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Technip Energies & LanzaTech Awarded Funding For CO2 to Ethylene Technology

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Kate Rainford

Kate is our Junior Writer at Tank Storage Magazine

Technip Energies and LanzaTech have announced that the US Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) has committed up to $200 million (€192 million) in federal funding and authorised the initiation of Phase 1 of their sustainable ethylene from CO2 utilisation with renewable energy project (Project SECURE).

Project SECURE aims to provide an integrated commercial process which takes captured carbon dioxide from ethylene production and recycles it with low carbon intensity hydrogen to create sustainable ethanol and ethylene. This joint technology solution is intended to first be deployed in the US Gulf Coast region for integration directly into an existing commercial ethylene cracker and has significant replication potential for ethylene crackers worldwide.

Arnaud Pieton, CEO at Technip Energies says: ‘We are pleased to receive the Phase 1 award from the OCED and begin the engineering design work to progress the development of this innovative technology. The global population is expected to continue to rise by 2050, bringing with it a greater demand for consumer goods that rely on ethylene.’

Jennifer Holmgren, chair and CEO of LanzaTech adds: ‘We are thrilled to reach this milestone and commence work on this important project. Ethylene is a key building block for thousands of chemicals and materials, and is often referred to as the world’s most important chemical.’

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