UK-based sustainable fuels technology company Velocys has completed the construction and delivery of Fischer-Tropsch (FT) reactors and catalyst to Toyo Engineering, to be used in a biomass-to-jet fuel demonstration plant in Nagoya, Japan.
Toyo is currently constructing the bio-jet fuel facility as part of a consortium of Japanese companies. Velocys received the order earlier this year, which was worth approximately $0.5 million (€0.45 million).
The delivery is in addition to the ongoing work being carried out by Velocys in the UK and US on flagship projects.
“I am pleased that we have fulfilled the purchase order for Toyo, and look forward to the completion and operation of the demonstration plant,” commented Henrik Wareborn, CEO of Velocys. “This facility highlights the increasing and global commitment to sustainable aviation fuel production.”
Under the contract signed earlier this year with Toyo, Velocys additionally agreed to grant an exclusive right for Toyo to secure and use the licence and technical services of the FT technology for a future potential commercial plant in Japan, with an advance deposit of $4 million (€3.6 million).
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