Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/velocys-enters-in-to-a-joint-venture-with-waste-ma.shtmlVelocys enters in to a joint venture with Waste Management
Velocys plc has entered a joint venture (JV) with Waste Management, NRG Energy (NRG), and Ventech
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Velocys plc has entered a joint venture (JV) with Waste Management, NRG Energy (NRG), and Ventech Engineers International (Ventech) to develop gas-to-liquids (GTL) plants in the United States and other select geographies.
The JV will pursue the development of multiple plants utilising a combination of renewable biogas (including landfill gas) and natural gas. Waste Management intends to supply renewable gas and, in certain cases, project sites. All four members will work exclusively through the JV to pursue the intended application (GTL using renewable gas, optionally in conjunction with natural gas) in the United States, Canada, United Kingdom and China.
