Worth taking another look at..10 May 2018 18:57
Their investors mission statement :
We develop biorefineries using a combination of scalable, standardised and individually proven technologies.
With our partners, we aim to deliver the most economically compelling solution for converting sustainable feedstocks such as woody biomass into renewable fuels: a fully integrated offer that can readily be repeated to achieve scale.
We aim to become a material producer of renewable fuels by driving a series of projects, at advantaged locations with abundant feedstock. We take equity stakes in projects as well as deriving ongoing revenues from technology supply, technical service contracts and programme management.
ENVIA�s plant incorporating Velocys� technology is in production. Our world-class capabilities, people and experience has delivered a proven route to operation.
and........''In California alone, the consumption of renewable diesel in 2016 was an estimated 300 million gallons. By 2030, the State will need some 1 billion gallons of renewable diesel to meet its own obligations.