Collaboration Between LanzaTech and Wagner Sustainable Fuels
LanzaTech Global, Inc. (NASDAQ: LNZA), a pioneer in carbon recycling, along with LanzaJet, a leader in sustainable fuel technology, have kicked off a new project in collaboration with Wagner Sustainable Fuels. This initiative aims to improve the production of Sustainable Aviation Fuel (SAF) at Wagner’s Brisbane SAF Refinery by utilizing their innovative CirculAir™ platform, which cleverly transforms waste carbon and renewable energy into eco-friendly fuels.
Overview of the Project and Its Benefits
This project is focused on evaluating how the CirculAir platform can be integrated into the Brisbane facility. It has garnered substantial financial support from The Boeing Company and the Queensland Government. The anticipated outcomes include job creation in Queensland, strengthening Australia’s energy independence, and helping to lower greenhouse gas emissions from the aviation industry.
Insights from Leadership
Dr. Jennifer Holmgren, CEO of LanzaTech and Chair of the Board for LanzaJet, shared her excitement about partnering with Wagner Sustainable Fuels. She highlighted the opportunity to convert a significant portion of the jet fuel derived from fossil fuels into sustainable alternatives made from recycled carbon. The versatile technology of the CirculAir platform is designed to utilize various waste resources readily available in Australia, making it possible to meet local fuel needs.
Technical Aspects of the CirculAir Process
The CirculAir process begins with LanzaTech’s carbon recycling technology, which converts local waste streams—such as emissions from industrial activities and municipal waste—into CarbonSmart™ ethanol. Next, LanzaJet’s Alcohol-to-Jet (ATJ) technology transforms this ethanol into SAF. This approach aims to accelerate decarbonization efforts in the aviation sector by using a diverse range of locally sourced waste feedstocks to produce SAF in sufficient quantities to replace conventional jet fuels.
Significance for the Industry
This initiative highlights Australia’s role as a leader in the Sustainable Aviation Fuel sector. It underscores the collaboration between LanzaTech and LanzaJet’s established technologies to efficiently convert various waste carbon sources into sustainable fuels. According to Jimmy Samartzis, CEO of LanzaJet, this partnership is crucial for establishing a dependable supply of SAF within Australia, leveraging its abundant renewable waste resources to enhance the nation’s energy security while also protecting its natural environment.
Tackling Aviation Emissions
Shifting to SAF is vital for achieving the sustainability goals of the aviation sector. Projections suggest that SAF could contribute 65-70% of the necessary emission reductions to reach net-zero emissions by 2050. The CirculAir platform addresses historical challenges related to supply chains, high costs, and technical obstacles that the sector has faced. By converting a variety of waste sources into SAF, this technology is positioned for widespread adoption, which could lead to larger production scales and potential cost reductions for SAF on a global scale.
Aspirations for the Future
Matt Doyle, CEO of Wagner Sustainable Fuels, emphasized that this collaboration will advance the SAF industry in Australia by establishing a fully integrated SAF production facility. This development reflects a commitment to combatting the climate crisis by providing scalable domestic fuel solutions.
About the Companies Involved
LanzaTech
LanzaTech is a leader in carbon recycling technology, dedicated to converting waste carbon into sustainable fuels, chemicals, and everyday materials. Their innovative biorecycling processes capture carbon emissions at their source, transforming this captured carbon into viable alternatives to fossil fuels across a range of products.
LanzaJet
LanzaJet is focused on accelerating the clean energy transition by employing patented technologies to produce SAF and promote cleaner fuels and technologies, which are essential in the fight against climate change and in reshaping the global economy.
Wagner Sustainable Fuels
Wagner Sustainable Fuels is committed to reducing CO? emissions from challenging sectors such as aviation and heavy transport through the development of SAF and Renewable Diesel solutions.
Contact Information
LanzaTech
Investor Relations
Kate Walsh
VP, Investor Relations & Tax
Investor.Relations@lanzatech.com
Media
Kit McDonnell
Director of Communications
press@lanzatech.com
LanzaJet
Media
Meg Whitty
VP, Corporate Relations and Marketing
meg.whitty@lanzajet.com
Frequently Asked Questions
1. What is the main objective of the project between LanzaTech and Wagner Sustainable Fuels?
The primary goal of the project is to evaluate integrating the CirculAir platform into Wagner's Brisbane SAF Refinery to produce Sustainable Aviation Fuel (SAF) using waste carbon sources.
2. Who are the key financial backers involved in this project?
The project has received financial investments from The Boeing Company and the Queensland Government.
3. How does the CirculAir platform work?
The CirculAir platform converts waste carbon into CarbonSmart™ ethanol, which is then transformed into SAF through LanzaJet’s Alcohol-to-Jet technology.
4. Why is transitioning to Sustainable Aviation Fuel important?
Transitioning to SAF is essential for reducing aviation industry emissions, with SAF expected to account for a significant portion of the emission reductions required to meet net-zero targets by 2050.
5. What are the expected benefits of this collaboration for Australia?
This collaboration aims to create jobs, enhance domestic energy security, and reduce greenhouse gas emissions, positioning Australia as a leader in the SAF sector.
