Winner of the 2011 Kirkpatrick Award

RNS Number : 2623O

Oxford Catalysts Group PLC

15 September 2011

 



15^th September 2011

OXFORD CATALYSTS GROUP PLC

("Oxford Catalysts" or "the Group")

Winner of the 2011 Kirkpatrick Award

Oxford Catalysts Group PLC, the leading technology innovator for synthetic oil production, is pleased to announce that the Group's synthetic fuels technology won the 2011 Kirkpatrick Chemical Engineering Achievement Award, sponsored by Chemical Engineering magazine. Running continuously since 1933, the Award is presented every other year to the most noteworthy chemical engineering technology commercialised anywhere in the world during the previous two years.

The long and distinguished roster of past winners includes: Lucite; Cargill Dow; Monsanto; Union Carbide; M.W. Kellogg; Linde; Dow Corning; Merck; Standard Oil; Axens; BOC Group; Air Products & Chemicals; Amoco Chemical, and; Chevron Phillips Chemical.  

Roy Lipski, CEO of Oxford Catalysts Group said:

"We are particularly honoured to receive the Kirkpatrick Award and to join its extraordinary roster of past winners. This is further validation of the significant global relevance and appeal of our technology, its increasing recognition within industry and the commercial traction it's gaining."

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For further information, please contact:

Oxford Catalysts Roy Lipski, CEO Susan Robertson, CFO	[phone] [phone]
Cenkos Securities (Nomad and Broker) Ken Fleming / Jon Fitzpatrick	[phone] [phone]
Financial Dynamics Billy Clegg / Alex Beagley	[phone]

Notes to Editors

Oxford Catalysts designs and develops technology for the production of synthetic oil from both conventional and renewable sources such as bio-waste. The Group is focused on the emerging market for distributed smaller scale production of synthetic oil 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 synthetic oil, 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 smaller scale production of synthetic oil. (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 80 employees with facilities near Oxford, UK and Columbus, Ohio, USA.

www.oxfordcatalysts.com

www.velocys.com

About the Kirkpatrick Awards

The Kirkpatrick Chemical Engineering Achievement Award recognizes the most noteworthy chemical engineering technology commercialised anywhere in the world during the previous two years. Chemical Engineering magazine has awarded this biennial prize continuously since 1933. As of 1959, its name has reflected that of former Chemical Engineering Editorial Director Sidney D. Kirkpatrick, who retired that year.

The long and distinguished roster of past winners includes such milestones as Lucite International for its Alpha process for making methyl methacrylate (2009); Cargill Dow LLC: For its production of thermoplastic resin from corn (2003); Monsanto hollow-fiber membranes for gas separation (1981); Union Carbide low-pressure low-density polyethylene (1979); M.W. Kellogg single-train ammonia plants (1967); Linde zeolite adsorbents (1961); Dow Corning silicones (1955), Merck streptomycin (1947); the U.S. synthetic rubber industry (1943) and Standard Oil Development Co. aviation fuels (1939). The most recent winners are listed on the Awards web site (see below).

www.che.com/kirkpatrick

 

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