LanzaTech and Baosteel's 100,000 Gallon/Year Waste-Gas-to-Ethanol Pre-Commercial Facility Exceeds Productivity Expectations and Hits Major Milestones in Advance of Commercialization

ROSELLE, IL and SHANGHAI, CHINA--(Marketwire - Dec 3, 2012) - LanzaTech, a producer of low-carbon fuels and chemicals from waste gases, and Baosteel, a leading steel producer in China, have announced the success of their 100,000 gallon per year (300 tons) pre-commercial plant located at one of Baosteel's steel mills outside Shanghai, China. This plant operates at significantly larger scale than LanzaTech's pilot facility and test results have shown that the scaling of the technology has been successful.

As a global leader in low carbon technology solutions, China is committed to developing clean energy technologies that have no impact on food or land resources. The National Development and Reform Commission (NDRC), who regulate technology in China, sent a review panel to the facility in early November 2012 to review the site and report on the process in detail. They reported that the waste-gas-to-ethanol project clearly met international standards regarding gas conversion rates and other technical milestones and that the project can now officially enter the commercialization phase, scaling the process further to make steel mill waste gas-biofuel a commercial reality in China. A full scale commercial facility with Baosteel is planned for 2013.

The Shanghai Baosteel LanzaTech New Energy Co., Ltd, established through a joint venture in March 2011, was created to commercialize LanzaTech's technology in China. Unconditioned steel mill off gases, rich in carbon monoxide (CO) are channelled from the operating steel mill into a LanzaTech bioreactor, producing ethanol. In the steel industry, LanzaTech adds value to the manufacturing process through the production of clean energy while enabling the facility to reduce its carbon footprint -- turning waste carbon from a problem into an opportunity. The success of the facility therefore begins to break the paradigm that economic growth and industrialization are at odds with an environmentally conscious operating strategy.

"The success of this facility will play an important role in the commercialization of clean energy technologies in China," said Mr. Jia Yanlin, Chairman of Baosteel Metal. "This technology has enormous potential in the Chinese market as it will positively impact our manufacturing sustainability as well as China's new energy development."

"This has been an exciting ride," said LanzaTech CEO Jennifer Holmgren. "Scaling new technologies can be a daunting process but our teams have worked well together and we have made great progress. With the successful completion of this demonstration milestone we are now ready to scale to commercial production facilties."

About Baosteel
Baosteel Group Corporation is a producer of high quality steel products primarily carbon steel, stainless steel and special steel and is China's most competitive iron and steel enterprise with the highest level of modernization.

In 2011 Baosteel produced about 44.5 million tons of steel annually ranking it the fourth largest producer of steel in the world and second largest in China, a country that is both the world's leading steel producer and steel consumer.

The state-owned company has 20 subsidiaries and exports its products to more than 40 countries, including Japan, Europe, South Korea, and the US. Its markets include the appliance, auto, construction, oil, and shipbuilding industries.

Baosteel made its way into the Global Fortune 500 for the ninth consecutive time and ranked 197th in 2012. The company was founded in 1978 and is based in Shanghai, China.

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About LanzaTech
LanzaTech is a leader in gas fermentation technology. It provides novel and economic routes to fuels and high value chemicals from waste gas streams. LanzaTech's unique process provides a sustainable pathway to produce platform chemicals that serve as building blocks to products that have become indispensable in our lives such as rubber, plastics, synthetic fibers and fuels.

LanzaTech's technology solutions mitigate carbon emissions from industry without impacting adversely food or land security

Currently commissioning a second pre-commercial facility in China using steel mill off gases for ethanol production, LanzaTech, a company founded in New Zealand is now a global organization with full commercial operation targeted for 2013.

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Contact Information:

For more information about LanzaTech please contact:
John Williams
Scoville PR for LanzaTech
+1 206-625-0075