Velocys enables gas-to-liquids (GTL) plants to convert unconventional, remote and problem gas into valuable liquid fuels.
Systems based on Velocys' technology are significantly smaller than those using conventional technology, enabling modular plants that can be deployed cost-effectively in remote locations and on smaller fields than is possible with competing systems. Together with world-class partners, Velocys provides complete smaller scale GTL solutions that address an untapped market of up to 25 million barrels of fuel a day.
Velocys' technology can also be applied to biomass-to-liquids (BTL) and coal-to-liquids.
Velocys plc is listed on the AIM market of the London Stock Exchange (LSE: VLS.L). The company has approximately 90 employees with facilities near Oxford, UK, in the USA near Columbus, Ohio and in Houston, Texas.
The company, previously known as Oxford Catalysts Group PLC, changed its name to Velocys plc on 25th September 2013.