| London Stock Exchange: VLS
Similar to: Johnson Matthey Plc
Velocys Plc designs and develops technology for the production of synthetic oil from both conventional fossil fuels and renewable sources, such as bio-waste. The company focuses on the emerging market for distributed scale production of synthetic fuels via Fischer-Tropsch synthesis. It designs and develops specialty catalyst technologies for the generation of clean fuels from gas, biomass, coal and waste, through steam methane reforming, Fischer-Tropsch and hydro processing through its subsidiary, Oxford Catalysts Ltd. The company specializes in the design and development of micro channel reactors for the production of synthetic fuels, chemicals, emulsions and other materials through its subsidiary, Velocys, Inc. The company was founded by Malcolm Leslie Hodder Green and Tiancun Xiao in October 2004 and is headquartered in Oxford, the United Kingdom.