As the organiser of the ICIS Innovation Awards each year, it’s always rewarding to see winning companies making progress with their innovations. This week, Oxford Catalysts, winner of the SME category in 2009 has raised a further £21m in funding to progress its innovative microreactor technology that can be used to convert biomass and biowaste into syngas ready for conversion into fuels and materials.
The microreactor is very compact
The technology is particularly appropriate as it enables the conversion to be carried out on a local scale, without transport of the biomass. It can also be used to convert stranded fossil fuels such as shale gas.
As the UK startup company says, “with moves towards development of vast shale gas reserves in