ArcelorMittal and LanzaTech Announce Ethanol Production Milestone and Shipment of First Barge from Flagship Steelanol Facility in Belgium [Yahoo! Finance]
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Source: Yahoo! Finance
carbon into sustainable fuels, chemicals, materials, and protein, and ArcelorMittal S.A. (NYSE: MT) (“ArcelorMittal”), the world's leading integrated steel and mining company, today announced that ethanol from ArcelorMittal's commercial flagship Steelanol facility in Ghent, Belgium, has achieved a production milestone whereby ethanol volumes have ramped to a significant enough level to support large-scale shipping by barge. LanzaTech took title to the first barge shipment earlier this month, and the ethanol is en route to be purified and sold to LanzaTech's CarbonSmart customers such as Coty. This achievement progresses LanzaTech and ArcelorMittal's joint strategy to develop a thriving European supply chain for sustainable ethanol produced in the region. ArcelorMittal's Steelanol facility is converting carbon-rich industrial emissions from its blast furnace into fuel-grade ethanol by using leading carbon recycling technology developed by LanzaTech. Ethanol production commenced in 20
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