LONDON, UK: A consortium led by Lightrock and Carbon Direct Capital has reached agreement on the terms and conditions of a recommended cash acquisition of Velocys Plc at the rate of 0.25 pence in cash per Velocys share. The consortium…
LONDON: Velocys Plc has jointly agreed to extend the current option agreement with British Airways for the Altalto project to 31st March 2022, a news release said. Exercise of the option would give both parties equal equity ownership (50/50) of…
LONDON: Velocys plc, the sustainable fuels technology company, announced the signing of a collaboration agreement with Toyo Engineering Corporation (Toyo) to start the development of their commercial projects to produce Sustainable Aviation Fuel (SAF) and other renewable fuels in Japan….
LONDON, UK: Velocys plc, the sustainable fuels technology company, announced the appointment of Worley to manage the delivery of its fully integrated technology package. Worley, a world-class engineering contractor, is the partner in the development of pre-feasibility, feasibility and FEED…