Member Info for Happyhunting

I really don’t think you’ll have to wait until then. It’s amazing how quick money and investment can turn
these projects around. ... it’s all proven tech and it’s going to happen

Well said slick ... Thats exactly how I see this playing out.. VLS need to do with more work at the PR front with IAG/ Shell and go more public.

I work in Engineering for one of the IAG Airlines. We had a news letter a few weeks ago from the head of IAG “Sustainability Group” it was very positive and mentioned the strong partnership with VLS and Shell, they forecast by 2050 30% of all jet fuel in the U.K. could be renewable making a contribution towards meeting our target to reduce our emissions by 50% . He also mention the Immingham planning application with expected construction to start in 2021. .. He then went on to mention it’s excellent location with nearby pipelines that can deliver the fuel to major airports ...This is a lot bigger than just BA in my views and will involve more airlines lining up to purchase this fuel. “We support carbon offsetting scheme CORSIA and are confident that we can play our full part in reducing our CO2 emissions, and so provide our licence to grow sustainability”

Waiting for the ok on planning permission to come through, should start us off in the right direction I hope.

Last week I attended a BA workshop course for Engineering staff and a small part of the course indicated its still very much committed to this project with velocys.

BA data issues / penalty payment have nothing to do with its fuel commitment. BA always holds a large contingency budget just for issues like these.

Yep .....RNS

Henrik Wareborn, CEO of Velocys, said:

"We are pleased that ENVIA has reached this positive agreement with respect to the insurance settlement.

"The ENVIA demonstration plant has provided Velocys with an invaluable experience and track record, and creates a good platform for the company to move forward. It now allows us to focus our efforts on progressing with the development of our Bayou Fuels biorefinery project in Mississippi and our Altalto Immingham UK waste-to-jet-fuel project in the UK, working with our strategic partners to produce commercial scale volumes of renewable fuels."

Guys I'm new to char ....do they have large amount of debt..cheers

Great find Dave ...it's all starting to come together

As a BA employee within its Engineering Division is most definitely committed in reducing its c02 emission footprint and most definitely see the benefits in reduced fuel cost. BA has committed to keep the largest Airline 747 fleet in the world going for sometime yet. These fuel saving would make this fleet along with its 777’s cheaper to operate by far than any other airlines in the world on this scale...BA I believe has commitment to buy every drop of fuel it can get its hands on under this program...If you then apply this to the 787’s as well as the rest of the IAG fleet ...well,,, need I say more.

As an industry we need to explore a range of options to reduce our emissions. We’re already working with Velocys to build a plant that produces sustainable transport fuels from household waste that would otherwise go to landfill, but we don’t want to stop there. Some of the best scientific minds in this field are based in the UK and are brilliantly equipped to develop a pathway for the UK to achieve global leadership in the development of sustainable alternative aviation fuels.”

The launch event, which took place at British Airways’ HQ, was attended by 15 UK universities and also featured talks from industry experts including Robert Boyd, Head of Sustainable Fuels at IATA and Baroness Sugg, the Parliamentary Under Secretary of State for Transport.

Baroness Sugg, said: “We want the UK to become a global leader in the development and supply of next generation aviation fuels, cementing our reputation as a centre of excellence for sustainable aviation.

“This competition will move us another step closer to achieving this vision, balancing growth in aviation with sustainable development that benefits our environment and society.”

“The project’s aim is to use hundreds of thousands of metric tons of household waste including diapers and plastic food containers to produce enough fuel to power all of BA’s 787 Dreamliner flights from London to San Jose, California and New Orleans.”

It’s a no brainier...Airlines will be monitored on the C02 the airline produces and will be given insentives to reduce theses c02 emissions...It will also alow them to operate an older fleet like B747 longer at a more economical cost. If you then apply this to the newer B787 fleets the cost even come down more drastically.

British Airways ..Fuel costs were up 14.3 per cent, the company said, as its operating profit remained steady at £1.3 billion for the third quarter of the year . Got to be good news for Biofuel companies like VLS especially as we are in bed with BA on Biofuel project.

https://www.dailymail.co.uk/money/markets/article-6321671/amp/MARKET-REPORT-Soaring-fuel-costs-ground-British-Airways-shares.html

I’m more upbeat,,,, Paul Schubert covered every angle very well indeed. In fact he was outstanding and couldn't have done a better job.

Velocys gained a wealth knowledge form being thrown into the deep end with a plant (ENVIA), they had no design input, into. This was truly challenging situation; out of all this they managed to demonstrate the quality of staff and reliability of the FT reactors which are a world-class. The latest RNS statement pointed out the cash position with more news to follow on working projects shortly...I'm looking forward this.

Investors investors...listen in now to webcast (Gas Pro) velocys are due to speak later (Paul Schubert) the webcast Is currently running.

For the updated version listen tomorrow....velocys Paul Schubert discuss FT tech that converts waste....I'm sure a few question will be answered, ...happy to wait and listen ....

Live Gas Pro- 25th oct 2018 free webcast ....

11:05–11:25 a.m. Commercial deployment of Velocys' Fischer-Tropsch technology at ENVIA's Oklahoma City plant—Paul Schubert (Velocys)

11:25–11:30 a.m. Closing remarks

For the updated version listen tomorrow....velocys Paul Schubert discuss FT tech that converts waste....I'm sure a few question will be answered, ...happy to wait and listen.

https://event.on24.com/eventRegistration/EventLobbyServlet?target=lobby20.jsp&eventid=1833708&sessionid=1&key=24BF58CDF859B40A1BB62172B69FC4D0&eventuserid=218354890