Technip and Lanzatech in hunt for $200 mln US ethylene project funding-May 2024-www.financetom.com

Technip and Lanzatech in hunt for $200 mln US ethylene project funding

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Technip and Lanzatech in hunt for $200 mln US ethylene project funding

Mar 25, 2024 10:52 AM

March 25 (Reuters) - Technip Energies and

LanzaTech have been picked by the U.S government as

potential recipients of up to $200 million in funding for a

project to produce sustainable ethylene from captured carbon

dioxide, they said on Monday.

The project, called SECURE, expects to provide 200

construction jobs and 40 permanent jobs, they added.

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