The Business Herald’s markets and banking reporter.

'Hot' accolade for local clean-tech company

LanzaTech chief executive Jennifer Holmgren. Photo / Supplied
LanzaTech chief executive Jennifer Holmgren. Photo / Supplied

Local clean technology developer LanzaTech has been named one of the hottest companies in bioenergy and renewable chemicals by Biofuels Digest, a respected industry website in the United States.

LanzaTech chief executive Jennifer Holmgren said the firm, whose microbe technology converts industrial waste gases into ethanol and other valuable chemicals, made it to number three on the list of the "50 Hottest Companies in Bioenergy".

The firm also made number seven on the list of the "30 Hottest Companies in Renewable Chemicals".

Holmgren said the Biofuels Digest lists are selected and ranked by subscribers to the website, an international panel of industry chief executives, reporters, trade association leaders and scientists.

"I think the LanzaTech team has done a great job moving the ball forward on all fronts - scale, chemicals, new gas streams and bringing in world-class partners," she said.

"It is wonderful to see this being recognised by the broader alternative fuels and chemicals communities."

LanzaTech has its scientific base in Parnell, while its headquarters is located in the United States.

The company, which has indicated it may list on the NZX at some point, announced this month that it had secured $15 million in additional funding from a Silicon Valley investment firm.

- NZ Herald

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