Velocys® – the renewable fuels company
Velocys is focused on developing a series of biorefineries, with its partners, to address the growing, attractive market for renewable jet fuel and diesel, principally in the US.
The company provides a cost-effective route from low cost, woody biomass to advanced biofuels and associated carbon credits. There is an abundance of suitable feedstock from entirely sustainable sources, allowing the Velocys route to be highly scalable to meet increased demand. Velocys also provides a scalable, cost-effective route to renewable fuels from municipal waste.
Velocys and its partners are on course to produce around 20 million gallons per year of drop-in renewable fuels by 2022 – the use of which significantly decreases greenhouse gas and particulate emissions relative to conventional fuels.
First finished, saleable products have been successfully produced at ENVIA Energy's GTL plant in Oklahoma City. The products produced by the plant are premium, renewable waxes, diesel and naphtha. The operations team is continuing the implementation of the pre-planned programme of ramping up production to target operational capacity over the coming months.
Velocys has produced a video about the Company’s involvement in ENVIA Energy’s GTL plant in Oklahoma City and the significance of the project to Velocys. The video was filmed prior to the start-up of the plant and includes commentary from personnel representing Velocys and ENVIA Energy.