LanzaTech – Contract Award from Spray Engineering Devices Ltd (SED) for 24K MTA Bagasse-to-Ethanol Plant

Expert Analysis:

• LanzaTech Global, Inc. (NASDAQ: LNZA) has secured a contract from Spray Engineering Devices Ltd (SED) to construct India's first commercial facility using LanzaTech's gas fermentation technology to convert sugarcane bagasse—a common agricultural waste—into sustainable fuels and chemicals, processing up to 300 tons of bagasse per day to yield 24,000 metric tons per annum (MTA) of ethanol.

• The Uttar Pradesh facility integrates SED's oxygen-enriched air gasification (developed with Ankur Scientific, Vadodara) to produce syngas from bagasse, which LanzaTech's proprietary microbes ferment into ethanol for sustainable aviation fuel, renewable diesel, chemicals, and polymers, while generating 5–10% nutrient-rich biochar to enhance local soil fertility as part of SED's "Smart Village" rural development model.

• This project under PM JI-VAN Yojana represents one of India's first private-sector advanced bioethanol initiatives from sugar industry by-products and builds on LanzaTech's existing deployments at Indian Oil's Panipat refinery and upcoming NTPC Pudimadaka CO2-to-ethanol plant, validating agricultural waste as a scalable carbon-recycling feedstock.