British Airways Green Sky project
Solena Municipal waste to jetfuel No ash No Landfill
Financial Times January 4, 2013 5:46 pm Abramovich invests in ‘gas-to-liquids’ in UK By Guy Chazan
Roman Abramovich, the billionaire owner of Chelsea Football Club, has invested £5m in a small UK technology company that specialises in turning natural gas into synthetic liquid fuels. Mr Abramovich’s Ervington Investments took part in a placing this week by Oxford Catalysts, which raised £30.6m. He bought 4m shares at 125p a share, giving him a 3.5 per cent stake in the Aim-quoted company. The shares closed on Friday at 155p.
Oxford Catalysts’ business is focused on a technology known as “gas-to-liquids” or GTL, which uses chemical reactions to physically change the composition of gas molecules, yielding a high-quality liquid fuel. This can then be blended with crude or upgraded to produce diesel or jet fuel. GTL is based on the so-called Fischer-Tropsch process, pioneered in Germany during the 1920s and later used by the Nazis during the second world war to turn coal into badly needed petroleum. Later, South Africa adopted the technology as a UN-led embargo against the country’s apartheid regime blocked oil imports.
Royal Dutch Shell has led the revival of global interest in GTL, building a huge refinery in Qatar called Pearl which turns the emirate’s abundant natural gas into an odourless, colourless fuel similar to diesel but without the sooty pollutants. It is now considering building a GTL plant in the US, where the boom in shale gas has provided a cheap and plentiful feedstock. Oxford Catalysts is spearheading a different approach, focusing on the construction of small, modular GTL plants which can be deployed at remote oilfields. These convert gas that is extracted as a byproduct of oil and would otherwise be simply burnt off or “flared” into the atmosphere. Other companies are working on similar approaches: the Brazilian state oil company Petrobras is piloting a small reactor developed by CompactGTL for some of its offshore oil installations. Roy Lipski, chief executive of Oxford Catalysts, said, “We are delighted to welcome new investors Ervington Investments and Invesco on board along with our existing institutional shareholders. We look forward to building on our selection for two commercial projects and to commercialising our GTL technology in the oil & gas sector.”
Oxford Catalysts was spun out of Oxford university and floated on AIM in 2006. It took off two years later when it acquired US-based Velocys. a leading designer of chemical reactors. Velocys is providing the reactors for GreenSky London, a venture between British Airways and Solena Fuels Corp. which will convert waste destined for landfill into low-carbon jet fuel and biodiesel.
Mr Abramovich, who made his fortune in the Russian oil industry, has recently made a number of investments in clean tech. Last November, his vehicle, Ervington Investments, injected £8.67m in UK-based AFC Energy, which specialises in industrial fuel cell technology. It has also invested in energy-from-waste company Waste2tricity and Alter NRG, which converts organic matter into synthetic gas using plasma technologies.
Oxford Catalysts Group PLC, the leading technology innovator for synthetic fuels production, is pleased to announce that it has been selected by Solena Fuels Corporation (“Solena”) to supply their GreenSky London waste-biomass to jet fuel project, whose leading partner is British Airways. GreenSky London has been established to create Europe’s first commercial scale sustainable jet fuel facility.
After a formal evaluation of available technologies performed by Fluor Corporation on behalf of Solena, the Group was selected by Solena as the sole supplier of Fischer-Tropsch (“FT”) technology for GreenSky London. In addition, Solena has entered into an understanding with the Group for the supply of FT units to its future Biomass to Liquids (“BTL”) projects with many of the world’s leading airlines and shipping companies, including GreenSky California, Rome and Stockholm.
British Airways is working with Solena to establish Europe’s first sustainable jet fuel plant, GreenSky London, and intends to use the low-carbon fuel to power part of its fleet as of 2015. Successful implementation of the GreenSky London project and receipt of the order will generate revenues to the Group in excess of $30 million (during the construction phase to 2015), and additional ongoing revenues of more than $50 million over the first fifteen years of the plant’s operation. http//www.oxfordcatalysts.com/financial/fa/ocgfa20120703.php
September 14th, 2012 by Victoria
Lufthansa has signed a MoU with Solena Fuels Corporation to work to produce a sustainable biofuel source. Solena has identified a site for its first Sustainable Biofuel Facility in Germany at the PCK Industry Park in Schwedt/Oder. The project will sell to Lufthansa the bio synthetic paraffinic kerosene (Bio-SPK) produced by the facility as a drop-in, certified jet fuel with the aim to be prospectively used on commercial flights. The project will be a first of its kind in Central Europe providing large scale diversion of waste from landfills and incinerators into synthetic biofuels to be used on commercial basis.
“Lufthansa is pleased to assist Solena in developing its first plant in Germany and is working towards a long-term, bankable offtake agreement with Solena Fuels,” stated Joachim Buse, Vice President Aviation Biofuels for Lufthansa. Mr. Buse continued, “We believe that Solena’s capabilities to process multiple types of waste feedstock represent a good opportunity in our endeavor to meet our emission reduction commitments.”
The facility will convert more than 520,000 tonnes of waste biomass into jet fuel, diesel fuel and electricity. Solena and Lufthansa have signed a MoU for the joint development of a sustainable alternative fuel supply which would include delivery to Berlin Brandenburg Airport.
“Solena Fuels is excited to be partnering with Lufthansa in the development of a sustainable biofuels facility in Germany,” stated Dr. Robert Do, CEO of Solena Fuels. “Lufthansa has been a pioneer in the biofuels industry and we are pleased to see their support to FT-SPK, an industry accepted fuel which meets and exceeds ETS standards based on both Roundtable on Sustainable Biofuels (RSB) schemes and Renewable Energy Directive (RED) methodology for Life Cycle Analysis (LCA) evaluation”, continued Dr. Do
PARIS: Airlines join forces to buy waste-derived biofuel
By: Kerry Reals Paris
03:41 20 Jun 2011
A group of 10 airlines has teamed up to sign letters of intent with US bioenergy firm Solena to purchase alternative jet fuel derived from waste biomass from 2015.
Under the agreement, Solena’s GreenSky California biomass-to-liquids facility will supply the airlines with 1,000 barrels a day of jet fuel derived from urban and agricultural waste, said United Airlines managing director strategic sourcing-fuel Robert Sturtz.
The fuel will be divided among the airlines as a “proportional split based on the size of the carrier”, and will be burned as a 50/50 blend with traditional kerosene, said Sturtz. It will be taken by truck from Solena’s plant in northern California – which will be built in 2013 – to airports in San Francisco, Oakland and San Jose, where the aircraft will be fuelled.
“This is an intent to purchase which will eventually become individual fuel supply agreements between each individual airline and Solena,” said Sturtz, adding that the deal will be finalised “over the next year”.
The Solena plant will produce up to 16 million gal of neat jet fuel a year by 2015, converting about 550,000 metric tons of waste that would otherwise have gone to landfill into fuel through the Fischer-Tropsch process.
| October 11, 2011
Solena and SAS announced a partnership to develop a waste-to-jet fuel project at Arlanda Airport in Stockholm, with a goal of establishing similar projects in Denmark and Norway.
The Arlanda project will gasify waste biomass, including municipal solid waste, and process the resulting syngas it into bio-based synthetic paraffinic kerosene, or renewable jet fuel. Solena, which had previously announced a 14 million gallon biofuels project with British Airways, in which BA would take an equity stake, and said that the SAS project would have similar characteristics. Solena and Qantas also recently announced a development effort.
AvioNews – Agreement between Alitalia and Solena Group
Rome, Italy – To start a study on the reconversion of metropolitan solid waste in bio-fuel for
(WAPA) – Alitalia’s CEO Rocco Sabelli, CEO of Solena Group Robert Do and the one of Solena Italia Stefano Bugliosi, signed a letter of intent with which Alitalia and Solena Group commit themselves to start a feasibility study about the building of a plant capable of converting urban solid waste (promiscuous bio-masses) in a relevant share of the jet-fuel required for aircraft of Alitalia, ensuring the reduction of greenhouse gases and the stability of supplies. The signing of the agreement was attended by the Honorable Willer Bordon, president of Enalg SpA, company partner of Solena Group SpA and holding of Solena Italia SpA.
The study is finalised to assess the feasibility of a plant capable of converting hundreds of thousands of tonnes of urban solid waste (promiscuous bio-mass) in bio fuel for aircraft, in order to meet part of the fuel needs of Alitalia, reducing the consumption of conventional jet fuel with the consequent reduction (up to 96%) of CO2 emissions into the atmosphere.
The use of Solena Group’s technology will allow to produce alternative fuel for aircraft, through an high temperature gasification process of the waste that will be transformed into a so-called “Syngas”. This gas then will be converted into liquid thanks to an industrial chemical process called Fischer-Tropsch.
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