Velocys in strategic alliance with Morimatsu for modular, lower cost GTL and BTL plants
Green Car Congress
JANUARY 18, 2017
Its revenues totalled US$700 million in 2016. Velocys expects the terms of the MOU to be reflected in legally binding documentation within the next few months. This is the first strategic partnership that has been formalized since a review of Velocys’ strategy was completed in 4Q 2016.
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