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Congrats to LanzaTech on winning the Young Global Leader Award for Circular Economy Entrepreneur as part of the 2016 Circulars Award program

ArcelorMittal partner LanzaTech wins prestigious WEF Circular Economy award

ArcelorMittal partner LanzaTech wins prestigious WEF Circular Economy award

Our congratulations go to LanzaTech on winning the Young Global Leader Award for Circular Economy Entrepreneur as part of the 2016 Circulars Award program, organised by the World Economic Forum’s Young Global Leaders.

The Circulars, the world’s premier circular economy award program, offers recognition to individuals and organisations from commerce and civil society across the globe that have made a notable contribution to driving circular economy principles – where growth doesn’t depend on the use of scarce natural resources.

In July 2015, ArcelorMittal announced its partnership with LanzaTech and intent to construct Europe’s first-ever commercial scale production facility to create bioethanol from waste gases produced during the steelmaking process. The resulting bioethanol can cut greenhouse gas emissions by over 80% compared with conventional fossil fuels. It will predominantly be used in gasoline blending, but it can also be further processed into other products such as drop in jet fuel.

Construction of the €87 million flagship pilot project, which will be located at ArcelorMittal’s steel plant in Ghent, Belgium, has commenced, with bioethanol production expected to start in 2017.

Approximately 50% of the carbon used in the chemistry of steelmaking leaves the process as carbon monoxide. Today, this waste gas stream is either flared or used to heat and power the steel mill. In either case, the carbon monoxide is combusted and the resulting CO2 is emitted. LanzaTech’s technology, however, recycles the waste gases and ferments them with a proprietary microbe to produce bioethanol. Every tonne of bioethanol produced, displaces 5.2 barrels of gasoline as well as reducing ArcelorMittal’s CO2 emissions by 2.3 tonnes.

Commenting at the time the project was announced, Carl De Maré, Vice President of Emerging Technologies, ArcelorMittal, said: “This partnership is an example of how we are looking at all potential opportunities to reduce COemissions and support a transition to a lower carbon economy. Steel is produced through a chemical process that results in high levels of waste gases being emitted; this new technology will enable us to convert some of these waste gases into fuels that deliver significant environmental benefits when compared to conventional fossil fuels. It is an example of why our carbon footprint should be viewed on a life cycle analysis basis, given steel is 100% recyclable and the material impact we make on reducing the carbon footprint of our customers through product innovation.”

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