Oxford Catalysts Group PLC has received an order for its microchannel Fischer-Tropsch (FT) product (earlier post) from a diversified energy company, following successful conclusion of negotiations announced on 15 December 2011.
The order is for a full scale FT unit (with a nominal capacity of more than 25 bpd), to be delivered within two months. It will be installed and operated at one of the company’s existing facilities during the first part of 2012. The company intends to pursue production of synthetic oil through medium-scale modular facilities located at their sites internationally.
The operation of this initial FT unit will provide detailed engineering parameters for the first such synthetic fuels plant, the design of which is due to begin in the first half of the year.
This is the Group’s fourth sale of FT reactors and catalyst, following separate orders for units by SGC Energia, SGPS, S.A. in December 2010 and April 2011, and by a Fortune 500 company in July 2011.
Oxford Catalysts is focused on the emerging market for distributed smaller scale production of synthetic oil via FT synthesis—a market that has the potential of producing as much as 25 million barrels of fuel a day, the company says.