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MUFG Joins $100 Million Investment in Illinois-based LanzaJet for Sustainable Aviation Fuel

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Credit: LanzaJet

Mitsubishi UFJ Financial Group Inc (MUFG) has participated in a USD 100 million equity funding round to support LanzaJet's expansion of sustainable aviation fuel (SAF) production. LanzaJet, headquartered in Illinois, announced the funding on Tuesday, aiming to scale up its ethanol-to-SAF process technology. Earlier this year, LanzaJet inaugurated the world's first ethanol-to-SAF production facility, LanzaJet

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