Appointment
Oxford Catalysts Group PLC
02 July 2007
2 July 2007
OXFORD CATALYSTS GROUP PLC
('Oxford Catalysts' or 'the Company')
Appointment of Business Development Director
Oxford Catalysts Group PLC ('Oxford Catalysts' or 'the Company'), the leading
catalyst innovator for clean fuels, is pleased to announce that it has appointed
Derek Atkinson as Business Development Director, with immediate effect.
Derek will head business development for Oxford Catalysts' superior catalyst
technologies for the production of clean fuels, such as zero / ultra-low sulphur
diesel via Fischer-Tropsch or hydro-processing. He will be responsible for
identifying, establishing and maintaining development partnerships with leading
catalyst manufacturers, technology providers and operators in the gas-to-liquids
and other clean fuel markets.
During his 17 years working for Grace Davison, a leading supplier of catalysts,
Derek enjoyed global roles in both sales and marketing. He was responsible for
strategy for the product development, market introduction and subsequent sales
of adsorbents, catalysts and catalyst carriers used in a variety of
petrochemical applications. Derek was also the key driver within Grace Davison
for the initiation and early development work on silica and alumina based
supports for Fischer-Tropsch.
Latterly he was responsible for sales and marketing for the chemical catalysts
group in Europe and Asia Pacific where he was successful in co-developing with
customers new catalysts for, amongst others, the production of industrial
ethanol. Most recently, Derek was Sales Manager EMEA for the chemical catalysts
and automotive emission groups.
Commenting on his appointment, Derek Atkinson said:
'I am delighted to be joining such an entrepreneurial company with the
flexibility, drive and commitment that will enable it to make a significant
contribution to the development and commercialisation of processes to produce
cleaner fuels.'
Commenting on the appointment, Roy Lipski, Chief Executive Officer of Oxford
Catalysts said:
'Derek has vast worldwide experience of business development in many of the
markets in which we operate. We are looking forward to using his invaluable
skills and global contacts to help us commercialise our technologies. It is a
great pleasure to welcome Derek to the team.'
- Ends -
For further information, please contact:
Roy Lipski, CEO, Oxford Catalysts 01235 841 700
Derek Atkinson, Business Development Director, Oxford Catalysts 01235 841 700
Jonathon Brill / Billy Clegg, Financial Dynamics 020 7831 3113
Notes to Editors
Oxford Catalysts Group PLC, the leading catalyst innovator for clean fuels,
designs and develops specialty catalysts for the generation of clean fuels from
both conventional fossil fuels and certain renewable sources such as biomass.
Its patent-pending technology is the result of almost 20 years of research at
the University of Oxford's prestigious Wolfson Catalysis Centre, headed by
Professor Malcolm Green, one of the world's most respected inorganic chemists.
Oxford Catalysts was founded by Professor Green and Dr Xiao in October 2004 and
was admitted to trading on the AIM market of the London Stock Exchange on 26th
April 2006, having raised £15m before expenses from a solid base of
institutional investors.
Oxford Catalysts' strategy is to license its catalysts for commercial
application by entering into co-development partnerships with leading
manufacturers, producers and suppliers in the petroleum, petrochemicals, fuel
cells, biogas, steam applications and catalysis markets.
Oxford Catalysts has two key platform technologies. The first is for a novel
class of catalysts made from metal carbides which, for certain reactions, can
match or exceed the benefits of traditional precious metal catalysts at a lower
cost. Applications of these metal-carbide catalysts include the removal of
sulphur from crude oil fractions (known as hydro-desulphurisation or HDS), the
conversion of natural gas or coal into virtually sulphur-free liquid fuels via
the Fischer-Tropsch reaction (known as the GTL and CTL processes respectively),
and the transformation of biogas (waste methane) into syngas - the building
block of liquid fuels.
The second platform relates to chemical reactions involving a liquid fuel
containing an alcohol (such as methanol), hydrogen peroxide and water. The
company's novel catalyst can be used to release hydrogen gas from this liquid
fuel, instantaneously starting from room temperature. This groundbreaking
hydrogen-on-demand technology has the potential to significantly accelerate the
commercial adoption of fuel cells in the portable and other mobile markets, by
providing the much needed source of cheap, safe transportable hydrogen.
Another of the company's catalysts can be used to produce superheated steam
(800c+) from the above fuel, instantaneously starting from room temperature.
Such portable high-temperature steam could have important applications in a
broad range of markets, from cleaning and disinfecting, to motive power and
electricity generation.
www.oxfordcatalysts.com
This information is provided by RNS
The company news service from the London Stock Exchange