ADNOC and LanzaTech join hands for biotech solutions

LanzaTech Global (NASDAQ:LNZA) and ADNOC have entered a partnership to explore innovative technology solutions to reduce the industry's carbon footprint while producing sustainable fuels and chemicals.
LanzaTech’s CCT technology uses proprietary bacteria that consume carbon-rich waste streams from oil, gas, and manufacturing facilities, and convert it into CarbonSmart chemical intermediates for the production of rubber, plastics, synthetic fibers, and other hydrocarbons.
To facilitate developments on the path to a circular economy and net-zero energy sourcing, ADNOC and LanzaTech will explore potential opportunities with gas fermentation technology for the production of ethanol and other chemical intermediates—such as carbon negative acetone and isopropanol from waste gases as well as the production of SAF.