Kiwi star LanzaTech turns AmericanFriday 15 Feb 2013 LanzaTech is no longer a New Zealand company. The gas-to-biofuel pioneer which started in South Auckland is now based in Chicago. In fact, last week it was named in Forbes magazine’s list of the top 100 most promising privately held American companies.Chief executive Dr Jennifer Holmgren says that LanzaTech will always have a New Zealand flavour, but retaining the headquarters in Auckland when most of the shareholders and markets were on the other side of the world just wasn’t viable. The company developed a process for turning waste gases from industrial processes into fuel. The process was piloted at the Glenbrook steel mill south of Auckland, and the company has retained its research and development base in New Zealand, employing some 70 staff and headed by the company’s founder and chief scientist, Dr Sean Simpson. Holmgren says that New Zealand is very good at research and development, but lacks the resources to take innovation to the scale possible in countries like the United States. Source: Carbon News 2013 |
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