6th Jan 2014 07:48
LONDON (Alliance News) - Gas-to-liquids company Velocys PLC Monday said it expects to book over USD2 million in revenue in 2014-15 from the sale of a commercial Fischer-Tropsch reactor to a customer in the Commonwealth of Independent States.
In a statement, the company formerly known as Oxford Catalysts Group said the 175 barrels a day reactor, with accompanying catalyst, will be installed in a small gas-to-liquids plant processing natural gas into synthetic crude, and is intended to be delivered in the second half of 2014.
By Steve McGrath; [email protected]; @SteveMcGrath1
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