Embed presentation



![China&Steel&Invest&7000&MM&TWD&&Launch&Two&Projects&+
2015%&03&28%%Economic%Daily%News+
%+
CSC%board%mee<ng%held%yesterday%(27)%has%approved%two%investment%project.%It%will%
spend%5600%%MM%TWD%to%overhaul%No.%2%blast%furnace%of%the%third%train;%meanwhile%
investment%1400%MM%TWD%to%erect%a%100,000%ton%per%annum%ethanol%plant.+
%+
CSC%states,%trans&invested%to%WBT%using%LanzaTech%(USA)%fermenta<on%technology,%
built%an%ethanol%demonstra<on%plant,%in%accordance%with%actual%opera<on%result,%all%
indices%were%way%exceed%the%targets,%approve%this%technology%worth%for%
commercializa<on,%will%begin%commercial%plant%at%the%year%end.%+
%+
Per%the%decision%of%CSC%board,%it%will%use%the%land%near%Xiao%Gang%Zhong%Lin%Road%
purchased%from%LCY%to%build%the%plant.%The%investment%amount%1400%MM%TWD.%Starts%
produc<on%a]er%es<mated%2~3%years%later.%Per%understanding,%the%plant%will%be%in%two%
phases,%it%will%erect%a%100,000%MT%per%annum%produc<on%line,%main%applica<on%is%
gasoline%addi<ves%and%industrial%ethanol.%%%+
Build+technology…+Raise+money…+
Change'the'world…'
A Carbon Smart Model](https://image.slidesharecdn.com/4-sbpitchlanzatech-150605004558-lva1-app6891/85/SBIO-lanzatech-4-320.jpg)




1) A Chinese steel company (CSC) approved two investment projects, spending $5.6 billion to overhaul a blast furnace and $1.4 billion to build a 100,000 tonne per year ethanol plant. 2) The ethanol plant will use fermentation technology from LanzaTech (USA) to produce ethanol from waste gases. A demonstration plant was successful. 3) The ethanol plant will be built on land purchased from another company near Xiao Gang Zhong Lin Road. It will start production in 2-3 years and be built in two phases to eventually produce 100,000 tonnes of ethanol annually, for use as gasoline additive and industrial ethanol.



![China&Steel&Invest&7000&MM&TWD&&Launch&Two&Projects&+
2015%&03&28%%Economic%Daily%News+
%+
CSC%board%mee<ng%held%yesterday%(27)%has%approved%two%investment%project.%It%will%
spend%5600%%MM%TWD%to%overhaul%No.%2%blast%furnace%of%the%third%train;%meanwhile%
investment%1400%MM%TWD%to%erect%a%100,000%ton%per%annum%ethanol%plant.+
%+
CSC%states,%trans&invested%to%WBT%using%LanzaTech%(USA)%fermenta<on%technology,%
built%an%ethanol%demonstra<on%plant,%in%accordance%with%actual%opera<on%result,%all%
indices%were%way%exceed%the%targets,%approve%this%technology%worth%for%
commercializa<on,%will%begin%commercial%plant%at%the%year%end.%+
%+
Per%the%decision%of%CSC%board,%it%will%use%the%land%near%Xiao%Gang%Zhong%Lin%Road%
purchased%from%LCY%to%build%the%plant.%The%investment%amount%1400%MM%TWD.%Starts%
produc<on%a]er%es<mated%2~3%years%later.%Per%understanding,%the%plant%will%be%in%two%
phases,%it%will%erect%a%100,000%MT%per%annum%produc<on%line,%main%applica<on%is%
gasoline%addi<ves%and%industrial%ethanol.%%%+
Build+technology…+Raise+money…+
Change'the'world…'
A Carbon Smart Model](https://image.slidesharecdn.com/4-sbpitchlanzatech-150605004558-lva1-app6891/85/SBIO-lanzatech-4-320.jpg)


