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CHICAGO, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Technip Energies (PARIS:TE) and LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech”) announced that the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) has committed up to $200 million in federal funding and authorized the initiation of Phase 1 of their Sustainable Ethylene from CO2 Utilization with Renewable Energy Project (Project SECURE). Project SECURE, led by Technip Energies in partnership with LanzaTech, aims to provide an integrated commercial process which takes captured carbon dioxide from ethylene production and recycles it with low carbon intensity hydrogen to create sustainable ethanol and ethylene. This joint technology solution is intended to first be deployed in the U.S. Gulf Coast region for integration directly into an existing commercial ethylene cracker and has significant replication potential for ethylene crackers worldwide. Globally, there are approximately 370 ethylene steam crackers, over 40 percent of which use Technip Energies’ technology, including eight in the US. LanzaTech’s carbon recycling technology, which has benefited from previous DOE support, can also be utilized in any industry with waste carbon, allowing other sectors to profit from capturing and recycling carbon-rich emissions into valuable ethanol, instead of sequestering or releasing them into the atmosphere. OCED has committed up to $200 million throughout the project duration to Project SECURE to fund the design, engineering, construction, and equipment for the commercial-scale integrated technology unit. Today’s announcement represents the award of nearly $20 million for the first of four phases to be funded by OCED over the course of the project. During Phase 1 of the project, Technip Energies and LanzaTech will conduct a Front-End Engineering Design (FEED) study, develop project plans, provide documentation and reports necessary to complete the National Environmental Policy Act (NEPA) review, and engage with local community and labor stakeholders. Arnaud Pieton, CEO at Technip Energies, stated “ We are pleased to receive the Phase 1 award from the OCED and begin the engineering design work to progress the development of this innovative technology. The global population is expected to continue to rise by 2050, bringing with it a greater demand for consumer goods that rely on ethylene. While addressing this growing demand, we absolutely need to decarbonize ethylene production. We not only need to do something about carbon but very importantly with carbon. That is what our partnership with LanzaTech on this technology is all about. Leveraging our long-lasting leadership in ethylene, we are committed, together with LanzaTech, to develop this technology at scale and continue to explore ways to decarbonize ethylene production.” Dr. Jennifer Holmgren, Chair and CEO of LanzaTech stated, “ We are thrilled to reach this milestone and commence work on this important project. Ethylene is a key building block for thousands of chemicals and materials, and is often referred to as the world’s most important chemical. Our project not only increases the efficiency and value of existing ethylene production infrastructure, but also creates high-quality jobs and supports local communities . Circularizing our global carbon economy requires combining ambition with action, and we are grateful for the shared vision and support of the OCED to advance this replicable technology, strengthening our domestic manufacturing base for valuable commodities .” OCED’s mission is to deliver clean energy demonstration projects at scale in partnership with the private sector to accelerate deployment, market adoption, and the equitable transition to a decarbonized system. OCED will provide oversight of the project by evaluating the status and quality of implementation at each phase of the project. Through its phased approach to project management oversight, OCED will review and evaluate the project’s progress, including community benefits, which impact OCED’s decision to continue to provide federal funding and allow a project to progress to the following phase. About Technip Energies Technip Energies is a global technology and engineering powerhouse. With leadership positions in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, we are contributing to the development of critical markets such as energy, energy derivatives, decarbonization, and circularity. Our complementary business segments, Technology, Products and Services (TPS) and Project Delivery, turn innovation into scalable and industrial reality. Through collaboration and excellence in execution, our 17,000+ employees across 34 countries are fully committed to bridging prosperity with sustainability for a world designed to last. Technip Energies generated revenues of €6 billion in 2023 and is listed on Euronext Paris. The Company also has American Depositary Receipts trading over the counter. For further information: www.ten.com Contacts Technip Energies About LanzaTech LanzaTech Global, Inc. (NASDAQ: LNZA) is the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein for everyday products. Using its bio-recycling technology, LanzaTech captures carbon generated by energy-intensive industries at the source, preventing it from being emitted into the air. LanzaTech then gives that captured carbon a new life as a clean replacement for virgin fossil carbon in everything from household cleaners and clothing fibers to packaging and fuels. By partnering with companies across the global supply chain like ArcelorMittal, Coty, Craghoppers, REI, and LanzaJet, LanzaTech is paving the way for a circular carbon economy. For more information about LanzaTech, visit https://lanzatech.com . LanzaTech Global, Inc. Investor Relations Kate Walsh VP, Investor Relations & Tax Investor.Relations@lanzatech.com Media Relations Kit McDonnell Director of Communications press@lanzatech.com Important Information for Investors and Securityholders Forward-Looking Statements This Press Release contains forward-looking statements that reflect Technip Energies’ and LanzaTech’s (the “Companies”) intentions, beliefs or current expectations and projections about the Companies’ future results of operations, anticipated revenues, earnings, cashflows, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Companies operate. Forward-looking statements are often identified by the words “believe”, “expect”, “anticipate”, “plan”, “intend”, “foresee”, “should”, “would”, “could”, “may”, “estimate”, “outlook”, and similar expressions, including the negative thereof. The absence of these words, however, does not mean that the statements are not forward-looking. These forward-looking statements are based on the Companies’ current expectations, beliefs and assumptions concerning future developments and business conditions and their potential effect on the Companies. While the Companies believe that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting the Companies will be those that the Companies anticipate. All of the Companies’ forward-looking statements involve risks and uncertainties, some of which are significant or beyond the Companies’ control, and assumptions that could cause actual results to differ materially from the Companies’ historical experience and the Companies’ present expectations or projections. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward-looking statements. For information regarding known material factors that could cause actual results to differ from projected results, please see Technip Energies’ risk factors set forth in Technip Energies’ 2023 Annual Financial Report filed on March 8, 2024 and in Technip Energies’ 2024 Half-Year Report filed on August 1, 2024, with the Dutch Autoriteit Financiële Markten (AFM) and the French Autorité des Marchés Financiers (AMF) which include a discussion of factors that could affect Technip Energies’ future performance and the markets in which the Company operates. For information regarding LanzaTech’s risk factors that could cause actual results to differ from projected results, please see information contained in LanzaTech’s most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q, as well as other existing and future filings with the U.S. Securities and Exchange Commission. Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. The Companies undertake no duty to and will not necessarily update any of the forward-looking statements in light of new information or future events, except to the extent required by applicable law.Bashar al-Assad's government has been accused of carrying out torture, rape, summary executions and other abuses since since Syria's civil war started in 2011. UN investigators have said that accountability must be taken at the highest level after the downfall of the hardline ruler on Sunday. Here is what we know about the extent of the abuses committed: In 2013 a former Syrian army photographer known by the codename "Caesar" fled the country, taking with him some 55,000 graphic images taken between 2011 and 2013. The photos, authenticated by experts, show corpses tortured and starved to death in Syrian prisons. Some people had their eyes gouged out. The photos showed emaciated bodies, people with wounds on the back or stomach, and also a picture of hundreds of corpses in a shed surrounded by plastic bags used for burials. Assad's Syrian government said only that the pictures were "political". But Caesar testified to a US Congress committee and his photographs inspired a 2020 US law which imposed economic sanctions on Syria and judicial proceedings in Europe against Assad's entourage. In Germany and Sweden eight people suspected of crime against humanity were arrested in July in an operation codenamed "Caesar". Germany, the Netherlands and France have since 2022 convicted several top officials from the Syrian intelligence service and militias. UN investigators say they have lists with the names of 4,000 government officials and operatives responsible for abuses. Human Rights Watch (HRW) in 2012 spoke of a "torture archipelago" in which the "use of electricity, burning with car battery acid, sexual assault and humiliation, the pulling of fingernails, and mock execution" were practised in government prisons. The Syrian Observatory for Human Rights said in 2022 more than 100,000 people had died in the prisons since 2011. In 2023, the UN's top court, the International Court of Justice, ordered Syria to stop "inhuman or degrading treatment or punishment". In 2020, seven Syrian refugees filed a complaint in Germany saying that they had been victims of torture and sexual violence, including rape, electric shocks on the genitals, forced nudity or forced abortion between 2011 and 2013. The UN said in 2018 there had been systmatic rape and sexual violence against civilians by soldiers or pro-Assad militias. It said an investigation had found rebels had committed similar crimes, but fewer. On November 25, 2024, the Syrian Human Rights Network (SNHR) said there had been at least 11,553 incidents of sexual violence against women, including girls aged under 18, by the warring parties since March 2011. Some 8,024 could be blamed on the Assad government and the others mainly on the jihadist Islamic State. In 2016 UN investigators said Syrian authorities were responsible for acts which came down to "extermination" and could be compared to "crimes against humanity". It pointed to the Saydnaya prison outside Damascus, which was described in 2017 by Amnesty International as a human slaughter house carrying out a "policy of extermination". The United States said there was a "crematorium" at the prison which was used to dispose of the bodies of thousands of inmates. In 2022 the Syrian Observatory for Human Righs said around 30,000 people had been killed at Saydnaya, some of them after being tortured. In April 2020, the chemical weapons watchdog OPCW accused the Syrian army of chemical weapons attacks in Latamne in northern Syria in 2017. In November 2023 France issued international arrest warrants against Bashar al-Assad, his brother Maher and two generals on suspicion of complicity in the chemical attacks in August 2013 near Damascus, which according to US intelligence left 1,000 dead. Assad's forces have also been accused of using sarin gas on the rebel town of Khan Sheikhun in April 2017, and also of chlorine gas attacks. Assad's government denied using chemical weapons. Israel says it has staged strikes on some chemical weapons sites this week to stop supplies falling into the hands of extremists. acm-lc/jmy/tw

SANDY, Utah, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Mountain America Credit Union announced its sponsorship of Thanksgiving Point’s newest attraction, the Mountain America Jurassic Jungle , a brand-new five-story indoor play space where prehistory meets adventure. This state-of-the-art playground features dozens of interactive elements designed to engage and excite visitors of all ages. A Media Snippet accompanying this announcement is available by clicking on this link. “We are proud to expand our support for Thanksgiving Point in bringing Jurassic Jungle to life,” said Sterling Nielsen, president and CEO at Mountain America. “This incredible play space will undoubtedly become a cherished destination for families across Utah and beyond.” Jurassic Jungle offers a unique blend of fun and learning with attractions such as a five-story volcano slide, interactive dinosaur animatronics, and a variety of jungle challenges. Families can track down a T. rex, escape a volcanic eruption, and wrangle a pack of raptors, all while earning points to exchange for exciting prizes. “Jurassic Jungle is the perfect place for families to explore and learn together,” said McKay Christensen, CEO of Thanksgiving Point. “We are excited to provide a space where children and adults alike can immerse themselves in a prehistoric world filled with adventure and discovery. We couldn’t have done this without the generous support of Mountain America Credit Union.” As the largest indoor prehistoric playground in Utah, Jurassic Jungle promises a fun-filled day for the entire family. Don't miss out on this exciting new attraction—get your tickets today! For more information about Mountain America Credit Union visit www.macu.com . For more information and to purchase tickets for Jurassic Jungle, visit Thanksgiving Point's website . About Mountain America Credit Union With more than 1 million members and $20 billion in assets, Mountain America Credit Union helps its members define and achieve their financial dreams. Mountain America provides consumers and businesses with a variety of convenient, flexible products and services, as well as sound, timely advice. Members enjoy access to secure, cutting-edge mobile banking technology, over 100 branches across multiple states, and more than 50,000 surcharge-free ATMs. Mountain America—guiding you forward. Learn more at macu.com About Thanksgiving Point Created in 1995 by Alan and Karen Ashton, Thanksgiving Point is where curious kids grow. Welcoming millions of annual visitors to learn, dine, play, and explore together, Thanksgiving Point's mission is focused on helping all Utah kids. At Thanksgiving Point's award-winning venues and events, kids of all backgrounds gain confidence and get curious about STEM concepts they can use throughout their lives. Thanksgiving Point is located at 3003 North Thanksgiving Way in Lehi, Utah. For more information, call 801.768.2300 or visit ThanksgivingPoint.org.Indeed, AC Milan's recent struggles in the Serie A have been a cause for concern among the club's faithful. With fierce competition from other top teams in the league, every match becomes a crucial opportunity to gain ground and climb up the standings. Gabia recognizes the importance of unity, resilience, and determination in overcoming these challenges.

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