Q: What was the reason for founding your organization – what was the open niche you saw that could be addressed with a new product or service? What was the problem, or gap, or opportunity? Velocys is delivering the next generation of sustainable fuels to decarbonize aviation. We were founded from spinouts of Oxford University […]
In the UK, Velocys has completed the manufacturing and delivery of four reactors to Red Rock Biofuels (RRB). RRB has a further option to purchase an additional two reactors by the end of 2020. “We are very pleased to have completed the reactor order for Red Rock’s facility in Oregon, USA, which will produce low […]
In the UK, Velocys has welcomed the publication of a letter to the Chancellor from a cross-party group of MPs, calling for the Government to enhance investment in aviation decarbonization, whilst recognizing synthetic fuels as the realistic practical solution to lower carbon emissions and meet net zero targets. The letter, sponsored by Conservative MP Sir […]
In the United Kingdom, Velocys plc, the sustainable fuels technology company, secured a further £0.5m (nearly $627,000 USD) of grant funding for the Altalto waste-to-fuels project from the Department for Transport, under the Future Fuels for Flight and Freight Competition. The proposed Altalto Immingham plant is planned to convert hundreds of thousands of tonnes per […]
In the UK, Velocys said planning permission has been given to Altalto Immingham, the UK’s first commercial waste-to-jet-fuel plant, by North East Lincolnshire Council (NELC)’s Planning Committee. A formal decision notice will then be issued subject to the completion of standard legal agreements with NELC. All statutory consultees have indicated their acceptance of the plan. […]
In the UK, Velocys announced the appointment of Worley to manage the delivery of its fully integrated technology package. Worley is the partner in the development of pre-feasibility, feasibility and FEED packages for all projects in the Velocys portfolio. This allows Velocys to leverage synergies across multiple projects and geographies. Worley’s global reach allows an […]
In the UK, Velocys announced it has constructed and now delivered Fischer-Tropsch (FT) reactors and catalyst to Toyo Engineering Corporation (Toyo) for use in a biomass-to-jet fuel demonstration facility in Nagoya, Japan. Toyo is currently constructing the bio-jet fuel facility as part of a consortium of Japanese companies. The order for Velocys was previously announced […]
In Mississippi, Velocys, Inc announced it has signed an agreement with Oxy Low Carbon Ventures, LLC (OLCV), to capture carbon dioxide (CO2) from Velocys’ planned Bayou Fuels biomass-to-fuels project in Natchez, Mississippi, and securely store it underground in a geologic formation. OLCV, a wholly owned subsidiary of Occidental, will take, transport and store CO2 captured […]
Rising stars are coming together as constellations, the stars are aligning and making magical things happen – today we explore 9 of those constellations building around Sustainable Aviation Fuels. Some of them are young protostars in the earliest stage of stellar evolution, while others are like the Earth’s sun, a main-sequence mid-size star, and a […]
In the UK, Velocys announced that it has raised £7 million in a private placing, selling shares at 3 pence each, complementing commitments received by the company from the Altalto Immingham waste-to-sustainable-fuels project’s strategic partners, British Airways and Shell, of £2.8 million in total. Net proceeds of the Placing will be used predominantly: (i) to […]
