|Oxford Catalysts' microreactor|
"Moreover, the fast reaction rates ensure higher yields of up to 100% with high quality and no side reactions. Product quality is enhanced through the accurate control of operation parameters such as pressure, temperature and space velocities."
Oxford Catalysts' raising of a further £21m for future development bodes well for its efforts in biofuels and Fischer-Tropsch reactions in microreactors. Many other players are looking at the technology, which, says the report, has high potential. It points out though that there are risks in implementation:
"The scope for microreactors in fuel and chemical processing is high. However, the non-availability of any commercial demonstration unit that can be retrofitted to an existing facility prevents manufacturers from taking a huge financial risk in their facilities."