IOC-LanzaTech pact
New Delhi   21-Jan-2011

IndianOil, and LanzaTech, a leading clean energy technology company, recently signed a Memorandum of Understanding (MOU) for collaboration in a technology demonstration that will enable IOC to produce fuel grade ethanol. The MOU was signed by Sharat Meshram, Executive Director (Petrochemicals), IndianOil and Prabhakar Nair, Vice President (Business Development), Asia Pacific, LanzaTech, in the presence of B.M. Bansal, Chairman, IOC and Dr. Jennifer Holmgren, CEO, LanzaTech and senior executives from both the companies.