INFRA and Greenway ink pact

Fort Worth, Texas,  – Greenway Technologies Inc. (OTC: GWTI) and INFRA Technology LLC today announced they have entered into a non-exclusive Memorandum of Understanding (MOU) agreement for the joint design, engineering, and development of economical, transportable, reliable and profitable GTL plants using a combination of the two companies innovative and proprietary technologies.

As the industry for small scale GTL plants evolves and the technology becomes more readily available, companies have focused on only one or two of the necessary components to build and deliver a turn-key, profitable facility. INFRA is the global leader in Fischer-Tropsch (F-T) reactor and catalyst design. GIE has developed and patented a transportable, scalable and economic converter for synthesis gas generation needed to feed an F-T reactor called the G-Reformer®.

In addition to these necessary components, building GTL plants requires the leadership and financial discipline of an Engineering Procurement Contractor (EPC) to deliver against top level contracts for on-time and on-budget build programs. GIE has been working with Audubon Engineering for several years and named the company its EPC firm in 2018.

This agreement addresses the need to process various natural gas streams into liquid fuels. There are worldwide initiatives underway to reduce the amount of flared and vented gases which waste valuable natural resources and contribute to CO2 pollution.

By combining the capabilities of both companies, the time to deploy plants capable of processing flared or vented gas will be reduced. GTL systems from the companies can also be used to process coal and biomass assets providing the ability to convert these natural gas streams into useable products including diesel, gasoline, and jet fuel.

These fuels, derived from natural gas, will be incrementally cleaner than similar petroleum-based fuels.

To date, very few small-scale (less than 1,000 bpd) plants have progressed past the feasibility and pre-FEED (Front End Engineering Design) phase. This is because no one company has had all the elements necessary to complete the component design and integration to deliver a fully functioning GTL plant.

This MOU brings together the leading reformer technology from GIE, G-Reformer®, necessary to convert natural gas into synthesis gas and INFRA’s xtl, a highly efficient F-T reactor and catalyst. Together, the components from each company will combine to create a GTL solution which will maximize conversion to a desirable end product.

This MOU provides first-mover advantage for deploying small-scale GTL plants in a economical, transportable, and profitable fashion within a risk profile that is acceptable to investors and gas holders to monetize stranded gas, trapped gas, coalbed methane, biomass, as well as flared or vented gas.

Currently, INFRA’s team is performing start-up operations on a 100 bpd demonstration plant (M100) located in Wharton, Texas. The company’s plant will convert natural gas to SynCrude, with components of diesel, gasoline, and jet fuel.

This demonstration plant has a modular design that will allow integration of other components for testing, such as the G-Reformer® technology from GIE, and the catalysts that produce varying fractional amounts of end-product for sale.

This plant also provides the scalable design baseline for larger plants and serves as an economic model for the technology, process, and design proof.

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