New CEO Joins LanzaTech from Honeywell’s UOP.

New CEO Joins LanzaTech from Honeywell’s UOP.

Auckland, 1st June 2010- LanzaTech announces the addition of Jennifer Holmgren to their team. She joins LanzaTech from UOP LLC, a wholly-owned subsidiary of Honeywell International, where she was Vice President and General Manager of the Renewable Energy and Chemicals business unit

Lanzatech NZ Ltd. announced today that Jennifer Holmgren has joined the company as Chief Executive Officer. She will lead the LanzaTech team to extend its position at the forefront of the waste gas to fuels market.

Dr. Holmgren joins LanzaTech from UOP LLC, a wholly-owned subsidiary of Honeywell International, where she was Vice President and General Manager of The Renewable Energy and Chemicals business unit. Jennifer brings over 20 years of experience in the energy sector including a proven track record in the development and commercialization of fuels and chemicals technologies. In her most recent role, Jennifer led UOP’s renewable business from its inception through to the achievement of significant revenues from the commercialization of multiple novel biofuels technologies.

“LanzaTech has demonstrated technology for the fermentation of waste gases to fuels using raw steel mill off gases, Dr. Holmgren said.  “This is a tremendous achievement and shows a robust process which is extensible to other waste gas streams.  I believe that this technology can become the cornerstone of the emerging gas fermentation sector and I am very excited to be given the opportunity to work with Dr. Sean Simpson and the team at LanzaTech”.

LanzaTech has developed and demonstrated a proprietary process that allows the use of a broad spectrum of waste gas resources for the production of lowest cost fuel ethanol . Using this process, non food resources such as industrial waste gas can become a resource for high volume fuels. LanzaTech has successfully operated a pilot plant at New Zealand Steel at Glenbrook, near Auckland, using gases directly from the steel making process.  Co Founder of LanzaTech, Dr Sean Simpson says the microbial fermentation of industrial gas feedstocks has numerous advantages over existing value adding options. “LanzaTech’s continuous fermentation of raw steel mill gas has shown that the process can tolerate both the extreme contaminant environment and variability in gas composition presented by industrial off gases. That’s a major advantage over existing gas to liquid conversion technologies.”

The company, established in 2005, is based in Auckland New Zealand with strong financial backing from the Silicon Valley-based Venture capital group Khosla Ventures.

Vinod Khosla, commenting on the appointment said, “We’re very pleased to have Jennifer on board, she brings the right experience and knowledge to Lanza Technology. It is exciting, how some imagination and creativity can take off gases and potentially other pollution and efficiently turn it into high value fuels.”  ENDS

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