Federal grant · cooperative agreement (b)
The Sustainable Ethylene From CO2 Utilization With Renewable Energy (SECURE) Project, Led by T.en Stone & Webster Process Technology, Inc. in Partnership With Lanzatech, Plans to Demonstrate an Integrated Process to Utilize Captured Carbon Dioxide From Ethylene Production—an Important Building Block for Many Products—by Applying a Biotech-based Process and Green Hydrogen to Create Clean Ethanol and Ethylene. Lanzatech’s Gas Fermentation Technology, Previously Supported by Arpa-e, Can Also Be Deployed in Any Industry With Carbon Dioxide Emissions, Allowing Other Industries to Capture and Upcycle Carbon Dioxide Instead of Emitting It to the Atmosphere or Needing to Sequester It. the Project Expects to Provide 200 Construction Jobs and 40 Permanent Jobs With Benefits and Training Opportunities. Once the Site Is Finalized, the Project Aims to Hire From the Local Area With a Focus on Residents of Disadvantaged Communities. T.en and Lanzatech Plan to Approach Community Groups, Unions, and Labor Groups to Negotiate, Review, and Update Agreements for Quality Jobs and Community Collaboration at the Host Site.
Committed
$200.0 Million
Paid out
$11.1M
6%
Committed, not yet paid
$188.9M
94%
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The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
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One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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