Velocys PLC on Thursday reported a widened loss reflecting increased project development costs for Altalto in Immingham, England and Bayou Fuels in Mississippi, US.
The sustainable fuels technology.
Oxford, London-based Velocys is gearing up to launch two plants to enable production of net-zero sustainable aviation fuel (SAF) from municipal solid waste.
Velocys has released a business update, reporting that the company has completed construction on a new reactor core assembly facility in Ohio. Velocys also outlined timelines for the development of its proposed biorefineries in the U.S. and the U.K.
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