A manufacturing partnership has been established between Velocys, a developer of Fischer-Tropsch (FT) reactors that enable smaller scale gas-to-liquids (GTL) plants, and Shiloh Industries, Inc., a North American supplier of engineered metal products to the automotive industry.
The partnership will ensure that Velocys is able to meet the projected growing demand for its smaller scale GTL technology, and continually improve its offering.
Smaller scale GTL plants located near gas sources and product markets show great promise for deriving value from distributed or undervalued accumulations of natural gas, the company says.
Velocys and Shiloh have been working together since 2012 to develop and implement economic, high quality mass-manufacturing capabilities for Velocys’ FT reactors. The two companies have agreed to work together preferentially, and to continue to improve the manufacturing of Velocys’ FT reactors. The partnership will also examine ways to enhance the effectiveness of the whole GTL plant, and explore other opportunities in the oil and gas market.
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