Technip Energies and LanzaTech to receive $200m from US Dept of Energy

Engineering and technology company Technip Energies and sustainable fuel producer LanzaTech have been selected by the US Department of Energy (DOE) to receive up to $200 million in investment. The funding, which comes from the Bipartisan Infrastructure Law and Inflation Reduction Act (IRA) pool of money, will be used to develop a ‘transformational technology to produce sustainable ethylene from captured carbon dioxide’.  It builds upon a collaboration first announced between the two companies in July 2023, which will work to create a new pathway to sustainable ethylene at a commercial scale. “Thanks to president Biden’s industrial strategy, DOE is making