Get Live Data

We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Latest Share Chat

  2. Share Prices
  3. VLS.L Share Price
  4. VLS.L Share News
  5. Velocys gets environmental tick for planned Natchez refinery

Pin to quick picksVLS.L Share News (VLS)

VLS.L Information
  • There is currently no data for VLS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Velocys gets environmental tick for planned Natchez refinery

Tue, 07th Aug 2018 12:08

(Sharecast News) - Renewable fuels company Velocys announced on Tuesday that the US Department of Agriculture (USDA) has issued a 'Finding of No Significant Impact' (FONSI) on the environmental assessment report for its planned Bayou Fuels biorefinery in Natchez, Mississippi.The AIM-traded firm said that, with the FONSI process completed, it would now focus on the next steps in the project's development, including securing the state-level permits that would be required to construct and operate the biorefinery.It said the 160-page environmental assessment report detailed the impact of the proposed facility across 15 potential aspects, including land use, water resources, air quality, wildlife, visual impact, noise, transport, and public and occupational health.In each case, it reportedly concluded the plant would have "none", "none to minor", or "minor" impacts during construction and operation.The FONSI was issued as part of Velocys' ongoing development of a 100-acre site in Natchez that the company secured in October last year.Velocys said the site would be home to a "pioneering" biorefinery that would use its innovative technology to produce low-carbon transportation fuels from the wood wastes of timber operations and tree plantations.The plant was expected to convert locally-sourced woody biomass waste into enough renewable fuel to meet the demands of running around 40,000 diesel and gasoline trucks.No opposing or negative comments were filed as part of the USDA's public consultation process, Velocys claimed."This is a significant step in the permitting of the Bayou Fuels biorefinery as well as an important milestone for the overall development of the project," said Velocys chief executive officer David Pummell."The environmental assessment provides independent confirmation that the project will not give rise to any significant environmental impacts and reflects our commitment to responsible and safe project development."
More News
26 Sep 2018 10:39

Velocys Interim Loss Deepens Amid One-Off Costs As Plan Progresses

LONDON (Alliance News) - Renewable fuels firm Velocys PLC said Wednesday its interim loss deepened amid one-off impairments as the firm continued to make "excellent" progress in on its a

Read more
10 Sep 2018 16:21

Velocys tumbles as Oklahoma plant operations suspended

(Sharecast News) - Renewable fuels company Velocys saw its share price dive on Monday after confirming that operations have been suspended at its plant in Oklahoma City, USA.

Read more
10 Sep 2018 11:48

Monday broker round-up

(Sharecast News) - Glencore: JP Morgan downgrades to neutral with a target price of 370p.

Read more
10 Sep 2018 10:45

Velocys Shares Sink As ENVIA Suspends Operations At Oklahoma City

LONDON (Alliance News) - Shares in Velocys PLC dropped on Monday as the company said ENVIA suspended operations at the Oklahoma City gas-to-liquids plant to undertake a review of strategic in the

Read more
6 Sep 2018 12:44

Velocys Says Discussions For Oklahoma City Plant Are Ongoing

LONDON (Alliance News) - Velocys PLC said Thursday that discussions with ENVIA Energy LLC are ongoing regarding funding options for the Oklahoma City plant.Shares in the company were down a

Read more
23 Jul 2018 14:56

Velocys raising £6m to fund ongoing development

(Sharecast News) - Renewable fuels company Velocys announced on Monday that it intends to raise £6m gross by way of a placing.

Read more
23 Jul 2018 10:46

Velocys To Raise GBP6 Million Via Discounted Share Placing (ALLISS)

LONDON (Alliance News) - Renewable fuels company Velocys PLC said Monday that it intends to raise GBP6 million by way of a discounted share placing.The company has placed 60 million new at

Read more
5 Jul 2018 11:41

CORRECT (July 4): Velocys Solves Design Flaw Leading To Leakage

(Correcting that the coolant system was modified and not the the second reactor)LONDON (Alliance News) - Renewable fuel company Velocys PLC said Wednesday that the coolant system serving at

Read more
4 Jul 2018 10:27

Velocys Solves Design Flaw Leading To Leakage In Oklahoma Reactors

LONDON (Alliance News) - Renewable fuel company Velocys PLC said Wednesday that the second reactor at its plant in Oklahoma, the US, has been modified to avoid leakage.Velocys shares jumped

Read more
18 Jun 2018 09:58

Velocys Secures GBP5 Million Funding For Waste-To-Jet Fuel Project

LONDON (Alliance News) - Renewable fuels company Velocys PLC said Monday it secured GBP4.9 million in funding to deliver the next development phase of its waste-to-sustainable jet fuel project in

Read more
23 May 2018 12:53

Velocys Annual Loss Nearly Quadrupled By GBP28.8 Million Impairment

LONDON (Alliance News) - Velocys PLC said on Wednesday that it recorded a widened loss in 2017 due to an extensive increase in costs.In 2017 the renewable energy company's loss to from

Read more
15 May 2018 11:45

Velocys Shares Drop As Leak Reduces Oklahoma Plant Operations

LONDON (Alliance News) - Shares dropped in Velocys PLC on Tuesday as it was informed by ENVIA Oklahoma City plant operator Envia Energy LLC of a leak within one of the plant's two in the fuels

Read more
4 May 2018 10:29

Velocys Gets USD6 Million To Start Work On Lakeview Project

LONDON (Alliance News) - Renewable fuels company Velocys PLC said Friday it has received the first USD6 million to start manufacturing Fisher-Tropsch reactors at Red Rock Biofuels LLC Rock's a

Read more
6 Feb 2017 09:54

Velocys Successfully Produces First Product From Envia Plant

Read more
456789101112

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.