SK & Lanztech partner on new 1.3 Butadiene technology

LanzaTech is the first company ever to scale gas fermentation technology to a pre-commercial level, developing and successfully operating two facilities that convert waste flue gas from Baosteel and Shougang steel plants into ethanol. Both facilities in China operated at annualized production capacity of 100,000 gallons. Site location and engineering plans for commercial facilities are under way and commercial production is expected to begin in 2014.

About SK innovation

Founded in 1962 as Korea's first oil refiner, SK innovation is one of the world's leading energy and petrochemical companies. SK innovation employs nearly 6,300 people and posted KRW 73.3 trillion in sales in 2012.

SK innovation operates through five subsidiary companies: SK Energy, SK Incheon Petrochemical, SK Trading International, SK Global Chemical and SK Lubricants. Their independent management structure enables each company to respond rapidly to changes in the global business environment and expedite growth through a fast decision-making process. Each company executes its own business strategy, consistent with its vision and optimized for its unique environment.

LanzaTech