Auckland September 29 2011: One of China’s oldest enterprises Shougang Group and its partner in New Zealand Shougang TangMing have signed a joint venture agreement with LanzaTech to construct a demonstration plant at one of Shougang’s steel mills in China.
The partners say the intention is to quickly scale the JV demonstration plant to a fully commercial facility at a Shougang steel mill.
Beijing headquartered Shougang is one of the largest steel producers in China. The Group is looking globally for technology that will help reduce the environmental impact of steel making. LanzaTech’s clean energy technology ferments a variety of gas resources, including those emitted through steel making, to produce low carbon fuels. Its technology is particularly attractive because it has no impact on food security or land use.
Shougang President Wang Qinghai says the JV symbolizes Shougang’s desire to break the paradigm of heavy industry being a key contributor to carbon emissions.
“We see this JV as playing a key role in China’s low carbon future,” he says.
Wang Qinghai, Shougang TangMing President Nancy Dong and LanzaTech Chief Executive Dr Jennifer Holmgren signed the JV at Premier House, witnessed by the Chinese Vice-Premier Hui Liangyu and New Zealand Deputy Prime Minister Bill English.
Nancy Dong says Shougang Tang Ming wishes to play an important role in the commercialization of clean energy technologies in China.
“We will work with our partners, LanzaTech and Shougang Group, to help create a sustainable manufacturing future,” she says.
Dr Holmgren says the JV is representative of China’s continued commitment to reducing carbon emissions while maintaining economic growth. “China is a global leader in the commercialization of low carbon energy technology,” she says. “As an industry leader in clean steel technologies, the Shougang Group actively supports sustainable operating strategies for the production of environmentally friendly steel products.”