The status of our technology development speaks for itself.
Velocys' technology has been demonstrated in the field and validated via selection for commercial projects. Announced projects include:
The company continues to believe that the successful operation of ENVIA’s plant in Oklahoma City will expedite the development of third party sales opportunities. Even before this, significant advances continue to be made on new projects. For example, an engineering study was recently completed by Velocys and its project partners for a project being developed on behalf of a national gas company in Central Asia that is seeking to develop its stranded gas reserves. Velocys' project partner will present the findings of the study to the project sponsor shortly.
Additionally, Velocys remains in active and ongoing discussions relating to an opportunity with a major fuels player in the US. The project has an advantageous site with low-cost feedstock. Equity investors, feedstock suppliers and product offtakes are in place and the project has the potential to progress swiftly to final investment decision. The air permit for the plant was issued recently.
We invite companies to visit the Velocys Pilot Plant at the company's Ohio technology centre.
Contact us to discuss the project you are developing.