Chemical Industries Associati

RNS Number : 3046O

Oxford Catalysts Group PLC

28 June 2010

 



28^th June 2010

OXFORD CATALYSTS GROUP PLC

("Oxford Catalysts" or "the Group")

Chemical Industries Association 2010 Award Winner 

Oxford Catalysts Group PLC, the leading technology innovator for clean synthetic fuels, is pleased to announce that it has won the Chemical Industries Association ("CIA") 2010 Innovation Award, sponsored by GlaxoSmithKlein, for its small-scale Fischer-Tropsch technology. 

Presented each year, the CIA Innovation Award is designed to acknowledge successful use and application of innovation that has demonstrable potential to make a significant contribution to the overall performance of the Chemical Industry. Six companies were shortlisted for the 2010 award, including Johnson Matthey, Eli Lilly and Huntsman.

Roy Lipski, CEO of Oxford Catalysts Group said:

"We are pleased to receive this recognition from our industry peers, and to join the illustrious list of past CIA Innovation Award winners that includes Dow, Solvay and Lucite.

"This award is further validation of our progress towards being the recognised leading provider of small scale synthetic fuels technology, in time for when the market really takes off."

- Ends -

For further information, please contact:

Roy Lipski, CEO, Oxford Catalysts	01235 841 700
Jonathan Marren / Oliver Stratton, KBC Peel Hunt (Nomad and Broker)	020 7418 8900
Billy Clegg / Alex Beagley, Financial Dynamics	020 7831 3113

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 Oxford, UK and Columbus, Ohio, USA.

www.oxfordcatalysts.com

www.velocys.com

About the Chemical Industries Association

The Chemical Industries Association ("CIA") is the organisation that represents chemical and pharmaceutical businesses throughout the UK. The Chemical Industry Awards, organised by the CIA, are the premier accolades for the UK chemical industry. The 2010 Chemical Industry Awards were presented at St George's Hall, Liverpool on 24^th June 2010.

www.cia.org.uk

www.ciaawards.co.uk

 

END

 

 

NRAEASKKASSEEFF