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U.S. firm Synata Bio gets $4.5M from China for project converting waste gases to ethanol.
Synata Bio, a U.S. company, received a $4.5 million grant from China’s NDRC for its Sylonto project, which aims to convert waste gases into 50,000 tons of ethanol annually at Henan Longyu’s production site.
The project, a collaboration with Chinese firms, supports China’s goal of achieving carbon neutrality by 2060.
Plans include expanding ethanol production to 500,000 tons by 2028.
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La firma estadounidense Synata Bio recibe $4,5 millones de China por proyecto de conversión de gases residuales en etanol.