Study commences on UK-based waste-to-liquids plant
OREANDA-NEWS. February 26, 2016. Velocys plc (VLS.L), the company at the forefront of smaller scale gas-to-liquids (GTL), is pleased to announce the commencement of an initial engineering study on the development of a new waste-to-liquids (WTL) project in the United Kingdom.
The proposed project would take hundreds of thousands of tonnes per year of post-recycled waste, destined for landfill or incineration, and convert it into clean-burning, sustainable jet fuel and diesel. Velocys is partnering on this project with a company affiliated to its largest shareholder, Ervington Investments. The partners have commissioned an engineering study that is being carried out by Amec Foster Wheeler, the international engineering, procurement and construction company.
Neville Hargreaves, Velocys' Business Development Director, is today presenting a talk entitled "Waste to liquid fuels: a route to project viability" at the Energy from Waste conference in London.
David Pummell, CEO of Velocys, said: "We continue to see economic opportunities around the world with both natural gas and other feedstocks. We are excited by the prospect of being involved in finding a successful route to a waste-to-liquids plant incorporating our technology in the UK, where a combination of gate fees and fuel credits aid plant economics. We have strong customer interest, because this would be one of the few commercial options for making sustainable jet fuel. Velocys and Ervington have a mutual strategic interest in delivering a commercial scale WTL solution and see this UK opportunity as meeting our joint criteria for success."
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