- Renewable fuels group Velocys said it had formed a partnership with PQ Corporation for the supply of commercial quantities of Velocys' catalyst for bio-refineries.

PQ is a provider of specialty catalysts, services, materials and chemicals for the refinery, emissions control and petrochemical industries.

'Our relationship with PQ gives us a great combination of a trusted and high-quality manufacturer who can deliver for us all over the world,' chief operating officer Paul Schubert said.

'After their successful production and deployment of our catalyst at the ENVIA biorefinery, we're now ready to move to the next phase of catalyst manufacturing, with greater commercial quantities produced for future projects.'

At 9:43am: [LON:VLS] Velocys share price was +0.05p at 13.3p

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