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LanzaTech Global, Inc. - LNZA STOCK NEWS

Welcome to our dedicated page for LanzaTech Global news (Ticker: LNZA), a resource for investors and traders seeking the latest updates and insights on LanzaTech Global stock.

LanzaTech Global, Inc. (NASDAQ: LNZA) is a pioneering company in the field of carbon recycling, dedicated to transforming waste carbon into valuable materials used in everyday products. Leveraging an innovative biorecycling technology, LanzaTech captures carbon at the source from energy-intensive industries, preventing its release into the atmosphere. This captured carbon is then converted into sustainable raw materials for products such as fuels, fabrics, and packaging, effectively reducing the dependency on virgin fossil fuels. The company is at the forefront of promoting a circular carbon economy, collaborating with global partners including ArcelorMittal, Zara, H&M Move, Coty, and On.

Under the visionary leadership of Dr. Jennifer Holmgren, LanzaTech has achieved significant milestones. The company has established itself as the first carbon capture and utilization technology firm to go public, showcasing the viability of its commercial-scale biorecycling approach. To date, LanzaTech has successfully prevented over 330,000 tonnes of carbon from entering the atmosphere across six commercial plants, with a growing capacity to abate 500,000 tonnes of CO2 annually.

Dr. Holmgren's exceptional contributions have earned her recognition in TIME's inaugural Climate 100 list, which honors influential leaders driving climate action. Her background includes key roles at UOP LLC, a Honeywell Company, and numerous advisory positions across various prestigious organizations.

LanzaTech continues to expand its reach and impact through strategic partnerships and projects, including a recent feasibility study aimed at enhancing the US-UAE partnership in accelerating clean energy and advancing waste management within a circular carbon economy.

For more information about LanzaTech, visit their website.

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LanzaJet and LanzaTech have been selected to support a study on the commercial viability and sustainability of sustainable aviation fuel (SAF) production in New Zealand. The study will focus on using domestic waste products, particularly forestry residue, to produce low-carbon ethanol and convert it into SAF. The goal is to enable energy independence, infrastructure development, and economic growth while reducing emissions. Z Energy, New Zealand's largest fuel retailer, will evaluate the supply chain and economic impact. Air New Zealand and the New Zealand Government are investing in the study to support their decarbonization goals.
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LanzaTech and Plastipak announce the production of PPKNatura, the world's first PET resin made from captured carbon emissions. The resin is suitable for various packaging applications and reduces greenhouse gas emissions. Leading Swiss retailer Migros is the first to use this PET in their packaging.
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LanzaTech Global and ADNOC have partnered to explore technology solutions to reduce the industry's carbon footprint and produce sustainable fuels and chemicals. LanzaTech's CCT technology converts waste carbon into materials for consumer products and sustainable aviation fuel. The partnership aims to facilitate developments towards a circular economy and net-zero energy sourcing.
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LanzaTech Global has announced the appointment of Aura Cuellar as Executive Vice President of Growth and Strategic Projects. Cuellar, former Shell US Vice President of Energy Transition, brings experience in running large-scale capital projects. LanzaTech aims to accelerate project deployment and capital with the help of Cuellar and its strategic funding partnership with Brookfield Renewable. The company has a strong project pipeline and plans to build additional commercial facilities.
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LanzaTech Global, Inc. (Nasdaq: LNZA) announced it will release its Q1 2023 financial results on May 15, 2023, prior to the market opening. A conference call is scheduled for the same day at 8:30 A.M. ET to discuss these results and recent events. Investors and stakeholders can access the call through a live webcast. The replay will be available shortly after the call, accessible for a limited period. LanzaTech focuses on Carbon Capture and Transformation, converting waste carbon into sustainable materials like fuels and packaging, promoting a circular carbon economy.

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LanzaTech UK Ltd has proposed Wales' first carbon recycling facilities in Port Talbot, aiming to convert emissions into Sustainable Aviation Fuel (SAF). The initiative, known as Project Dragon, seeks planning permission for a commercial-scale Alcohol-to-Jet facility designed to supply around 1% of the UK’s jet fuel needs, reducing aviation's climate impact by over 70%. Funded by a £25 million grant from the Department for Transport’s Advanced Fuels Fund, construction is set to begin in 2025. LanzaTech's innovative processes will employ a naturally occurring organism to convert greenhouse gases into sustainable ethanol. The project represents a significant step towards the UK's net zero goals, fostering long-term green jobs and revitalizing the local economy.

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LanzaTech Global reports its 2022 financial results and projects significant growth for 2023. Total revenue for 2023 is anticipated to range from $80 million to $120 million, a substantial increase from $37.3 million in 2022. The company aims to improve its Adjusted EBITDA to a loss between $(65 million) and $(55 million), compared to a loss of $(69.2 million) in 2022. LanzaTech currently holds $230 million in cash post-transaction, allowing it to fund operations until achieving positive Adjusted EBITDA by the end of 2024. The company’s growth is driven by new projects and operational plants.

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LanzaTech Global has achieved RSB certification, validating its commitment to sustainability and social responsibility. The certification confirms LanzaTech's compliance with the RSB Global Standard, bolstering customer confidence in the sustainability of its products. CEO Jennifer Holmgren emphasized the importance of this achievement in building trust and supporting a circular bioeconomy. The company’s technology transforms waste carbon into sustainable materials like fuels and fabrics, aiming to reduce climate change impacts. This certification marks a significant step in LanzaTech's mission to create a cleaner future by reusing carbon and minimizing pollution.

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FAQ

What is the current stock price of LanzaTech Global (LNZA)?

The current stock price of LanzaTech Global (LNZA) is $1.04 as of December 4, 2024.

What is the market cap of LanzaTech Global (LNZA)?

The market cap of LanzaTech Global (LNZA) is approximately 205.7M.

What does LanzaTech Global, Inc. do?

LanzaTech transforms waste carbon into sustainable materials for everyday products like fuels, fabrics, and packaging.

What is unique about LanzaTech's technology?

LanzaTech uses biorecycling technology to capture carbon at its source from industries, converting it into useful raw materials.

Who are some of LanzaTech's partners?

LanzaTech collaborates with global companies such as ArcelorMittal, Zara, H&M Move, Coty, and On.

Who is the CEO of LanzaTech?

Dr. Jennifer Holmgren is the CEO of LanzaTech, recognized for her leadership in scaling carbon biorecycling technology.

How much carbon has LanzaTech prevented from entering the atmosphere?

LanzaTech has prevented over 330,000 tonnes of carbon from entering the atmosphere across six commercial plants.

What is LanzaTech's yearly carbon abatement capacity?

LanzaTech's technology currently has the capacity to abate 500,000 tonnes of CO2 per year.

Is LanzaTech a publicly traded company?

Yes, LanzaTech Global, Inc. is publicly traded on NASDAQ under the ticker symbol LNZA.

What recent recognition has the CEO of LanzaTech received?

Dr. Jennifer Holmgren was included in TIME's inaugural Climate 100 list for her influence in driving climate action.

What new projects is LanzaTech working on?

LanzaTech is working on a feasibility study to enhance the US-UAE partnership in clean energy and waste management.

Where can I find more information about LanzaTech?

More information about LanzaTech can be found on their website at https://lanzatech.com.

LanzaTech Global, Inc.

Nasdaq:LNZA

LNZA Rankings

LNZA Stock Data

205.69M
154.75M
10.77%
74.9%
3.75%
Waste Management
Industrial Organic Chemicals
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United States of America
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