Short description
GasTechno Energy and Fuels is a CleanTech Emissions Reduction company that converts stranded gas into valuable chemicals and fuels.
Description
GasTechno Energy and Fuels is a CleanTech Emissions Reduction company that converts stranded gas into valuable chemicals and fuels. The competitive advantage is Simple Hardware, Sophisticated Software, tuning for different feedstock ranging from rich associated gas to lean biogas with capital costs up to 70% lower than competitors. The Mini-GTL 300 commercial technology has been proven in Michigan, the USA with its third-generation plant validated in 2016-2017.
Currently, GEFH(UK) is embarking on a Global Technology Licensing program with IP Capital Group appointed as the exclusive broker. Territory licenses will be granted to all the major gas flaring countries in the world (141 billion cubic meters (bcm) of natural gas that was flared at the wellhead in 2017). These cover rights to the technical know-how, design blueprints, and market opportunities for 20 years, allowing long-term infrastructure planning and deployment. System integrators in biogas/UCG/CMM/CBM or oilfield services can gain the right to sublicense the Mini-GTL(R) plant in the countries of their choice from NAFTA, MENA, EU, ASEAN and including China/India/Russia.
In particular, GasTechno(R) has recently patented a drop-in diesel fuel replacement which has a lower emission profile and can be produced in 1.5 steps compared with the traditional GTL-FT 3 stage syngas-polymerization-hydrocracking. This means that stranded or off-spec (eg high CO2) gas fields can be monetarized, making marginal or small-pool fields economical.
Last funding
Noaccess
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Total funding
$$121212
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Location
Charlevoix, Michigan, United States, North America
Founded on
August 7, 2013
Non-profit?
No
Acquired?
No
Employees count
11-50
Revenue range
$56378 - 90123
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Founders
Walter Breidenstein