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About Us | Overview
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Syntroleum Corporation has come a long way since its founding in 1984 by Kenneth
L. Agee. The company’s synthetic fuel technologies make it a recognized force in
the renewable fuels, biomass-to-liquids (BTL), gas-to-liquids (GTL), and coal-to-liquids
(CTL) industries, and is one of the most vocal about introducing the possibilities
of these technologies to the world.
Syntroleum’s recent announcement regarding its renewable synthetic fuels venture
with Tyson Foods is the latest example of its leadership in the industry. Together
with Tyson, Syntroleum will construct the world’s first renewable synthetic fuels
plant utilizing its Bio-synfining™ technology and Tyson sourced agricultural feedstock.
With an investment of over $150 million and the creation of over 300 jobs, the initial
75 million gallon per year plant will not only have a positive impact on the local
economy where the plant is located, but will contribute much needed incremental
clean and environmentally friendly fuel to our nation’s transportation fuel supply.
Biomass also continues to emerge as a significant potential source for clean, renewable
fuels. The USDA and the DOE estimate that over 1.3 billion dry tons per year of
biomass can be produced—enough to produce biofuels to meet more than one-third of
the current demand for transportation fuels. Syntroleum’s Fischer-Tropsch and Bio-synfining™
processes are ideally suited to produce ultra-clean, renewable fuels from biomass,
and the company is pursuing projects in this area.
Syntroleum’s Fischer-Tropsch GTL technology allows it to produce gas onshore and
in marine environments. Our process realizes the advantages of building a plant
on a much smaller footprint, thus enabling economic development of fields in the
one-to-three trillion cubic feet range, many in remote locations. Our process also
represents a solution to flaring. Because stranded natural gas is often associated
with oil production, producers typically flare this valuable asset to get to the
crude, burning off as much as 10 billion cubic feet each day. The practice is not
only wasteful, it is the target of worldwide environmental laws designed to reduce
global warming.
Our Fischer-Tropsch technology can be applied to coal as well. According to BP Statistical
Review of World Energy 2006, identified world coal reserves in 2005 were approximately
909,064 million tons. The largest coal reserves are located in the United States,
Russia, China, India and Australia. Much of these reserves are difficult and expensive
to utilize because of environmental concerns and distance to traditional power markets.
By applying the Syntroleum Process, these underused coal resources could be converted
to ultra-clean transportation fuels, thus providing a new source of clean energy
and reducing dependence on oil from politically unstable regions.
With 160 patents issued and pending, Syntroleum’s renewable fuels, BTL, GTL, and
CTL technologies represent the perfect fit to actively pursue synthetic fuels projects.
Syntroleum is in the right place at the right time to provide high-performing, ultra-clean
fuels to global markets.
Additionally, Syntroleum has assembled some of the world’s best technical talent
to work on its team. In their commitment to continually improve the process, they
have achieved a 20% increase in Fischer-Tropsch (FT) reactor capacity, a significant
increase in wax filtration performance and the development of a new generation attrition-resistant
FT catalyst. Their work with the company’s Product Upgrading process has also spawned
the commercial introduction of Syntroleum’s Bio-synfining™ technology for the production
of ultra-clean and environmentally friendly renewable synthetic fuels.
Today’s substantially higher oil prices, the abundance of biomass and renewable
feedstock supply, the need to monetize the world’s stranded gas and coal reserves,
and the growing urgency for clean-burning fuels establish world-scale opportunities
for Syntroleum. We’re offering an energy solution whose time has come.
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