Brief: Technip Energies And LanzaTech Selected By U.S. Department Of Energy To Receive $200 Mln Investment

Lanzatech Global

25/03/2024 17:07

March 25 (Reuters) - Technip Energies NV  TE.PA :
    * TECHNIP ENERGIES AND LANZATECH SELECTED BY US DEPARTMENT
OF
ENERGY TO RECEIVE $200M INVESTMENT FOR BREAKTHROUGH, REPLICABLE
DECARBONIZED ETHYLENE COMMERCIAL FACILITY
    * PROJECT SECURE EXPECTS TO PROVIDE 200 CONSTRUCTION JOBS
AND 40
PERMANENT JOBS WITH BENEFITS AND TRAINING OPPORTUNITIES
    * IF AWARDED, UP TO $200 MILLION IS EXPECTED TO FUND DESIGN,
ENGINEERING, CONSTRUCTION, AND EQUIPMENT FOR A COMMERCIAL-SCALE
INTEGRATED TECHNOLOGY UNIT IN U.S.
    * PLAN TO APPROACH COMMUNITY GROUPS, UNIONS, AND LABOR
GROUPS TO
NEGOTIATE, REVIEW, AND UPDATE AGREEMENTS FOR QUALITY JOBS

Further company coverage:  TE.PA   LNZA.O 

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