FORT WORTH, Texas - Greenway Technologies, Inc. (OTCQB: GWTI), today announced the completion of the first of its kind G-Reformer which converts natural gas into synthesis gas. The G-Reformer is a critical component of the company’s innovative Greer-Wright Gas-to-Liquids system which converts natural gas into liquid fuels.
A team consisting of individuals from Greenway Technologies, Inc. and its wholly-owned subsidiary, Greenway Innovative Energy, the University of Texas at Arlington (UTA), and Industrial Refractory Services, Inc. worked together over a three-day period ending March 2, 2018, to calibrate the newly-built G-Reformer.
“We are pleased to announce that the initial production metrics of our first commercial G-Reformer confirmed our expectations for synthesis gas production in the field. The unit met all of our team’s expectations, and we could not be more pleased,” said Tom Phillips, Vice President of Operations.
Ray Wright, President of Greenway Innovative Energy, said “the results validated our unique process called Fractional Thermal Oxidation™ (FTO). Reforming with FTO has many advantages over more expensive, legacy, large-scale methods. Our FTO-based GTL systems can be deployed in the field where needed, a first in the industry. “FTO,” he said, “will facilitate monetization of natural gas that is stranded, flared, or vented. Also, our fuel is cleaner than diesel made from petroleum. It has less heavy metals and impurities offering an incremental environmental improvement.”
Pat Six, President of Greenway Technologies, Inc. said that the company is engaged in ongoing discussions with funding joint venture partner candidates and “is optimistic that we will be able to begin construction of the first field-located Greer-Wright GTL System in 2018.”
