Velocys PLC Planning application update (2791J)
09 Abril 2020 - 1:00AM
UK Regulatory
TIDMVLS
RNS Number : 2791J
Velocys PLC
09 April 2020
News Release
Velocys plc
("Velocys" or " the Company ")
9 April 2020
Planning application update
Velocys continues to progress the planning application on behalf
of Altalto Immingham Limited to develop the first commercial scale
sustainable aviation fuel facility in the UK.
The Company has been working closely throughout with North East
Lincolnshire Council (NELC) and with all statutory consultees as
part of the usual planning process.
As part of this process, an Addendum to the Environmental
Statement has now been submitted, providing additional information
and technical clarifications to assist in the consideration of the
application by consultees. The further information presented in the
Addendum will now be subject to the usual 30-day consultation
period. Alongside the existing Environmental Statement, it will
form part of the formal planning application to NELC and can be
viewed on the NELC website.
Henrik Wareborn, Velocys CEO, said:
"Through our positive dialogue with all consultees and the
Environmental Statement Addendum we are confident that we have
provided all necessary additional information at this stage, and we
look forward to completing the planning process. "
--Ends---
For further information, please contact:
Velocys
Henrik Wareborn, CEO
Andrew Morris, CFO
Lak Siriwardene, Head of Communications &
Sustainability +44 1865 800821
Numis Securities (Nomad and joint broker)
Stuart Skinner
Emily Morris
Alamgir Ahmed +44 20 7260 1000
Canaccord Genuity (Joint broker)
Henry Fitzgerald-O'Connor
James Asensio +44 20 7523 8000
Radnor Capital (Investor relations)
Joshua Cryer
Iain Daly +44 20 3897 1830
Field Consulting (PR) +44 20 7096
Robert Jeffery 7730
Notes to Editors
Velocys is an international UK-based sustainable fuels
technology company. Velocys designed, developed and now licenses
proprietary Fischer-Tropsch technology for the generation of clean,
low carbon, synthetic drop-in aviation and transport fuel from
municipal solid waste and waste woody biomass.
Velocys is currently developing projects in Natchez,
Mississippi, USA (incorporating Carbon Capture and Storage) and
Immingham, UK to produce fuels that significantly reduce both
greenhouse gas emissions and key exhaust pollutants for aviation
and road transport. Originally a spin-out from Oxford University,
in 2008 the company acquired a US company based on complementary
technology developed at the Pacific Northwest National Laboratory.
Velocys is headquartered in Oxford in the United Kingdom.
www.velocys.com
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END
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