ChemInnovations Award Winner

RNS Number : 2122V

Oxford Catalysts Group PLC

29 October 2010

 



29th October 2010

OXFORD CATALYSTS GROUP PLC

("Oxford Catalysts" or "the Group" or "the Company")

ChemInnovations Award Winner

Oxford Catalysts PLC, the leading technology innovator for clean synthetic fuels, is pleased to announce that it has won a 2010 ChemInnovations Award, sponsored by Chemical Engineering.

The award was given in recognition of the Group's technology for hydroprocessing, specifically hydrocracking, of both alternative and conventional fuels.

Roy Lipski, CEO of Oxford Catalysts Group said:

"We're pleased to receive this award and recognition from our industry peers. It provides further validation of our progress towards being the recognised leading provider of small scale synthetic fuels technology.

"It's particularly rewarding to receive this recognition of microchannel hydroprocessing, a more recent addition to our clean fuels portfolio that promises  a significant breakthrough in enabling the upgrading of synthetic fuels at the site of production, as well as in the addition of incremental capacity to existing refineries."

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For further information, please contact:

Roy Lipski, CEO, Oxford Catalysts	[phone]
Dan Harris, KBC Peel Hunt (Nomad and Broker)	[phone]
Billy Clegg / Alex Beagley, Financial Dynamics	[phone]

Notes to Editors

Oxford Catalysts designs and develops technology for the production of clean synthetic fuels from both conventional fossil fuels and renewable sources such as biowaste. The Group is primarily focused on the emerging market for distributed smaller scale production of synthetic fuels via Fischer-Tropsch ("FT") synthesis − a market that has the potential of producing as much as 25 million barrels of fuel a day.

The FT reaction is used when converting natural gas, coal or bio-mass into clean high-performance liquid synthetic fuels, processes known as GTL, CTL and BTL respectively. The Group is the recognised world leader in the design and development of high-activity catalysts and associated novel chemical reactors for the small scale production of synthetic fuels. (The Group's reactor technology − known as microchannel process technology − is marketed under the brand name of Velocys).

Oxford Catalysts Group PLC is listed on the AIM market of the London Stock Exchange (LSE: OCG). The Group has some 90 employees with facilities near Abingdon, Oxfordshire, UK and Columbus, Ohio, USA.

www.oxfordcatalysts.com

www.velocys.com

About the ChemInnovations Awards

Chemical Engineering's inaugural ChemInnovations awards were announced on October 20^th 2010, at the ChemInnovations Conference and Expo in Houston, Texas, to honour the most innovative technologies being showcased at this year's exhibition. The awards were granted in a number of categories that included: reactor and catalyst technologies; alternative chemical pathways; energy efficiency; minimizing pollution and treating waste.

www.cpievent.com

About Chemical Engineering 

Chemical Engineering is published monthly by Access Intelligence, primarily for chemical engineers and related technical people in the chemical process industries. Chemical Engineering reaches an audience of 65,000+ subscribers in over 130 countries both traditionally and electronically.

www.che.com 

 

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