Velocys Collaboration with Toyo Advances to Commercial Stage

Source: 8/31/2021, Location: Asia

Velocys plc (VLS.L), the sustainable fuels technology company, is pleased to announce that its collaboration partner, Toyo Engineering Corporation (TOYO) is starting the advanced engineering and design phase of a commercial scale biofuel refinery in Japan.

TOYO’s engineering study will start to establish commercial-scale production of Sustainable Aviation Fuel (SAF) in Japan. During this phase of the project, TOYO will integrate biomass gasification, Velocys’ Fischer Tropsch (FT) technology and other process technologies to efficiently convert woody biomass into SAF. This project is part of the “Biojet Fuel (or SAF) Production Technology Development Project” of the Japanese Government’s New Energy and Industrial Technology Development Organization (NEDO).

This announcement follows on from the news that the demonstration project successfully produced SAF from woody biomass feedstock using the Company’s proprietary FT technology and enabled the first commercial flight with wood-based fuel.

Henrik Wareborn, CEO of Velocys, said:

“This step towards a commercial-scale biorefinery in Japan shows the increasing momentum of the Sustainable Aviation Fuel market. This announcement of a woody biomass project and last week’s announcement of the e-fuels project also with TOYO, build upon our successful demonstration last year.

“Velocys is well positioned to deliver its proprietary FT technology to biorefinery projects that convert a range of renewable feedstocks into the low carbon, sustainable fuel that airlines need to meet their carbon reduction goals, without having to make any adjustment to engines or fuelling systems.”

Russia >>  5/12/2022 - Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij – subsidiaries of Shell plc – have signed an agreement to sell Shell Neft LL...
Russia >>  4/27/2022 - As of the end of the working day on April 26, Gazprom Export did not yet receive from Bulgaria's Bulgargaz and Poland's PGNiG payments for the gas sup...

Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.