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Worley Selected as Velocys Engineering Partner (Int'l, Ind. Report)
Velocys,Worley
Date: 2020-02-05
In the UK, Oxford-based sustainable fuels specialist Velocys plc is reporting the appointment of North Sydney, Australia-based Worley to manage the development of pre-feasibility, feasibility and FEED packages for all projects in the Velocys portfolio.

The Velocys technology package converts waste feedstocks into sustainable aviation and road transport fuels.

Velocys also notes it has now selected all the technology suppliers for its Bayou Fuels woody-biomass-to-fuels project in Natchez, Mississippi, USA. The same technology package will be used for the Altalto Immingham waste-to-fuels project in the U.K. (Source: Velocys, PR, Chem Eng., 4 Feb., 2020) Contact: Velocys, Henrik Wareborn, CEO, +44 1235 838 621, (713) 275-5840 -- Houston Office, info@velocys.com, www.velocys.com; Worley, Paul Seaton, Pres., www.worley.com

More Low-Carbon Energy News Velocys,  Worley,  Woody Biomass,  Biomass-to-Fuel,  Aviation Biofuel,  Biofuel,  


Velocys Delivers on Japanese Biorefinery Project (Int'l.)
Velocys, Toyo Engineering
Date: 2019-11-20
Further to our 19 Sept. coverage, UK-headquartered landfill gas-to-liquid fuels and chemicals producer Velocys Plc reports the delivery of Fischer-Tropsch reactors and catalyst to Toyo Engineering Corp. in Nagoya, Japan, for use in a biomass-to-jet fuel demonstration facility bio-jet fuel facility being developed by a consortium of Japanese companies.

Velocys enables sustainable fuels for aviation and heavy goods transport, using waste materials, to cut greenhouse gas emissions and improve air quality. Combining transformative technology, operational expertise and a partnership approach, we are working on commercial projects, today, that deliver the fuels of tomorrow, according to the company website. (Source: Velocys, PR, Biomass, 18 Nov., 2019) Contact: Velocys, Henrik Wareborn, CEO, +44 1235 838 621, (713) 275-5840 -- Houston Office, info@velocys.com, www.velocys.com; Toyo Engineering, www.toyo-eng.com

More Low-Carbon Energy News Toyo Engineering,  Velocys,  Fischer-Tropsch ,  


Velocys, Oxy Agree On Woody Biomass-to-Fuels CCS (Ind. Report)
Velocys,Bayou Fuels
Date: 2019-10-11
UK-headquartered landfill gas-to-liquid fuels and chemicals producer Velocys Plc and its subsidiary Velocys, Inc. is reporting an agreement with Occidental Petroleum subsidiary Oxy Low Carbon Ventures, LLC (Oxy) under which Oxy will capture and store CO2 from Velocys' planned Bayou Fuels waste woody biomass-to-fuels project in Natchez, Mississippi.

According to OXY, it is uniquely positioned to transport and store the CO2 by leveraging Occidental's industry leadership in CO2 storage and utilization for enhanced oil recobery (EOR). (Source: Velocys, gasworld, 19 Oct., 2019)Contact: Velocys Plc, David Pummell, CEO, +44 1235 841 700, (713) 275-5840 -- Houston Office, info@velocys.com, www.velocys.com; Oxy Low Carbon Ventures LLC, www.oxy.com

More Low-Carbon Energy News Velocys,  Biofuel,  Biorefinery,  Waste-to-Fuel,  Bayou Fuels,  


Velocys' Altalto Planning UK Waste-to-Jet Fuel Plant (Int'l Report)
Altalto Immingham,Velocys
Date: 2019-08-23
In the UK, Velocys subsidiary Altalto Immingham Limited reports it is collaborating with British Airways and Shell on the development of a waste-to-jet fuel project at its site in Immingham, North East Lincolnshire.

Velocys is leading the project and is supplying the central processing unit -- micro-Channel Fischer-Tropsch reactors with the proprietary Velocys Actocat catalyst.

The plant would process more than 500,000 tpy of non-recyclable household and commercial solid waste destined for landfill or incineration into more than 60 million llpy (15.85 million gpy) of cleaner-burning sustainable jet and road fuel. Velocys' technology will reduce greenhouse gas emissions by 70 pct for every tonne of sustainable jet fuel that replaces a tonne of conventional fossil fuel.

Subject to planning, funding decisions and regulatory approvals, the plant is expected to break ground in 2021 for full production in 2024. British Airways intends use jet fuel produced at the plant. (Source: Altalto Immingham, Green Car Congress, 22 Aug., 2019) Contact: Altalto, www.altalto.com; Velocys Plc, David Pummell, CEO, +44 1235 841 700, (713) 275-5840 -- Houston Office, info@velocys.com, www.velocys.com

More Low-Carbon Energy News Velocys,  Altalto Immingham,  


Velocys Reports £7 Mn Funding Round Progress (Ind. Report)
Velocys PLC British
Date: 2019-07-15
UK-headquartered landfill gas-to-liquid fuels and chemicals producer Velocys Plc is reporting British Airways and Royal Dutch Shell PLC have invested a combined £2.8 million in a £7 million fundraising round.

The proceeds will be used for front-end engineering design of Velocys' Mississippi biorefinery, to build on intellectual property, and to test catalyst and Fischer-Tropsch reactors. (Source: Velocys, Alliance News, 15 July, 2019) Contact: Velocys Plc, David Pummell, CEO, +44 1235 841 700, (713) 275-5840 -- Houston Office, info@velocys.com, www.velocys.com

More Low-Carbon Energy News Velocys,  Biofuel,  Biorefinery,  Waste-to-Fuel,  


Velocys Proposed Natchez Biorefinery on Track (Ind. Report)
Velocys
Date: 2019-06-03
UK-headquartered landfill gas-to-liquid fuels and chemicals producer Velocys Plc is reporting its proposed biorefinery in Natchez, Mississippi, has completed the environmental assessment required under the National Environmental Policy Act, as well as approximately 1,000 hours of integrated demonstrations processing dry Southern yellow pine wood chips to fuels in North Carolina at a rate of 4 metric tpd.

According to the company, the wood chip-to-fuel demonstration allowed it to demonstrate actual biofuel yields from representative feedstock and actual syngas composition. The proposed 20 MMgy Natchez facility is expected to begin operations in 2024. (Source: Velocys, 29 May, 2019) Contact: Velocys Plc, David Pummell, CEO, +44 1235 841 700, (713) 275-5840 -- Houston Office, info@velocys.com, www.velocys.com

More Low-Carbon Energy News Velocys,  Biofuel,  Biorefinery,  


Velocys, Red Rock Amend Fischer-Tropsch Reactors Deal (Ind Report)
Velocys,Red Rock Biofuel
Date: 2019-02-13
UK-headquartered landfill gas-to-liquid fuels and chemicals producer Velocys Plc reports it and Fort Collins, Colorado-based Red Rock Biofuels LLC (RRB) have agreed to amendments in RRB's licensing of Velocys' Fischer-Tropsch reactors and proprietary catalyst for RRB's biorefinery which is under construction in Lakeview, Oregon.

The amended agreement will see Velocys accelerate delivery of the first of four reactors and first four charges of catalyst. It will also reduce RRB's commitment for reactors from six to four but RRB will retain an option to acquire reactors 5 and 6 units at the existing price until the end of 2020. (Source: Velocys, Hydrocarbon Engineering, Others, 12 Feb., 2019) Contact: Velocys Plc, David Pummell, CEO, +44 1235 841 700, (713) 275-5840 -- Houston Office, info@velocys.com, www.velocys.com; Red Rock Biofuels, Terry Kulesa, CEO, (970) 223-6766, tkulesa@redrockbio.com, www.redrockbio.com.

More Low-Carbon Energy News Fischer-Tropsch,  Velocys,  Red Rock Biofuel,  


Biorenewable Deployment Consortium's Raleigh Fall Forum Update (Conference, Ind. Report)
Biorenewable Deployment Consortium
Date: 2018-10-31
The Biorenewable Deployment Consortium (BDC) Fall Forum was held in Raleigh, N.C. on October 9-10 and was combined with a visit to the Velocys' Microchannel Fisher-Tropsch pilot plant that is integrated with the ThermoChem Recovery International (TRI) Biomass Gasification and Gas Clean-up system at TRI's Advanced Development Center in Durham. Velocys has announced the commercial "Bayou Fuels" project for Natchez, MS. The project will combine the two companies' technologies to convert locally sourced waste woody biomass into transportation fuel.

The Forum boasted record attendance, including a diverse group of international members and guests. Discussions included updates from leading bio-process companies on new processes and commercial advances that can add value to the forest products industry. Highlights of the Forum included commercial progress of nanotechnology presented by keynote Sean Ireland, VP, Business Development for Fiberlean Technologies; evolutionary value added technologies for the chemical recovery cycle and soap removal / tall oil production; commercial progress of wood to bioproducts from Velocys, Ensyn, and Red Rock; and commercial progress for lignin conversion to end products.

USDA Administrator Bette Brand attended the meeting and tour. "The USDA recognizes the importance of the partnership between government and private industry designed to bridge the early financial issues of start-up companies in the biorenewable area that we believe will help improve economies in rural communities," said Ms. Brand ommented. Meeting attendees participating in USDA programs included Velocys, Ensyn, Red Rock Biofuels, REG, and American Biocarbon.

Masood Akhtar, President of BDC commented, "In BDC's view, it is important for the government to be confident in the companies they financially assist, and the scale up requirements of the USDA have been critical to the success of new start up companies." "The success of the BDC meeting is due to a combination of the mission of the organization, the make-up and participation of the membership and guests, and the ingenuity and progress of the entrepreneurial management teams in the up and coming bio-industry," Akhtar concluded. (Source: BDC, PR, Oct., 2018) Contact: BDC, Ben Thorp, Chairman, (804) 743-3105, Ben.Thorp@biorenewabledc.org, www.biorenewabledc.org; Velocys, Jeff McDaniel, VP, (614) 733-3300, jeff.mcdaniel@velocys.com, www.velocys.com; ThermoChem Recovery International, Chris Doherty, VP, (410) 525-2400, cdoherty@tri-inc.net, www.tri-inc.net

More Low-Carbon Energy News Biorenewable Deployment Consortium,  Velocys,  ThermoChem Recovery International ,  


Velocys Loss Deepens as Renewable Fuels Plan Progresses (Int'l)
Velocys
Date: 2018-09-26
Renewable fuels firm Velocys PLC is reporting for the six months ended June, pretax loss deepened to £25.0 million from £10.6 million in the previous year , despite significantly rising revenues. Profit performance was hurt by £15.1 million in exceptional costs during the period, up from £701,000 a year prior. Of these, £14.3 million of the one-off costs were associated with an impairment of loans receivable. Underlying loss -- excluding exceptional costs -- remained broadly flat at £9.9 million, the company reports.

Even so, the company's CEO claimed "In the first half, Velocys continued to make excellent progress against its renewable fuels strategic plan. We continue to drive forward our two main projects to develop biorefineries in the US and UK and implement the supply chain that will deliver our reactors and catalyst to the Red Rock Biofuels facility now under construction." (Source: Velocys, Morningstar, Alliance News, 26 Sept., 2018) Contact: Velocys Plc, David Pummell, CEO, +44 1235 841 700, (713) 275-5840 -- Houston Office, info@velocys.com, www.velocys.com

More Low-Carbon Energy News Velocys,  ,  


Velocys' Natchez Biorefinery Site FONSI Approved (Ind. Report)
Velocys
Date: 2018-08-10
UK-headquartered landfill gas-to-liquid fuels and chemicals producer Velocys Plc Velocys plc reports the USDA has issued a Finding of No Significant Impact (FONSI) ruling on the environmental assessment report for Velocys' planned Bayou Fuels biorefinery in Natchez, Mississippi. With the FONSI process completed, Velocys will now focus on securing the requisite state-level permits to construct and operate the biorefinery.

The 100-acre Natchez biorefinery will use Velocys' technology to produce low-carbon transportation fuels from the wood wastes of lumbering operations and tree plantations. The plant is expected to convert locally-sourced woody biomass waste into enough renewable fuel to meet the annual demands of running around 40,000 diesel and gasoline trucks. (Source: Velocys Plc, PR, 7 Aug., 2018)Contact: Velocys Plc, David Pummell, CEO, +44 1235 841 700, (713) 275-5840 -- Houston Office, info@velocys.com, www.velocys.com

More Low-Carbon Energy News Velocys,  Woody Biomass,  Biofuel,  


Velocys Planning £6Mn Share Offering (Int'l Report)
Velocys
Date: 2018-07-30
UK-based landfill gas-to-liquid fuels and chemicals producer Velocys Plc reports it is seeking to raise £6 million ($7.9 million) gross in a share placement. The proceeds will be earmarked for the company's waste-to-renewable jet fuel project in the US, as well as for support for the ENVIA project and for on-boarding strategic investors for the Natchez, Mississippi biorefinery project, which will use woody biomass as feedstock.

The placing is to happen in two tranches of 30 million shares each. Cannacord Genuity Group, Numis Securities Ltd, Peat & Co and Turner Pope Investments (TPI) Ltd arranged the placing, which is not being underwritten. (Source: Velocys, Renewables, 26 July, 2018) Contact: Velocys Plc, David Pummell, CEO, +44 1235 841 700, (713) 275-5840-- Houston Office, info@velocys.com, www.velocys.com

More Low-Carbon Energy News Velocys,  Waste-to-Fuel,  Jet Fuel,  Aviation Fuel,  Woody Biomass,  


Velocys Secures Funding for UK Waste-to-Jet Fuel Project (Int'l)
Velocys
Date: 2018-06-20
UK-based landfill gas-to-liquid fuels and chemicals producer Velocys Plc reports it has secured £4.9 million of funding for the next development phase of the waste-to-sustainable jet fuel project the company is developing in the UK. As part of the funding package a grant of £434,000 has been secured from the Department for Transport (DfT) under the Future Fuels for Flight and Freight Competition (F4C).

The project is being developed with support from oil giant Royal Dutch Shell and British Airways. The team is developing the engineering and business case for the construction of a first plant in the UK that will convert hundreds of thousands of tpy of post-recycled waste into clean-burning, sustainable fuels to be used by British Airways.

The fuel is expected to deliver over 70 pct greenhouse gas reduction and 90 pct reduction in particulate matter emissions compared with conventional jet fuel. The project partners expect to reach a final investment decision in the first half of 2020. (Source: Velocys, PR, Business Leader, 19 June, 2018) Contact: Velocys Plc, David Pummell, CEO, +44 1235 841 700, (713) 275-5840-- Houston Office, info@velocys.com, www.velocys.com

More Low-Carbon Energy News Velocys,  Waste-to-Fuel,  Aviation Biofuel,  


Velocys' Miss. Biorefinery Seeks Partners, Investors (Ind. Report)
Velocys
Date: 2018-05-25
The UK-based landfill gas-to-liquid fuels and chemicals producer Velocys Plc reports it is seeking one or more strategic investors for a woody biomass-to-fuel biorefinery project in Natchez, Mississippi, the final investment decision (FID) for which is now expected in the second half of 2019.

The company's £759,000 ($1 million) revenue in 2017 came mainly from the lease of catalyst to and engineering support for Envia Energy's plant in Oklahoma City, which uses the Velocys Fischer-Tropsch (FT) system, and revenues from feasibility studies, predominantly for a UK waste-to-jet fuel project, accordinb to the company. (Source: Velocys, Renewables Now, Others, 24 May, 2018) Contact: Velocys Plc, David Pummell, CEO, +44 1235 841 700, (713) 275-5840-- Houston Office, info@velocys.com, www.velocys.com

More Low-Carbon Energy News Green Fuel,  Velocys,  Biofuel,  Biorefinery,  


Velocys Manufacturing Fischer-Tropsch Reactors for Red Rock Biofuels Project (Ind. Report)
Velocys,Red Rock Biofuels
Date: 2018-05-07
UK-headquartered Velocys plc reports it has begun manufacturing the Fischer-Tropsch reactors and catalyst for Ft. Collins-based Red Rock Biofuels LLC (RRB) biorefinery that will be located in Lakeview, Oregon, US. RRB has broken ground on the biorefinery which will produce low-carbon, renewable diesel and jet fuel. RRB is a subsidiary of IR1 Group LLC, which has 325 million gal. of installed biofuels capacity. The biorefinery in Lakeview will convert forestry residue into 15 million gpy of renewable transportation fuels, including diesel and jet fuel.

Velocys' role will be as a licensor for its technology to the project. (Source: Velocys plc, Velocys plc Hydrocarbon Engineering, 7 May, 2018) Contact: Red Rock Biofuels, Terry Kulesa, CEO, (970) 223-6766, tkulesa@redrockbio.com, www.redrockbio.com; Velocys plc David Pummell, CEO, +44 1235 841 700, (713) 275-5840-- Houston Office, info@velocys.com, www.velocys.com

More Low-Carbon Energy News Velocys,  Biofuel,  Fischer-Tropsch,  Red Rock Biofuels,  


Velocys Announces ENVIA Biorefinery RINs Verified (Ind. Report)
Velocys,ENVIA Energy
Date: 2018-03-19
The UK-based landfill gas-to-liquid fuels and chemicals producer Velocys PLC reports the Renewable Identification Numbers (RINs) produced at ENVIA Energy's Oklahoma City plant have been verified by Weaver, an independent third party auditor, under the Quality Assurance Program (QAP) approved by the US EPA.

The third-part verification represents a commercial validation of Velocys' technology and supports the Company's strategy to build a biorefinery in Natchez, Mississippi.

ENVIA Energy has inked a fixed-price RIN purchase and sale agreement with TransMontaigne Product Services, LLC (a wholly-owned subsidiary of NGL Energy Partners).

Only 400,000 D7 RINs have ever been generated within the US. ENVIA is expected to generate around 100,000 D7 RINs per month under the approved pathway.

By way of contrast, Velocys' future Mississippi biorefinery is being designed to generate over 20 million gallons of fuel and is expected to generate over 30 million D3/D7 RINs per year. (Source: Velocys, PR, DigitalJournal, 15 Mar., 2016) Contact: Velocys, David Pummell, CEO, +44 1235 841 700, (713) 275-5840-- Houston Office, info@velocys.com, www.velocys.com; ENVIVA Energy, www.envivabiomass.com

More Low-Carbon Energy News Velocys,  RINs,  ENVIA Energy,  


ENVIA's Fuel Believed to Meet US EPA RFS (Ind. Report)
Velocys PLC,ENVIVA
Date: 2018-01-17
Alliance News is reporting London-based landfill gas-to-liquid fuels and chemicals producer Velocys PLC notes that its JV partner ENVIA Energy claims that fuel produced at the Oklahoma City gas-to-liquids plant meets the requirements to be submitted for qualification under the US Renewable Fuel Standard (RFS). Accordingly, the facility has submitted numerous Renewable Identification Number (RIN)credits to the US EPA registration system.

Subject to the confirmation of the pathway compliance, all necessary processes to trade the D7 RIN credits will be completed in the first quarter of 2018.

ENVIA's Fischer-Tropsch process creates a drop-in fuel from renewable biogas and pipeline natural gas. For a fuel produced exclusively from renewable feedstock, this equals to RIN values at around $4.0 per gallon . (Source: Velocys PLC, ENVIVA, Alliance News , 16 Jan., 2018) Contact: Velocys, David Pummell, CEO, +44 1235 841 700, (713) 275-5840 - Houston Office, info@velocys.com, www.velocys.com; ENVIVA Energy, www.envivabiomass.com

More Low-Carbon Energy News Fischer-Tropsch,  ENVIVA,  RINs,  Velocys PLC,  Renewable Fuels,  


Velocys Planning Natchez Mississippi Biorefinery (Ind. Report)
Velocys
Date: 2017-10-25
The UK-based landfill gas-to-liquid fuels and chemicals producer Velocys PLC reports Velocys reports it has taken an option on a 100-acre site in Natchez, Mississippi where it plans to construct a biorefinery that will process woody biomass into high specification renewable diesel and aviation jet fuel for the US market, its primary focus.

According to the company, it has been offered $2 million in county tax incentives, $15 million in state tax breaks as well as smaller incentives. (Source: Velocys, Natchez Democrat, AP, 23 Oct., 2017) Contact: Velocys, David Pummell, CEO, +44 1235 841 700, (713) 275-5840 - Houston Office, info@velocys.com, www.velocys.com

More Low-Carbon Energy News Velocys,  


British Airways, Velocys Tout Jet Biofuels Agreement (Int'l)
British Airways, Solena Fuels,Velocys
Date: 2017-09-20
In the UK, air carrier British Airways (BA) reports it is partnering with waste-based biofuels producer Velocys. Under the partnership, BA will help design a series of plants that will process hundreds of thousands of tonnes of household waste per year into aviation biofuel.

BA's previous 2010 waste-to-fuel "GreenSky" initiative with Washington-based Solena Fuels fell apart because of mixed government support, low crude oil prices and other factors. Factors that could lend support to the BA-Velocys initiative include the UK government's addition sustainable jet fuel incentives under its Renewable Transport Fuels Obligation (RTFO), which was updated Sept. 14. Velocys presently produces fuel from waste in Houston, Texas. (Source: British Airways, Air Transport World, 18 Sept., 2017) Contact: Solena, (202) 682-2405, www.solenagc.com; Velocys, David Pummell, CEO, +44 1235 841 700, (713) 275-5840 - Houston Office, info@velocys.com, www.velocys.com

More Low-Carbon Energy News British Airways ,  Solena Fuels,  Aviation Biofuel,  Velocys ,  


Velocys Refocusing on U.S. Renewable Fuels Market (Int'l)
Velocys
Date: 2017-06-23
The UK-based landfill gas-to-liquid fuels and chemicals producer Velocys PLC reports it is targeting the US market as it transitions into a renewable fuels company. Velocys is aiming to build plants that convert woody biomass to high specification renewable diesel and aviation jet fuel for the US market, its primary focus.

According to Velocys CEO David Pummell, the company is moving away from being a Fischer-Tropsch technology-based company to being a renewable fuels company. The Fischer-Tropsch process converts carbon monoxide and hydrogen into liquid hydrocarbons. (Source: Velocys, PR, Alliance News, Others, 22 June, 2017) Contact: Velocys, David Pummell, CEO, +44 1235 841 700, (713) 275-5840 - Houston Office, info@velocys.com, www.velocys.com

More Low-Carbon Energy News Velocys ,  Fischer-Tropsch,  Renewable Fuels,  Biofuel,  Woody Biomass,  


IHI E&C Selected for Velocys Biomass-to-Liquids Plant Engineering Study (Ind. Report)
Velocys,IHI E&C International
Date: 2017-06-05
London, UK-based gas-to-liquisd specialist Velocys PLC reports it has selected Houston, Texas-headquartered IHI E&C International Corp to carry out pre-front end engineering design for its first biomass-to-liquids plant in the U.S. The engineering study is expected to be completed in the second half of 2017.

Velocys will work with IHI E&C and its technology partners to support the rapid deployment of the biomass-to-liquids plant in the renewable fuels space. According to Velocys, the contract aligns its own interests with IHI, as both look to enter the US renewable transportation fuels market. (Source: Velocys, PR, Alliance, 5 June, 2017) Contact: Velocys, David Pummell, CEO, CEO, +44 1235 841 700, (713) 275-5840 - Houston Office, info@velocys.com, www.velocys.com; IHI E&C International, (713) 270-3100, www.ihi-ec.com

More Low-Carbon Energy News Velocys,  Gas-to-Liquids,  Biomass-to-Liquid,  

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