Mike Schultz

Background

About Mike Schultz

Are you worried about the scalability of your biotech or chemical technology? I've been through it, and know that bad strategic engineering decisions early on can mean failure. The key is to determine what to prioritize to de-risk and optimize your technology as you scale. I enjoy the challenge of solving difficult engineering problems to reduce carbon footprint and deliver value. My teams have a proven track record with launching innovative technology solutions while reducing the time to market, improving the bottom line and streamlining operations. I have received more than 45 US patents to date. I’ve set up PTI Global Solutions a greenfield consulting firm, to bring engineering expertise to the sustainable technology space. With a focus on sustainable materials, renewable chemicals and low carbon fuels, I’m working with companies to help accelerate commercialization and get the greatest value from these great ideas. Previously, I was the Technical Director for Global Process Development for Vertellus, leading a global team driving growth through process technology innovation. My team developed and launched eight new products generating $12M total gross margin and delivered year over year growth rates greater than 100% to the business. As VP Engineering of LanzaTech I led the scaleup of first of its kind gas fermentation technology, securing several commercial projects, and played a key role in $168M capital raising during Series C and D and a 10X increase in company valuation. Prior to LanzaTech I worked in Malaysia with Battelle Science & Technology collaborating with Petronas, the Malaysian Oil major, to implement renewable fuel and chemical initiatives. This followed a 10 year career at Honeywell UOP, where I led technology development projects across teams in Process Design Development, Aromatics Derivatives & Polymer Technology Center, and Exploratory Platforms, resulting in new commercial offerings such as UOP’s first dividing wall distillation columns and an improved catalyst for ethylbenzene production. I've developed global experience from extended postings in Malaysia and New Zealand, and interactions with key partners in US, UK, China, India, SE Asia, Japan, Korea, Europe, and Russia. AREAS OF EXPERTISE Process Development Technology Scale-up Green Chemistry IP Portfolio Management Project Management Joint Development Partnerships Business Development Commercialization Capital Raising Mergers & Acquisitions Public Sector Relationships