NZ cleantech partners with Chinese steel
NZ cleantech company LanzaTech has announced a joint venture agreement with a leading Chinese steel mill to install a demonstration waste to ethanol plant at a Chinese mill.
One of China’s oldest enterprises, Shougang Group, will construct a demonstration plant using LanzaTech technology at one of its steel mills with a view to scaling it into a fully commercial facility.
Shougang says that it is looking for technology which will help reduce the environmental impact of steel making. LanzaTech’s system ferments gas emissions created in steelmaking and produces low carbon fuels.
Mr Wang Qinghai Shougang President says the JV symbolizes Shougang desire to break the paradigm of heavy industry being a key contributor to carbon emissions. He said that “We see this JV as playing a key role in China’s low carbon future.”
The venture was announced as one of a raft of economic co-operation projects between NZ and China this week.
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