NGT-Sythesis LLC

  • Grant accepted

Project

The NGTSMethaforming process converts naphtha and methanol into a high-octane gasoline blendstock releasing hydrogen.  This straightforward one-step process replaces reforming, isomerization and benzene removal thereby reducing costs by over 50%. Pilot plant processing has demonstrated performance on LPG, natural gasoline, full range naphtha and pyrolysis gasoline.

Due to reducing the costs of gasoline production and the process advantages, “Methaforming” will make able construction profitable small-scaled  gasoline plants in the Third World countries and replace large-scaled reforming and isomerization plants for mature and developing markets

Market

The total commercial potential of the technology is vast with hundreds of potential sites and licensing revenue of  over hundred millions $ a year. The first large market for “Methaforming” is worldwide replacement for new reforming.  The second is the  specialty applications for LPG and pyrolysis gasoline. The third is  US market for condensate instead of exports.

With the significantly increased light crude production from US, there is great surplus condensate that will be exported. Kinder Morgan, Valero and ConocoPhillips have announced plans for building condensate splitters. And Valero has announced plans to build a methanol plant in Louisiana. This condensate is the first candidate in US to be processed by “Methaforming” wherein the sulfur can be removed, octane increased and benzene content lowered, giving $200/mt (23$/B) net margin. The resultant “Methaformate” can be blended into gasoline in the US for export.


Company

NGT-Sintez LLC is a subsidiary of New gas technologes-management LLC. - a Moscow based management company specialaizing in innovations manageemt and ew technologies development. 

 

Investment opportunities

We are currently seeking funding of $1,3 MM. for the next year of process development, patenting and 240 BPD demo plant construction. We anticipate part of this will came from Skolkovo foundation (www.sk.ru)  grant with the remainder of equity investors.


Team [7]

Denis Pchelintsev
Denis Pchelintsev

Co-founder of several successful technology startups, previously...

Olga Malova
Olga Malova

Co-inventor of the catalyst, experience in catalytic refining...

Joseph Lischiner
Joseph Lischiner

Co-inventor of the technology, experience in designing gas...

Stephen Sims
Stephen Sims

Official representative of NGTS in North America. Extensive...

Sergey Medvedev
Sergey Medvedev

Executive Director and Partner of the private equity and management...


Presentation