Joint Venture to Pursue Gas-to-Liquids Opportunities
Waste Management, Ventech Engineers International, NRG Energy and Velocys formed a joint venture to produce renewable fuels and chemicals from biogas and natural gas using smaller-scale gas-to-liquids (GTL) technology.
Waste Management says it has pioneered the use of smaller-scale GTL utilizing landfill gas, including building and operating a demonstration unit at East Oak landfill in Oklahoma. The demonstration unit has accumulated more than 10,000 hours of successful operation.
Ventech has optimized the design and engineering of the joint venture’s first facility. NRG says it brings experience in developing large renewable capital projects, strong green customer focus and expertise in the acquisition and transportation of large quantities of natural gas. Smaller-scale GTL technology company Velocys, will supply the Fischer-Tropsch reactor and catalyst to the joint venture. The joint venture’s first facility is under development and will be located at Waste Management’s East Oak site in Oklahoma.
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