Velocys plc has selected IHI E&C International Corp. to carry out the pre-FEED (FEL-2) engineering for its first biomass-to-liquids (BTL) plant.
IHI E&C, part of IHI Corp.’s global network of companies and joint ventures, will support the rapid deployment of the BTL plant offer to the renewable fuels sector. The engineering study will be completed in 2H17.
David Pummell, CEO of Velocys, said: “We believe IHI has the right experience and capabilities to advance the pre-FEED engineering of our integrated BTL offering. IHI is a world class EPC and they have an excellent track record across the entire BTL value chain that will drive further reductions in costs for our customers and accelerate the timeline to renewable fuels produced on a scalable and repeatable basis.”
Chris Celano, President of IHI E&C, said: “IHI E&C is pleased to have been awarded the pre-FEED for Velocys’ first biomass-to-liquids plant and welcomes the opportunity to work with Velocys and its strategic partners on this project. The award supports IHI E&C’s strategy within the renewables market and aligns with IHI Corp.’s mission to provide engineering solutions for social problems.”
Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/05062017/ihi-ec-awarded-pre-feed-engineering-contract/