Lanzatech secures new Korean deal, global accolades, as losses mount

Mon, 21 Oct 2013

By Pattrick Smellie Oct. 22 (BusinessDesk) – Auckland-based bio-fuels pioneer Lanzatech Inc has been named the second “hottest” bio-technology company in the world and 4th hottest for bio-chemicals at the same time as announcing a new contract with leading Korean petro-chemical company SK Innovation. The announcements, from respected industry publication Bio-Fuels Digest, come as Lanzatech’s latest filings with the Companies Office show its losses roughly doubled in the year to Dec. 31, 2012, to $36.4 million, compared with a $15.3 million lo...

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