Velocys has announced the execution of an agreement with ENVIA Energy, which officially completes the return of ownership of the two Fischer-Tropsch (FT) reactors to Velocys from ENVIA upon the conclusion of this new technology demonstration run at the ENVIA site in Oklahoma City, which was completed last year.
The return of the catalyst and reactors was intended under the terms of the original site license agreement with ENVIA. The two reactors were transferred to the Velocys Plain City, Ohio facility late last year for catalyst discharge. An initial review of the reactors concluded both reactors have met expected performance and durability measures throughout the allowed operating envelope.
Henrik Wareborn, CEO of Velocys, said: “The Velocys FT reactors produced more than 1.6 million litres of fuels and waxes over the course of this new technology demonstration at ENVIA. We are pleased that our post-decommissioning review of the units further shows they performed as designed not only on start-up, but also over a significant period of time.
These two reactors and the associated performance data and learnings from ENVIA will be very valuable for Velocys and our project partners as we proceed with the development of our two commercial scale biorefineries in Immingham, UK and Natchez, MS.”