Hydrogen, Methanol & Other Products
Steam reforming of natural gas to syngas is the primary method for making valuable, large volume products, such as hydrogen, methanol, ammonia, solvents, plastics and detergent alcohols. Our highest priority is developing a drop-in replacement catalyst to increase the output and lower the cost of steam reforming. Minimal equipment and plant changes will be needed by existing operators to use the steam reforming version of our catalyst.
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Gas-to-Liquids (GTL) for Transportation Fuels
GTL technology offers the best solution to meet the increasing demand for liquid transportation fuels. The GTL market is still developing and represents our most significant long-term market opportunity. Steam reforming of natural gas is the preferred method of producing syngas for small to mid-sized GTL plants. We are targeting this market segment as a drop-in replacement opportunity for the steam reforming version of our catalyst.
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Dry Reforming
The dry reforming version of our catalyst can be used with captured CO2 or high CO2 content natural gas to make syngas and is the most cost-effective way to make syngas for the production of liquid fuels. Our catalyst may be able to achieve a 20% to 30% capital cost advantage over the alternatives because dry reforming is a simpler process, does not require an oxygen plant, uses small amounts of steam and has high conversion efficiency.
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