We initiate and drive the development of biorefineries from concept to full operations. By taking the lead in projects, we reduce delivery risk and accelerate growth. We plan to convert some or all of our equity stakes in the development (or project) company into equity in the operating plants. We will derive a stream of dividends from those equity stakes in the operating biorefineries. We also expect ongoing revenues from technology supply, service contracts and the licensing of our technology.
We work seamlessly with our partners to deliver modular, fully integrated, financeable, cost-effective and operations-ready biorefineries. Using Velocys’ engineering and operational expertise as well as our proprietary technology, we continuously improve our complete offering.
Our alliances, including manufacturing, gasification, product offtake and feedstock supply, are with strategic partners that have the resources, scale and capabilities to access large, high value markets at pace.
We want to deliver an affordable fuel supply that drives the economy forward as well as meeting environmental concerns. It is an urgent priority for us all.
We believe Velocys’ proven technology, processes and deployment know-how will be in ever-increasing demand from businesses, governments and consumers to deliver renewable fuels at scale.
We expect our readily deployable fuel manufacturing process to be increasingly used in multiple locations close to sources of sustainable feedstocks – places where there is a need to make the most of existing waste materials, a desire for cleaner fuel, a need for local jobs and a sustainable fuel source for the future.
We believe that the combination of our business model, our technology and our team provides a competitive advantage in delivering multiple cost effective, financeable plants producing cellulosic renewable fuels.
Velocys is currently developing two projects utilising waste materials – a waste biomass to renewable diesel facility in Mississippi and a Municipal Waste to jet fuel facility in the UK, demonstrating the applicability of our strategy nearly anywhere in the world facing similar challenges. Our biorefineries will enhance energy independence, reduce greenhouse gas emissions, create jobs and encourage the sustainable economic development of local economies.