virgin fossil resources. LanzaTech employs more than 300 people.

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