Technip Energies and LanzaTech Awarded Funding from the U.S. Department of Energy for Commercializing Breakthrough CO2 to Ethylene Technology
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Technip Energies and LanzaTech have received up to $200 million in funding from the U.S. Department of Energy to commercialize a CO2 to ethylene technology.
December 18, 2024 | 8:15 pm
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LanzaTech has been awarded up to $200 million in funding from the U.S. Department of Energy to develop a CO2 to ethylene technology.
The significant funding from the U.S. Department of Energy is likely to boost LanzaTech's development of its CO2 to ethylene technology, potentially leading to increased investor confidence and a positive impact on its stock price.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90