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Pertamina and LanzaTech signed a memorandum of understanding to develop technology-based low-carbon energy solutions during the Offshore Technology Conference (OTC) in Houston.
The signing was carried out by Pertamina's Deputy President Director, Oki Muraza, and LanzaTech's Chief Executive Officer, Jennifer Holmgren.
LanzaTech is an American global technology company that converts carbon-rich waste gases into fuels and chemicals through microbial fermentation. Using a circular economy approach, its technology helps industries reduce emissions while creating economic value and supporting energy security.
This collaboration focuses on the development of waste-to-fuel technology, specifically the conversion of urban waste into ethanol through a fermentation process.
This initiative is expected to address the challenges of waste management while opening up new opportunities in the alternative energy sector and the recycled carbon-based chemical industry.
Oki Muraza stated that Indonesia faces two main challenges: the increasing volume of urban waste and the growing need for clean energy. Currently, the national waste volume reaches approximately 56,600 tons per day, while ethanol demand is projected to increase to approximately 2.4 million kiloliters by 2030.
"Through this collaboration, we are promoting concrete solutions to transform challenges into opportunities by converting waste into economically valuable fuels while supporting the energy transition," said Oki.
From a business perspective, this collaboration opens up the potential for developing a circular economy-based value chain, from waste processing and ethanol production to the utilization of by-products such as blended fuels and raw materials for the chemical industry. This model has the potential to create new revenue streams while improving the efficiency of waste and energy management.
Jennifer Holmgren added that LanzaTech has microbial-based fermentation technology capable of converting various carbon sources into high-value products, including ethanol.
With global experience and commercial facilities operating in multiple countries, as well as modular and scalable technology, LanzaTech has the flexibility to implement and integrate with existing infrastructure, including refineries and municipal waste management systems.
This collaboration is expected to encourage the development of an integrated circular economic model, increase domestic energy supply, and open up investment opportunities in the technology-based clean energy sector.
This initiative also strengthens Indonesia's position as an energy investment destination that relies not only on resources, but also on innovation and technology, with potential for development in various major cities in Indonesia.
As a leading company in the energy transition sector, Pertamina is committed to supporting the 2060 Net Zero Emission target and continues to promote programs that have a direct impact on achieving the Sustainable Development Goals (SDGs). All of these efforts are in line with Pertamina's transformation, which is oriented towards governance, public services, business sustainability, and the environment, by implementing Environmental, Social & Governance (ESG) principles across all Pertamina business lines and operations, in coordination.
Note: This story has not been edited by The Polymerupdate Editorial team and is auto-generated from a syndicated feed.
