LanzaTech

Creating Something from NothingAdding value to Waste Gases

LanzaTech

Creating Something from NothingAdding value to Waste Gases

Dr. Jennifer Holmgren

CEO, LanzaTech Inc.

Advanced Biofuels Leadership ConferenceCapital HiltonApril 19th -21st 2011Washington DC © 2011 LanzaTech Inc. All rights reserved.

The LanzaTech Process

Gas feed stream

Gas reception Compression Fermentation Recovery Producttank

• Gases are sole source of energy• 60 patents, including two proprietary microbe patents• Direct production of fuels and chemicals• Indirect production of drop-in hydrocarbon fuels

Novel gas fermentation technology captures CO-rich

gases and converts the carbon to fuels and chemicals

190 billion gal/yr 1.3 billiontons/yr potential in US

30 billion gal/yr

Potential for Significant Impact

Petcoke

Steel Industry

Ethanol PotentialFrom LanzaTech Process

70 million tons/yrGlobally

1.4 billiontons steel/yr Globally

Biomass

4.5 billion gal/yr

Significant Impact on Fuel PoolNo Impact on Food Production

Challenge: Energy Efficient Carbon Capture

Conventio

nal, N

o Cap

ture

*

Conventio

nal, C

O2 Cap

ture

*

IGCC-O

2, N

o Cap

ture

*

IGCC, C

O2 Cap

ture

*

BOF Gas

to E

lect

ricity

, no C

aptu

re

BOF Gas

to E

than

ol0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

Eff

icie

nc

y (

%,

HH

V)

LanzaTech process produces valuable products with a higher energy efficiency than a power plant

LanzaTech captures 30% of the carbon from BOF gas as valuable hydrocarbons

*Reference: DOE/NETL-2007/1281 “Cost and Performance Baseline for Fossil Energy Plants”

30% of Carbon in BOF gas is Captured as

Ethanol

Redefining Carbon Capture

C4

• BDO• n-Butanol• i-Butanol• Succinic acid

Gas to Liquid Platform

H2H2COCOCOCO H2H2 CO2CO2 CO2CO2

Industrial Syngas: Biomass, Coal, Methane COG, Chemical Power

Native

Synthetic

EngineeringControlChemistry

Customized Catalysts

C2

• Ethanol• Acetic acid

C3

• i-propanol

C5

• IsopreneOther• PHB• …….

Resources

Product Suite

Producing Other Fuels and Chemicals

Direct production of chemicals– 2,3-Butanediol– Isoprene– MEK– Propanol– Butanol

Multi step production of chemicals and chemical intermediates

– Olefins (ethylene, propylene, butylene)– MEK

Path to “Drop in” hydrocarbon fuels– Gasoline– Diesel– Jet Fuel

Unique Synthetic Biology Capability In Place

Proprietary microbe

Genetic tool kit

Robust Genetic modification

capability operational

• Multiple proprietary genomes secured

• Detailed gene control database constructed

• Plug-and play gene expression / gene regulation system developed

+

LanzaTech bacteria have been successfully modified to allow Butanol, Acetone and Propanol to each be separately produced from gases.

Butanol

Acetone

Propanol

Isoprene

MEK

Strain Name: LZ-1561Parent: Clostridium autoethanogenum

Jet Fuel Collaborations

– 15,000 gallons ethanol per year– BlueScope steel mill, NZ

– 100,000 gallons ethanol per year

– Baosteel– March 27: Ground breaking

– > 50 million gallons per year

– Baosteel

2008 4Q2011 1Q2013

Pilot Demonstration Commercial

Commercial relationships across multiple industry sectors allow fast-track process commercialization

A Proven Path to Commercialization

LanzaTech: A Global Company

Commercial Partners by Market Segment

Refining

SteelChemicals

Coal

Not just about steel…

Biomass

IN PROGRESS

Global Recognition

Green technology Innovator of the Year, Frost and Sullivan Asia Pacific Industrial Technologies Awards (Singapore)

AlwaysOn GoingGreen 100 Top Private Companies Listed in the Biotech & Agriculture category.

 Triple Win for LanzaTech• Ranked 38 in Top 100 people in Bioenergy• Ranked 31 in Top 50 Companies in Bioenergy• Technology of the Year Award

Ranked among the top 100 private companies in Asia. Ranked among the top 100 private companies globally.

2009

2010

2011The Global Cleantech 100 highlights the most promising private clean technology companies around the world.

The global Red Herring Top 100, which recognises LanzaTech as one of the 100 most innovative new technology companies.

Double Win for LanzaTech• 2011 NZBIO Company of the Year• Cofounder and chief scientist Dr. Sean

Simpson won the NZBIO 2011 Young Biotechnologist of the Year Award

Summary

• To meet growing energy demand & stabilize atmospheric CO2 levels - need to diversify fuel pool and introduce >30% drop in zero carbon fuels

• The LanzaTech process can capture non-food, waste carbon to produce low cost alcohols

• Alcohols produced via the LanzaTech process are an excellent substrate for conversion to drop-in hydrocarbon fuels

• Commercial alcohol production rates on raw industrial waste gases has been demonstrated at scale

• Compelling volumes of waste gases world wide have potential to make significant impact on the fuel pool

• Strong business development pipeline will accelerate commercialization process

• Collaborating with leading conversion partners, industry agencies, and certification bodies to develop sustainable, low cost, integrated hydrocarbon fuels processes from non-food sources