Oxford Catalysts Share Discussion Threads

[fern5] 10/7/2013 01:06

and when might that be? Any clues?

[arf dysg] 09/7/2013 13:23

...and let's hope that's two pounds rather than two pence.

[gac141] 09/7/2013 10:54

This could hit 2.00 the day they announce their first commercial order for GTL...

[hawkwind4] 08/7/2013 20:15

On the way back to around 2.00 by year end imo

[arf dysg] 08/7/2013 17:27

Have you ever seen ducks in winter? Imagine a few of them on a (large) icy pond. One of their friends is on final approach... flaps down... undercarriage down... final flare... touchdown... at which point they discover that it's a sheet of ice... splat, tumble, spin, flap flap squawk, sit up and pretend nothing happened, walk carefully across the ice, try to look dignified.

Oh, no, I saw you! I saw you and I nearly split my sides laughing.

[sailastra] 08/7/2013 14:22

Shooting ducks from a punt(low flat boat)is done with the use of a punt gun, a very large shot gun mounted on the bow...filled with shot you have one chance to make as big a kill as possible.. So you do not aim at one or two ducks.. Wait patiently and with luck more ducks will be encouraged to land next to their friends.... At present we have a couple of ducks...but not enough to warrant taking a shot... Patience

[arf dysg] 08/7/2013 11:02

If it quacks like a row of ducks, and waddles like a row of ducks, it probably is a row of ducks.

I guess a row of ducks wouldn't be able to do the Mexican wave but they might be able to do the Mexican waddle.

[wes1] 08/7/2013 09:55

It was announced the other day (Friday 5th July) that Tilbury Power Station is closing down - ideal scenario for Greensky London!
://alturl.com/eyhgb

after the announcement of the closure of TPS, the manager of the Tilbury power station, Nigel Staves has said he hoped that "bio-mass" fuel will be generated at the site in the future
://alturl.com/mhedv

is that a row of ducks I can see getting all lined up!

[hawkwind4] 08/7/2013 08:13

Hey up, another sale. Looking good

[phsycho] 08/7/2013 08:12

Encouraging statement from the CEO of IR1 good news

[wes1] 08/7/2013 08:08

RNS ...

Oxford Catalysts Group (OCG.L), the technology innovator for smaller scale Gas-to-Liquids (GTL), is pleased to announce that it has been selected as the Fischer-Tropsch (FT) technology provider for the design and possible construction of a commercial Biomass-to-Liquids (BTL) plant in the USA.

The BTL project was recently awarded a $4.1 million grant from the US Department of Defense (under the Defense Production Act Title III Advanced Drop-in Biofuel Production Project), which will help fund detailed engineering for a 1,100 barrels per day (bpd) BTL facility, following which the project will have an opportunity to apply for a further grant of up to $70 million to construct the proposed plant.

The proposed BTL facility, led by Red Rock Biofuels, a subsidiary of IR1 Group LLC ("IR1"), an experienced biofuels project developer, will be located in Oregon and will be designed to convert some 170,000 tons per year of forestry derived biomass into approximately 1,100 bpd of liquid transportation fuels. Preliminary engineering is complete, and with the aid of this grant is expected to be progressing through detailed engineering and design over the course of some nine months. Following successful completion of the detailed design phase, IR1 expects to apply for the additional grant funding to support construction.

Roy Lipski, CEO of Oxford Catalysts Group, said:

"We are pleased to have our technology selected once again, this time for a promising opportunity in the growing area of Biomass-to-Liquids. We're also excited by the potential for this project to access $70 million of government funding to support early adoption of a synthetic fuels plant."

Terry Kulesa, CEO of IR1 Group, said:

"The choice of Velocys FT was easy. No other FT technology offered the combination of high performance and efficiency at a scale appropriate for a BTL facility. We're pleased to be working with the Group on this pioneering project."
hxxp://alturl.com/75zcn

[25october1969] 01/7/2013 07:57

Encouraging comment from the chairman in the RNS today

"With our Company nearing possible explosive growth......................"

[wes1] 27/6/2013 10:05

Easier to read the original article, and it's got pictures! :-)
www.nigerianorientnews.com/?p=3986

[wes1] 27/6/2013 09:55

Onwards and upwards

Following three successful field demonstrations, Oxford Catalysts Ltd is now accepting orders for our microchannel FT technology. (See the Composite Reactor and Process Diagram illustration) The technology has already been selected for use in two commercial plants and the company is involved in a number of engineering studies for onshore applications as a prelude to selection. "We are also adapting our microchannel GTL technology for offshore use by adding a microchannel steam methane reformer (SMR) reactor to our range. This compact reactor, designed to generate the syngas feed for our micro channel FT reactor, is now being commercialised. The microchannel FT and SMR reactor combination is now operating at a demonstration site of a major oil company. It is an exciting time for the Oxford Catalysts Group and we're celebrating by changing our name. From the second half of 2013 we will trade solely under the Velocys name" Hargreaves said.

Meanwhile, the company is looking forward to more commercial rollouts of this technology for use in both GTL and biomass-to-liquids (BTL) applications. "We feel we are making real progress towards our ultimate goals: developing a new technology to produce clean fuels, and a new route to market for uneconomic gas of any type, both on and offshore", Said Hargreaves.

[wes1] 27/6/2013 09:53

In-house innovation

"We are the only company in this industry to have both dedicated reactor and catalyst development teams in-house" said Dr Neville Hargreaves, Business Development Director at the Oxford Catalysts Group, as quoted by InnovOil magazine. "The FT reactor, marketed under the Velocys brand and developed at our US subsidiary, Velocys Inc., takes advantage of micro channel technology, a developing field of chemical processing that intensifies chemical reactions by reducing the dimensions of the reactor systems to accelerate significantly process productivity".

"The FT catalyst, developed at our UK subsidiary, Oxford Catalysts Ltd, is a novel class of catalyst made using our patented organic matrix combustion (OMX) method. OMX enables higher metal loadings while still maintaining optimal crystallite sizes and surface shape. The result is a highly active FT catalyst with significantly higher productivity than catalysts made using the conventional incipient wetness impregnation method. It is also more stable and robust to changes in process conditions. The catalyst is subject to continuous development, and because it is in powder form, improved versions can be easily replaced in an FT reactor during commercial operation. All FT technologies require spent catalyst to be replaced every two to five years", Hargreaves said.

[wes1] 27/6/2013 09:50

Smaller scale GTL: Microchannel Reactors v Conventional GTL

The traditional thinking about gas-to-liquids (GTL) technology is that it only works on a very large scale. The handful of GTL plants that are currently operating require enormous and easily accessible local supplies of cheap gas and cost billions of US dollars to build. But there are many Smaller scale gas resources, including stranded gas and associated gas, that are currently wasted at great environmental and economic cost.

Recognising that these could provide a tremendous resource for producing clean fuels, the Oxford Catalysts Group has developed a technology that allows GTL to work on a much smaller scale. In contrast to conventional GTL plants, which are typically designed to produce more than 30,000 barrels per day (bpd) of GTL product, this technology works economically and efficiently at production rates ranging from 1,000-15,000 bpd. The Fischer-Tropsch (FT) process, in which syngas, a mixture of hydrogen and carbon monoxide, is converted into paraffinic hydrocarbons over a cobalt catalyst, lies at the heart of both GTL and our innovation. FT is an old process –first developed in the 1920s and 1930s to produce liquid fuel from coal. But by developing a new FT reactor and a new method of synthesising a highly active FT catalyst optimised for use in it, the company is opening up new opportunities to use this 'old' reaction in a new way. As well as providing a way to turn 'waste' gas into valuable clean fuels, our technology also makes it possible to take advantage of smaller-scale gas deposits, including coal-bed methane (CBM) and Shale gas.

In his presentation tagged "Smaller scale GTL: projects, partnerships and opportunities" at the just concluded CWC group organised, World XTL Summit, held in the United Kingdom, Jeff McDaniel, Commercial Director at Velocys inc., a US subsidiary of the Oxford Catalysts Group; gave a detailed description of this new GTL Technology. But Why Smaller Scale GTL?

McDaniel gave the following reasons; "for the mainstream, it is Possible for wide variety of gas reserves and it's open to more players, practically, it is Easier to finance, permit, supply and build. Also, there are Manageable risks – Phase investment; reduce in-field construction; reduce overall construction time; above all, it is Profitable as it unlocks resources; increase gas demand; capture gas / oil spread; access global markets and leverage existing infrastructure.

[wes1] 27/6/2013 09:48

Gas-To-Liquids

The World Bank estimates that 134 billion cubic metres of gas was flared worldwide in 2010, equivalent to almost 5 trillion cubic feet. If all this gas was converted to liquid fuels, it would equate to around 500 million barrels each year. Vast shale gas reserves have been discovered in North America and the majority of gas reserves worldwide are not big enough to make conventional GTL, LNG and CNG economic. In addition, trillions of cubic feet are reinjected every year at a cost, in order to avoid flaring.

Not only this, but less than 5% of stranded gas fields can be economically exploited using conventional technologies such as LNG and CNG, and the rate of production possible from these reserves is way below the 30,000 barrel per day typically needed to make conventional GTL plants economic.

But much of this gas can now be captured and used on the small scale, economically. As the world searches for the security of new energy and fuels sources, microchannel GTL has the potential to unlock a vast quantity of the fossil reserves currently inaccessible. It is believed that currently flare gas could generate around 3 million barrels per day of synthetic fuel, and 'problem' gas, either stranded reserves or that associated with crude oil which would currently be reinjected, a further 20 million barrels per day. The prospects for GTL are strong, and getting stronger.

The development of North American shale gas is having a dramatic impact on gas markets. As a result, the supply and demand balance of gas has changed and the traditional pricing ratio between oil and gas has been broken. The US Energy information Agency forecasts years of steadily increasing oil prices but gas prices which will remain low. GTL, converting low value gas into high value clean synthetic oil, provides a significant financial opportunity.

[hawkwind4] 26/6/2013 22:53

good time to get in if you want. Iv'e been in and out of them a few times, Price is low at pres, they did go above 30p at one time in the last twelve months, but? do your own homework. I suggested almost 1.5 years ago that OCG should be knocking on their door. SNR have spent a long time building their infrastructure to get the stuff to port, for shipping out. They should have looked at OCG and bio as an alternative £ outlet as an extra revenue source imho

[hawkwind4] 26/6/2013 22:45

Not sure adorling, one man and his dog I guess by the size of orders over the last year.

[gac141] 26/6/2013 11:01

Thanks Wes1

[wes1] 26/6/2013 10:27

50% of airline costs are for fuel.

BA burn a billion gallons every year that's 18million tons of CO2 at a cost of $300million.

Assuming BA Greensky does not hit any snags then the rollout will be followed by Lufthansa in Berlin, then Fedex in Indianapolis, then American Airlines and United Continental Airlines in California for flights out of San Francisco Bay Area airports.

The airline industry is aiming to be carbon neutral by 2020. One of the few airlines not interested is Delta Airlines and that is because they bought their own refinery last year. South Africa has no oil so they produce their own drop-in jet fuel from coal using the FT process, every jet flying out of South Africa does so using this product.

[adorling] 26/6/2013 10:16

Good point - How big is the sales team Hawkwind?

[hawkwind4] 26/6/2013 09:06

Bigger sales team required?

[gac141] 26/6/2013 08:13

Maybe this will speed up adoption?

"Barack Obama to cut emissions in vow to save planet"

[gac141] 26/6/2013 08:13

Maybe this will speed up adoption?

"Barack Obama to cut emissions in vow to save planet"