Ashtabula GTL

Targeting the supply of high value speciality chemicals.

Following the recent review of the company’s strategy, Velocys is keeping its options open regarding the development of a plant at its Ashtabula site at a future date. The Company currently sees Western Canada as a promising location for a focus for developing its first gas-to-wax plant, is currently targeted on Western Canada, where there is an abundance of stranded gas. Much of the work undertaken for the Ashtabula project (partners, engineering and knowledge of wax market dynamics) is entirely transferable to a wax plant of the same size at a different location.

4 core FT

The Ashtabula GTL project site

 

Velocys plc trades through its subsidiaries Velocys, Inc., 7950 Corporate Blvd, Plain City, Ohio 43064, USA (Registered in the State of Delaware, USA) and Velocys Technologies Ltd, 115e Olympic Avenue, Milton Park, Abingdon, OX14 4SA, UK (Registered in England No. 5258554). Terms & Conditions. "Velocys" and the Velocys logo are trademarks of Velocys. © 2017 Velocys. All Rights Reserved.