by Staff Writers
Research Triangle Park NC (SPX) Mar 13, 2014
Maverick Synfuels and Plant Process Equipment have formed a partnership to manufacture and sell small-scale Gas-to-Liquids (GTL) methanol plants. These skid-mounted modular plants can be rapidly deployed and are capable of producing between 3,000 - 10,000 gallons per day of ultra-clean synthetic fuels and chemicals from natural gas or methane-rich "waste gas".
Maverick has the exclusive rights to sell and deploy these factory-built plants that convert potent greenhouse gases into guaranteed quantities of methanol.
Now, for the first time, waste gas producers have a financially attractive alternative to flaring or generating electricity. Waste gas sites are abundant worldwide as a source of low-cost methane, albeit in locations remote from markets or pipelines. Only a small percentage of these sites use the methane or biogas to produce energy. Despite government subsidies, economics of electricity production at these locations remain challenging.
Methane-rich waste gas originates from numerous sources including oil and gas fields (associated or flare gas), landfills, wastewater treatment plants and anaerobic digesters associated with agricultural waste disposal. The production of several thousands of gallons a day of locally-usable methanol or transportation fuels is possible using Maverick's proprietary technology in skid-mounted plants co-located at these gas sources.
Converting methane gas to methanol liquid is one component of Maverick's "hub and spoke" distributed production strategy that builds on Maverick's patented Olefinity technology.
Methanol produced at small-scale GTL plants ("spokes") located at the waste gas source is easily transportable to larger "hub" facilities, where it can be converted to higher value products such as clean transportation fuels, and specialty chemicals like propylene, using Maverick's olefins based processes. This approach significantly reduces capital requirements for converting low-value feedstocks such as waste methane into higher value products.
"Maverick provides the first economically viable solution for converting waste gas methane into considerably higher value products," said Sam Yenne, CEO of Maverick.
"In addition, the combination of skid-mounted and small footprint simplifies deployment into the remote regions where many of these waste gas sources reside. Small-scale fuel and chemical production and lower capital requirements have aligned to produce a cost competitive and cleaner alternative to crude oil derived products."
"PPE and Maverick have solved the puzzle of low-cost methanol production with our small-scale GTL platform," said Jeff Harrison, Chief Engineering Officer of Maverick Synfuels. "This partnership accelerates the deployment of Maverick's commercialization strategy and economic pathway to revenue."
"Maverick's technology and deployment strategy is unique in the industry," said Ken Reynaud, Senior Vice President of PPE. "This partnership will expand the market opportunities for PPE through Maverick's comprehensive approach."
The first methanol plant from the PPE/Maverick partnership is destined for deployment at a large-scale dairy in the upper Midwest where Maverick will leverage the synergies between three existing anaerobic digesters.
"A proven supply of low-cost biogas combined with the transportation logistics and operational synergies gives Maverick a substantial economic advantage in this market," said Harrison.
Plant Process Equipment
Bio Fuel Technology and Application News
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.|