At remote locations in eastern Yemen, diesel fuel powers drilling rigs and also serves as the lifeblood for their trucking fleet. Traditionally, trucks haul in their own diesel supply to transport crude-filled tanks to far away refineries. In 2003, Ventech provided an innovative solution to significantly lower fuel operation and transport costs in these regions.

When Yemen sought a more cost-efficient method of transporting crude oil from rig sites to their refineries, Ventech was hired to design and implement a production unit that could process the crude into diesel on location. Taking only 6 months from project initiation to delivery at the Port of Houston, Ventech supplied Yemen with a modular diesel-production unit capable of providing 500 barrels per day (bpd) of on-specification diesel for Yemen’s trucking fleet and drilling machinery.

Ventech supplied equipment specialists to train local Yemeni operators in the proper deployment of the plant. This training allowed the local operators to deploy the fully assembled and operational plant in two weeks.

Relying on a network of skilled personnel and venders local to Ventech’s Houston-based operations is what allowed Ventech to design, fabricate and test the diesel production unit at such an accelerated pace. There was no need for the client to spend extensive time and resources coordinating and hiring local engineers or construction talent in Yemen. Because the plant is modular, only five trucks are needed to transport the diesel production unit.

The diesel output of this unit is of a much higher quality than can be procured locally for industrial machinery. This provides the client with the added benefit of lower long-term maintenance costs and increased equipment lifespan.

With this modular diesel-production unit, Ventech proved it is able to provide an efficient on-site diesel-production capability to oil rig locations anywhere in the world.

Recognizing that one size does not fit all, Ventech specializes in designing and fabricating custom modular crude-processing units and reformers to fit each customer’s precise needs. Examples of Ventech’s achievements could not be further different than our projects in Siberia, Russia and northern Iraq. These projects presented vastly different technical challenges and logistical hurdles.

In the case of Siberia, Ventech was tasked with providing the first American-built oil refinery supplied to Russia in the remote Siberian town of Urai – located on the Konda River. With a population of less than 40,000 residents and located hundreds of miles away from the nearest oil refinery, Urai’s only fuel supply relief came via trucks driven over frozen rivers during the winter or from ships during the summer. Ventech’s solution was designed to provide a 2,000 bpd crude-processing plant in town to take advantage of Urai’s Shaim-Tyumen crude-oil pipeline. Designed and fabricated in Pasadena, Texas, the Ventech units shipped in 6 months from the date of contract execution.

Ventech engineers specially designed the Urai crude unit to operate in the below-50-degrees Fahrenheit weather by utilizing specialized metallurgy in the build process and by extensively insulating the unit. The extreme temperatures of Urai also required the crude-process module to be completely enclosed and heated—departing from the standard open-air design common in other projects. Ventech also supplied English and Russian-speaking personnel to oversee final assembly on site and plant operations training.

Working with the Russian government and locals, Ventech successfully provided the town of Urai with a processing plant allowing them to process local crude into diesel, gasoline, kerosene and fuel oil without needing outside support.

In the remote Kurdistan region of northern Iraq, Ventech was faced with a different challenge: building a large (20,000 bpd) crude-processing plant at a grassroots site along an oil pipeline, with no town or village nearby and with very little local support.

Ventech designed, procured and fabricated an entire crude-hydroskimming unit in our Pasadena, Texas, fabrication facility. Requiring 26 modules and complete utility packages including: power generators, steam boilers, air compressors, cooling towers, process flares, nitrogen generators and a control system to coordinate all the components, Ventech shipped the modular-processing plant to the port of Mersin, Turkey and then across the Iraqi desert to its project site in Kurdistan. Ventech erected the crude-processing plant along with a 9,000 bpd naphtha hydrotreater, 6,000 bpd catalytic reformer, and a 2,500 bpd isomerization unit.

This large-scale, modular crude-processing plant will play a key role in bringing positive economic change in the Kurdistan region for the people of Iraq.

Erbil, Northern Iraq – August 6, 2012 – KAR Group, an Iraqi integrated oil and gas company, has announced the third expansion of their Kalak Refinery to 185,000 barrels per day (BPD). Process units and utilities are being provided by Ventech Engineers LLC of Pasadena, Texas. Ventech has provided modularized crude-distillation units, naphtha hydrotreaters, catalytic reformers, isomerization units, demercaptanization systems, gas plants, and supporting utilities to the project. The announcement was made by Baz Karim, KAR’s President, at the 1st International Energy Arena, an event recently held in Erbil, Northern Iraq.

This is the refinery’s third expansion and is a continuation of the utilization of Ventech’s modularconstruction methods. Kevin Stanley, Ventech’s CEO, has emphasized that “modularization minimizes supply-chain logistics, shortens the  project schedule, and results in lower project costs. Fabricating modules under roof in our Pasadena, Texas facility produces a project quality vastly superior to traditional in-field construction. Much of the project’s construction is already complete when the modules are ready for shipment. This manufacturing technology virtually eliminates weather delays and enhances safety in the construction process.”

The first phase utilized 26 process modules to add 20,000 BPD of refining capacity to KAR’s existing 20,000 BPD plant. The subsequent second phase provided an additional 60,000 BPD of total refining capacity and was completed in 2011.

The third expansion consists of two 30,000 BPD modular complexes at the same site, as well as a 15,000 BPD Condensate Processing Facility. Once this latest phase is complete and operational, total capacity at the Kalak Refinery will be over 185,000 BPD – and it will remain the sole producer of unleaded gasoline in the country as well as the largest privately-owned refinery in Iraq.

KAR Group is a full-spectrum integrated oil company and energy producer working throughout Iraq providing expertise in engineering and construction to the oil industry.

Ventech Engineers LLC is the global leader in the design and construction of new modular refineries, gas-processing systems, and existing-plant relocations.

Contact:
Kevin Stanley
Chief Executive Officer
Kevin@ventech-eng.com

1149 Ellsworth
Pasadena, Texas 77502
Ph: (713) 477-0201
www.ventech-eng.com
# # #

INDIANAPOLIS, Sept. 6, 2012 /PRNewswire/ — Calumet Specialty Products Partners, L.P. (“Calumet”) (NASDAQ: CLMT) announced today that it plans to expand its Karns City, PA specialty products facility to include a nominal 1,000 barrels per day Gas to Liquids (“GTL”) plant.

Calumet has commissioned Ventech Engineers, LLC, specialists in modular petroleum processing plants, to design and deliver the GTL plant utilizing an Autothermal Reformer (ATR) from Haldor Topsoe, Inc and Fischer-Tropsch (FT) technology from Velocys, Inc.

Haldor Topsoe’s ATR is an established technology for reforming natural gas into synthesis gas, a mixture of hydrogen and carbon monoxide. In the GTL plant, this synthesis gas will be routed through the Velocys FT process for conversion into long chain hydrocarbons. Velocys is a leading developer of microchannel process technology for synthetic fuels production.

The entire plant will be constructed as truckable modules at Ventech’s fabrication facility in Pasadena, Texas, and then transported to Calumet’s site in Karns City for rapid installation and interconnection with the existing refining facility.

The plant design is expected to be completed by late 2012, followed by site specific engineering and a decision to commence fabrication in the first half of 2013. Production is currently expected to begin in the second half of 2014.

“Converting natural gas into ultra-high quality feedstock through GTL will reduce our costs, increase security of supply and improve product quality.  We are excited to be considering this project for our Karns City facility because it will help us further utilize our current specialty product assets,” said Calumet’s Vice Chairman and Chief Executive Officer Bill Grube.

About the Partnership

Calumet is a master limited partnership and is a leading independent producer of high-quality, specialty hydrocarbon products in North America. Calumet processes crude oil and other feedstocks into customized lubricating oils, solvents, waxes and asphalt used in consumer, industrial, and automotive products. Calumet also produces fuel products including gasoline, diesel and jet fuel. Calumet is based in Indianapolis, Indiana and has nine facilities located in northwest Louisiana, northwest Wisconsin, western Pennsylvania, southeastern Texas and eastern Missouri.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements and information in this press release may constitute “forward-looking statements.” The words “may,” “intend,” “believe,” “expect,” “anticipate,” “plan,” “foresee,” “estimate,” “continue,” “should,” “will,” “would,” “could” or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. These forward-looking statements include, without limitation, Calumet’s expectations with respect to timing of the completion of the proposed GTL plant and Calumet’s plans, objectives, expectations and intentions with respect to future operation of the GTL plant. These forward-looking statements are based on Calumet’s current expectations and beliefs concerning future developments and their potential effect on Calumet. While Calumet believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting Calumet will be those that Calumet anticipates. All subsequent written and oral forward-looking statements concerning the GTL plant are expressly qualified in their entirety by the cautionary statements above. Calumet undertakes no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.

SOURCE Calumet Specialty Products Partners, L.P.

UK alternative fuel specialist Oxford Catalysts has raised £1.3m through the sale of 933,687 shares to the US-based Ventech Project Investments, an affiliate of Ventech Engineers.

In addition to the finance, the US division of Oxford Catalysts has entered into a series of agreements with Ventech to be the company’s preferred supplied of fisher-tropsch (FT) technology in North America.

Ventech will have non-exclusive access to design, sell and deliver gas-to-liquid plants using the FT solution.

The US company is now required to place an order for FT reactors by 29 March 2013, expected to be worth around $8m to Oxford Catalysts.

Roy Lipski, CEO of Oxford Catalysts Group, said, ‘Today’s transaction solidifies our relationship with Ventech and provides further validation of our technology, business model and valuation. The 44 per cent premium to the mid-market price paid by Ventech provides a timely reminder of the significant potential upside that industry sees in Oxford Catalysts.

‘Ventech’s willingness to co-invest with clients, and the $200m they have available for such activities, provides substantial comfort to early adopters and is proving a strong boost to the sales effort. Furthermore, their firm intention to purchase reactors for a commercial facility, by 29 March 2013 – potentially ahead of a client order, is a great vote of confidence and will help kick-start our manufacturing supply chain.’

Kevin Stanley, CEO of Ventech Engineers, added, ‘As the world’s leader in the design and manufacture of modular process plants, we view the [gas-to-liquid] market as a significant opportunity. After an extensive search of available technologies we identified Oxford Catalysts’ FT product as the leading offering in the industry for modular [gas-to-liquid] plants.

‘There are strong synergies between the Group’s technology and Ventech’s strengths and expertise in modular process plants. We are delighted to be moving our relationship with Oxford Catalysts to the next stage and look forward to building a leading position with them in the fast emerging market for smaller scale [gas-to-liquid] in North America.’

SOURCE NewsNet

JUBA: South Sudan’s first mini-refinery will start with an initial capacity of 10,000 barrels a day and double this in a few years, the oil ministry said.

The new African republic signed in October a deal with U.S. firm Ventech Engineers International to build a first refinery in Upper Nile state, home to the country’s biggest oilfields.

South Sudan, one of the world’s least developed countries, wants to end dependency on refineries and export pipelines in neighbour Sudan from which it seceded in July 2011.

“It (the refinery) will have an initial capacity of 10,000 barrels per day throughput, and the ministry also plans to expand it to 20,000 barrels per day throughput capacity in a few years,” Oil Minister Stephen Dhieu Dau said in a statement received on Saturday.

The refinery would be finished within 10 months, he said.

In September, landlocked South Sudan agreed with Sudan to resume oil production after shutting down its entire output of 350,000 bpd in January in a conflict over oil fees.

Oil exports through Sudan’s pipelines were meant to resume by the end of the year but new tensions broke out last week between the neighbours, threatening the schedule.

SOURCE The Times of India

In the early days of Kurdistan’s oil industry, local businessmen would turn up unannounced at oil wells and offer operators cash for their crude, which they then drove in tankers to primitive “teapot” refineries and turned into asphalt.

There are still a few teapots but these days much of Kurdistan’s oil is piped straight into big modern refineries, which churn out everything from heavy fuel oil to high-octane petrol.The largest of them, in Kalak, near Erbil, is a symbol of modernity in a region that had no refineries at all until a few years ago. Workers in crisp orange overalls sweep up dust from under the spotless pipework and gardeners tend beds of rose bushes and oleander. On its outer fringes, bulldozers churn up a huge construction site, part of an expansion led by US group Ventech Engineers to more than double Kalak’s capacity.

Kurdistan’s refining sector is growing fast, fuelled by the plentiful oil reserves discovered in the region in the past four years. It now has refining capacity of 100,000 barrels of oil a day, a figure that is set to rise sharply in the coming years. The region is almost completely selfsufficient in some refined products, such as fuel oil.

Unlike the upstream sector, Kurdistan’s refining industry is almost the exclusive preserve of locals, among them KAR Group, one of the region’s largest private companies, which operates Kalak.

This is a big change from the era of Saddam Hussein. “Before, Iraq didn’t allow Kurds to enter strategic industries like refining,” says Hejar Azad, KAR’s process and site manager, who is overseeing Kalak’s expansion. With autonomy, that has changed. “I am a Kurdish engineer and am managing a whole refinery.”

KAR is now established on all links of the oil value chain. Kalak is supplied with crude from a huge oilfield near Kirkuk, the Khurmala Dome, which KAR operates, through a 40km pipeline built by KAR. The group plans to build a gas-fired power plant in the Khurmala area and recently raised financing for the project from the Czech Export Bank.

Kalak is expanding fast. Its capacity of 40,000 barrels a day will rise to 100,000 b/d early next year with the expansion. Kalak will then supply 75 per cent of local demand for products such as high-octane gasoline.

Others are also moving ahead. The Bazian refinery, near Kurdistan’s second city of Suleimaniya, was taken over in 2009 by a local trading company, Qaiwan. It is being upgraded by Ventech to increase its capacity to 34,000 b/d.

Innovative logistics are needed for such a remote, landlocked region. For Kalak, Ventech designed and built a fully engineered refinery complex at its facility in Texas and shipped it to the Turkish port of Mersin, from where it was sent overland to Kurdistan.

Part of the success of the refining sector lies in the chosen model. Feedstock is supplied by the government and the refined products go to the government. Refiners are paid a perbarrel processing fee. “It gives you guaranteed cash flow and it is a low, manageable risk,” says Baz Karim, KAR chief executive.

In contrast, refiners in the rest of Iraq must buy the feedstock from the government, usually at a small discount to the world price of crude, and sell the refined product into the local market themselves. Yet with the price of gasoline and diesel in Iraq kept artificially low by government fiat, it is hard for refiners to make money.

Deterred by such terms, investors have tended to steer clear of the Iraqi refining industry. The government has responded by changing its model: it is inviting investors to develop one of the country’s big oilfields, Nasiriya, and build a refinery nearby as part of an integrated project. Any products surplus to the needs of the local market can be exported. It is still unclear whether this new approach will attract the same level of interest as Kurdistan’s downstream industry has.

Meanwhile, the northern region’s prospects are undimmed. The industry is underpinned by strong growth in demand for refined products locally. The recently built Erbil International Airport, for example, has increased the appetite for jet fuel and other downstream opportunities beckon. Mr Karim speaks of branching into petrochemicals and producing pesticides, fertilisers and detergents.

Local companies hope to expand their reach into the south, despite the political differences between Erbil and Baghdad. The regional government has spoken of Kurdistan becoming a net exporter of certain refined products next year. “Our goal is to meet all of Kurdistan’s needs and, if we can, help neighbouring governorates, which also have a shortage,” says Mr Karim.

By Guy Chazan

SOURCE The Financial Times

Pasadena, Texas – February 1, 2013 – Ventech Engineers LLC is nearing completion on the Khurmala Crude Stabilizer Unit, a project being engineered and fabricated for the KAR Group, an Iraqi oil and gas company. The stabilizer will serve KAR’s central crude processing station (CPS) at the Khurmala oilfield, located approximately 50 kilometers from its Kalak Refinery in the Kurdistan Region of northern Iraq.

The project marks the continuation of Ventech’s established working relationship with the KAR Group, and will meet an important safety and process need. According to Scot Stanley, Ventech project manager, “The stabilizer removes light gas and hydrogen sulfide (H2S) from the crude. This improves refinery operations, reduces potential H2S exposure risk to the CPS and refinery personnel, and eliminates sulfur dioxide (SO2) production when refinery off-gas is used to fire the heaters and boilers. Our project will help KAR operate with an enhanced level of safety and achieve longer service life from their refinery equipment.”

The crude stabilization unit is designed to process up to 100,000 BPD of crude, and is being fabricated into eight (8) modular units. The project started in 2012 and the modules are scheduled to ship from Ventech’s Pasadena, Texas fabrication facility during March, 2013.

KAR Group is a full-spectrum integrated oil company and energy producer working throughout Iraq providing expertise in engineering and construction to the oil industry.

Ventech Engineers LLC is the global leader in the design and construction of new modular refineries, gas-processing systems, and existing-plant relocations.

Contact:
Kevin Stanley
Chief Executive Officer
Kevin@ventech-eng.com
1149 Ellsworth
Pasadena, Texas 77502
Ph: (713) 477-0201
www.ventech-eng.com
# # #

A diesel refinery in southwestern North Dakota will process 20,000 barrels of Bakken-based crude oil per day after construction is complete over the next 20 months. MDU Resources Group Inc., and Calumet Specialty Products Partners LP, have formed a joint venture called Dakota Prairie Refining LLC to develop, build and operate the facility west of Dickinson. Construction at the 318-acre site in Stark County could start this spring.“The decision by MDU Resources and Calumet to move forward on a new diesel refinery is good news for North Dakota and the entire nation,” according to N.D. Gov. Jack Dalyrmple. “This project will be built by the private sector. It will create more jobs, it will help to further diversify our economy and it will increase the region’s supply of diesel fuel,” he said.

The plant’s engineering and design services are currently in the final stages, according to MDU Resources, and Westcon, an oil and gas construction firm based out of Bismarck, and Ventech Engineering, a global EPC contractor for the oil and gas industry, have been selected as the primary equipment and technology provider for the plant.

Other potential subcontractors for the build out include Knife River Corp., a Bismarck-based construction firm, and MDU Construction Services Group. Fidelity Exploration and Production Co. will supply the plant with some of the facility’s crude oil. WBI Energy, a natural gas and crude oil handling company that is part of the MDU Resources Group family of companies, will supply the gas to operate the plant. Montana-Dakota Utilities will provide power for the facility.

“Through this joint venture we are continuing to expand both our midstream energy business and our vertically integrated investment in the Bakke oil play,” David Goodin, president and CEO of MDU Resources said, adding that, “there is a strong existing market for the plant’s production,” and the state will benefit from the plant’s long-term job creation potential.

By Luke Geiver

SOURCE The Bakken magazine

Pasadena, Texas – February 22, 2013 – Ventech Fabrication Services LLC (Ventech) recently kicked-off a 6,000 barrels per day (BPD) gasoline-plant project for SC Condensate, to be completed in 18 months.  When finished, the project will enable SC Condensate to refine naphtha into high-grade gasoline.     

From their refinery in Kazakhstan, SC Condensate produces a variety of hydrocarbon fuels.  After identifying an excellent business opportunity in the gasoline market, they contracted with Ventech for an engineering, procurement, and site assistance project that will add gasoline-production capability to the existing refinery.  Ventech will provide engineering, design, and modular fabrication of the new process units consisting of:

• 6,000 Barrels per Day (BPD) naphtha hydrotreater
• 3,100 BPD naphtha reformer
• 2,069 BPD UOP-licensed isomerization unit

The project started in October 2012 and is under the direction of Ventech project manager Boris Merlinsky.  “We are pleased to be working with SC Condensate in this capacity, and we look forward to helping them achieve their business objectives.  We want Condensate’s gasoline production to come on-line as soon as possible, and our modular approach will shorten the overall project schedule and minimize field installation time”, said Merlinsky.

The produced gasoline will comply with the Euro 5 emissions standards, and will become an important revenue stream for the company as they export the fuel to local and international markets.

Process modules are scheduled to ship from Ventech’s fabrication facility during the second quarter of 2014.  As they arrive at the project site, Ventech will provide site assistance during field construction.  The project site is the Karachaganak Oil and Gas Condensate Field located in the Burlinsky District of West-Kazakhstan Oblast, Republic of Kazakhstan.

SC CONDENSATE (Uralsk, Republic of Kazakhstan) produces hydrocarbon fuels from various feedstocks and is the first independent refiner in the Republic of Kazakhstan.  During 2012 the company celebrated its 20th year in business.

Ventech is the global leader in the design and construction of new modular refineries, gas-processing systems, and existing-plant relocations.

Contact:
Kevin Stanley
Chief Executive Officer
Kevin@ventech-eng.com
1149 Ellsworth
Pasadena, Texas 77502
Ph: (713) 477-0201
www.ventech-eng.com
# # #

HOUSTON — March 24, 2014 — Waste Management, Inc. (NYSE:WM), Ventech Engineers International LLC, NRG Energy, Inc. (NYSE: NRG) and Velocys plc (LSE:VLS) today announced the formation of a joint venture to produce renewable fuels and chemicals from biogas and natural gas using smallerscale gas-to-liquids (“GTL”) technology.

The joint venture, comprised of WM Organic Growth, Inc., NRG GTL Holdings, LLC, VPI LF-GTL, LLC, and Velocys, Inc., brings together the right parties, the right assets and the right capabilities necessary to pursue opportunities in the sector.

As part of Waste Management’s commitment to sustainability, the company continually explores new ways to extract value from the biogas managed at its landfills. Under this program, Waste Management has pioneered the use of smaller-scale GTL utilizing landfill gas, including building and operating a demonstration unit at East Oak landfill in Oklahoma. The demonstration unit has accumulated more than 10,000 hours of successful operation.

“From developing gas recovery and cleanup techniques, to registering GTL diesel as a fuel for on-highway use, Waste Management has been a leader in this area. We are pleased to take this opportunity forward with a very strong team. Velocys’ leading smaller-scale GTL technology, Ventech’s engineering capabilities, and NRG’s clean energy development expertise will complement Waste Management’s strengths in the joint venture,” said Joe Vaillancourt, vice president, corporate venturing at Waste Management.

Ventech, as the engineering contractor to the joint venture, has optimized the design and engineering of the joint venture’s first facility. “Ventech brings to the joint venture its deep expertise in the development of modular construction and specialized fabrication of refineries, gas processing systems and chemical facilities, and we are proud to be able to apply our significant and specific expertise to this effort,” said Kevin Stanley, chief executive officer of Ventech Engineers International.

NRG brings extensive experience in developing large renewable capital projects, strong green customer focus and expertise in the acquisition and transportation of large quantities of natural gas. “With one of the largest and most diverse generation fleets in America including extensive natural gas generation capacity and a leading solar portfolio as well as numerous innovative and green options for large and small customers, NRG is focused on delivering cleaner and smarter energy choices,” said John Ragan, executive vice president and regional president, Gulf Coast, NRG. “We are pleased to be part of this joint venture that fits squarely within our commitment to provide customers with more options to reduce their environmental profile and look forward to helping develop the capabilities to leverage biogas and natural gas resources into a source for higher value, clean burning diesel fuel.”

Velocys, the leader in smaller-scale GTL technology, will supply the Fischer-Tropsch reactor and catalyst to the joint venture. “With the benefit of more than fifteen years of development, over $300 million of investment, and the world’s largest microchannel patent portfolio, Velocys is pleased to bring its leading position in smaller-scale GTL technology to this partnership and the exciting opportunities being pursued together,” said Roy Lipski, chief executive officer, Velocys.

The joint venture’s first facility is under development and will be located at Waste Management’s East Oak site in Oklahoma. The joint venture intends making a final decision to proceed on this first plant this year. Engineering and design work is substantially complete, final draft permitting documents have been submitted, and development activities for additional facilities are expected to commence shortly.

ABOUT WASTE MANAGEMENT

Waste Management, Inc., based in Houston, Texas, is the leading provider of comprehensive waste management services in North America. Through its subsidiaries, the company provides collection, transfer, recycling and resource recovery, and disposal services. It is one of the largest residential recyclers and also a leading developer, operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States. The company’s customers include residential,
commercial, industrial, and municipal customers throughout North America. To learn more information about Waste Management visit www.wm.com or www.thinkgreen.com.

ABOUT VENTECH

Ventech Engineers International LLC is a global leader in the design and construction of new modular refineries, gas processing systems, plant relocations, and specialized fabrications for the chemical, refining and gas production industries. The corporate office and fabrication complex are located in Pasadena, Texas. Additional offices are located in Ankara, Turkey, Moscow, Russia, and Alabang, Philippines. More information is available at www.ventech-eng.com.

ABOUT NRG

NRG is leading a customer-driven change in the U.S. energy industry by delivering cleaner and smarter energy choices, while building on the strength of the nation’s largest and most diverse competitive power portfolio. A Fortune 500  company, NRG creates value through reliable and efficient conventional generation while driving innovation in solar and renewable power, electric vehicle ecosystems, carbon capture technology and customer-centric energy solutions. NRG’s retail electricity providers – Reliant, Green Mountain Energy, Energy Plus and NRG Residential Solutions – serve millions of residential and commercial customers throughout the country. More information is available at www.nrgenergy.com.

ABOUT VELOCYS

Velocys (formerly Oxford Catalysts) enables modular gas-to-liquids (GTL) plants to convert unconventional, remote and problem gas into valuable liquid fuels. Systems based on the Company’s technology are significantly smaller than those using conventional technology, enabling modular plants that can be deployed cost effectively in remote locations and on smaller fields than is possible with competing systems. Together with world-class partners, Velocys provides complete modular GTL solutions that address an untapped market of up to 25 million barrels of fuel a day. Velocys plc is listed on the AIM market of the London Stock Exchange (LSE: VLS). The Company has approx. 100 employees with facilities in Houston, Texas, USA and near Oxford, UK and Columbus, Ohio, USA. More information is available at www.velocys.com.

FORWARD LOOKING STATEMENT

This press release contains forward-looking statements, including but not limited to statements regarding anticipated synergies and contributions from the joint venture partners, effectiveness and optimization of technology, and the  development and permitting of the first facility and additional facilities. You should view these statements with caution. They are based on the facts and circumstances as of the date the statements are made. These forward-looking statements are subject to risks and uncertainties that could cause actual results to be materially different from those set forth in such forward-looking statements, including but not limited to, inability to obtain permits and inability to integrate and develop the technology and facilities as anticipated. The parties to this release assume no obligation to update any forward-looking statement whether as a result of future events, circumstances or developments or otherwise.

###

The rush to build more refineries that convert natural gas to liquid fuels is going strong, and Pasadena, Texas-based Ventech Engineers International LLC CEO Kevin Stanley sees the Houston area playing a huge part in building those facilities along the Gulf Coast and even worldwide.

Although gas-to-liquids technology, or GTL, is about 90 years old, the needed capital investments are costly and were rarely seen as financially viable before. But now, with cheap natural gas feedstock and the price of oil consistently exceeding $100 a barrel, more companies are planning to build GTL refineries and facilities.

Ventech, an engineering, procurement and construction company that focuses on modular systems design and fabrication, has entered the GTL market with the goal of constructing the refineries in the Houston area and putting the pieces together wherever the plants will be located.

“There’s the potential for dozens of these (GTL) facilities in North America,” Stanley said. “I foresee the Houston area producing the plants that go all over the place.”

The “modularization” approach of building 70 percent of the refineries in Pasadena and shipping out the pieces to be put together like a “Lego kit” on site — though Stanley noted the description “cheapens” the efforts — has led to rapid growth for Ventech building refineries all over the world. For instance, he said, Ventech built the only refineries in Iraq producing unleaded gasoline.

Ventech has grown from roughly 100 employees a decade ago to 730 workers now, 600 of whom are in the Houston area, and Stanley said he is currently trying to hire more engineers and skilled workers. Ventech is in the process of building additional offices to house the anticipated growth, he said.

Maybe the biggest GTL facility in the works now is South Africa-based Sasol planning to build a $21 billion ethylene cracker and GTL complex in southwestern Louisiana that will primarily convert natural gas to diesel fuel. As such, Sasol is currently building its new North American headquarters in Houston’s Energy Corridor.

Ventech, though, is focusing on building small and mid-sized GTL plants with partners like energy technology company Velocys, based in the United Kingdom, and Haldor Topsoe, a Danish catalysis company.

“We think we’re going to have a GTL (facility) running easily within the next two years,” Stanley said.

Ventech already is in an early joint venture for an alternative energy GTL project to create fuels from the gas created by landfills.

Although the details are slim and Stanley said he cannot release any more information for now, Ventech has teamed up with Houston-based Waste Management Inc. (NYSE: WM), oil and gas giant NRG Energy Inc. (NYSE: NRG) and Velocys on the venture dedicated to producing renewable fuels and chemicals.

The first facility demonstrating the new technology has already been operating at Waste Management’s East Oak landfill in Oklahoma for more than a year, according to the release.

But the facility is also still under development, with the venture still to decide whether to proceed with the project later in 2014.

–

Jordan Blum, Houston Business Journal.

Velocys plc (VLS.L), the technology innovator for smaller scale gas-to-liquids (GTL), is pleased to announce that the final investment decision (FID) has been made to proceed with construction of a commercial GTL plant using the Company’s technology.

Highlights:

• Final investment decision (FID) made to proceed with construction of a commercial GTL plant using Velocys technology
• Contract signed for technology license, supply and service with Velocys at market rates
• Project being funded by a JV between Waste Management, NRG Energy, Ventech Engineers International and Velocys (minority holder)
• Plant will provide a commercial reference site for the Velocys technology

The project is being funded by a joint venture (JV) between Waste Management, NRG Energy (NRG), Ventech Engineers International (Ventech) and Velocys, formed to develop a series of GTL plants in the United States and other select geographies. (See RNS announcement on 24 March 2014 for additional detail on the JV).

The plant, which is designed to be profitable on a standalone basis, will be located at Waste Management’s East Oak landfill site in Oklahoma, US. It will provide a commercial reference site for the Velocys technology and will deploy a number of the Company’s full scale Fischer-Tropsch reactors.

Purchase of major equipment has begun, with construction and commissioning to be complete, and the plant entering full commercial operation, in less than 24 months. The JV has entered into all major contracts needed for the project, including technology license, supply and service agreements with Velocys (at market rates), EPC contract with Ventech (lump sum for the modules), land lease with Waste Management, and gas purchase and product offtakes. Further detail concerning the project will be released during a ground-breaking ceremony scheduled for later in the year.

As a minority interest holder in the JV, the Company’s investment in the East Oak plant is limited to some $5 million, drawn down over the course of construction. This amount, which excludes revenues due to Velocys for the supply of technology and services, can be comfortably accommodated from the Company’s current balance sheet.

Waste Management is the largest environmental solutions provider in North America, NRG owns the largest and most diverse competitive power generation portfolio in the United States; both are Fortune 500 companies. Ventech is a global leader in the design and construction of modular refineries.

Roy Lipski, CEO of Velocys, said:

“Like the four minute mile, this small commercial GTL plant going ahead is a major psychological milestone, for the industry and for Velocys and its customers.

“After 15 years of development, over $300 million of investment, and a commercial plant underway, Velocys is now poised at the forefront of the distributed production revolution taking place in this new age of gas abundance.”

Contact

Notes

Velocys enables modular gas-to-liquids (GTL) plants to convert unconventional, remote and problem gas into valuable liquid fuels. Systems based on the Company’s technology are significantly smaller than those using conventional technology, enabling modular plants that can be deployed cost effectively in remote locations and on smaller fields than is possible with competing systems. Together with world-class partners, Velocys provides complete modular GTL solutions that address an untapped market of up to 25 million barrels of fuel a day.

Velocys plc is listed on the AIM market of the London Stock Exchange (LSE: VLS). The Company has approx. 100 employees with facilities in Houston, Texas, USA and near Oxford, UK and Columbus, Ohio, USA.

UK alternative fuel specialist Oxford Catalysts has raised £1.3m through the sale of 933,687 shares to the US-based Ventech Project Investments, an affiliate of Ventech Engineers.

In addition to the finance, the US division of Oxford Catalysts has entered into a series of agreements with Ventech to be the company’s preferred supplied of fisher-tropsch (FT) technology in North America.

Ventech will have non-exclusive access to design, sell and deliver gas-to-liquid plants using the FT solution.

The US company is now required to place an order for FT reactors by 29 March 2013, expected to be worth around $8m to Oxford Catalysts.

Roy Lipski, CEO of Oxford Catalysts Group, said, ‘Today’s transaction solidifies our relationship with Ventech and provides further validation of our technology, business model and valuation. The 44 per cent premium to the mid-market price paid by Ventech provides a timely reminder of the significant potential upside that industry sees in Oxford Catalysts.

‘Ventech’s willingness to co-invest with clients, and the $200m they have available for such activities, provides substantial comfort to early adopters and is proving a strong boost to the sales effort. Furthermore, their firm intention to purchase reactors for a commercial facility, by 29 March 2013 – potentially ahead of a client order, is a great vote of confidence and will help kick-start our manufacturing supply chain.’

Kevin Stanley, CEO of Ventech Engineers, added, ‘As the world’s leader in the design and manufacture of modular process plants, we view the [gas-to-liquid] market as a significant opportunity. After an extensive search of available technologies we identified Oxford Catalysts’ FT product as the leading offering in the industry for modular [gas-to-liquid] plants.

‘There are strong synergies between the Group’s technology and Ventech’s strengths and expertise in modular process plants. We are delighted to be moving our relationship with Oxford Catalysts to the next stage and look forward to building a leading position with them in the fast emerging market for smaller scale [gas-to-liquid] in North America.’

SOURCE NewsNet

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JUBA: South Sudan’s first mini-refinery will start with an initial capacity of 10,000 barrels a day and double this in a few years, the oil ministry said.

The new African republic signed in October a deal with U.S. firm Ventech Engineers International to build a first refinery in Upper Nile state, home to the country’s biggest oilfields.

South Sudan, one of the world’s least developed countries, wants to end dependency on refineries and export pipelines in neighbour Sudan from which it seceded in July 2011.

“It (the refinery) will have an initial capacity of 10,000 barrels per day throughput, and the ministry also plans to expand it to 20,000 barrels per day throughput capacity in a few years,” Oil Minister Stephen Dhieu Dau said in a statement received on Saturday.

The refinery would be finished within 10 months, he said.

In September, landlocked South Sudan agreed with Sudan to resume oil production after shutting down its entire output of 350,000 bpd in January in a conflict over oil fees.

Oil exports through Sudan’s pipelines were meant to resume by the end of the year but new tensions broke out last week between the neighbours, threatening the schedule.

SOURCE The Times of India

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In the early days of Kurdistan’s oil industry, local businessmen would turn up unannounced at oil wells and offer operators cash for their crude, which they then drove in tankers to primitive “teapot” refineries and turned into asphalt.

There are still a few teapots but these days much of Kurdistan’s oil is piped straight into big modern refineries, which churn out everything from heavy fuel oil to high-octane petrol.The largest of them, in Kalak, near Erbil, is a symbol of modernity in a region that had no refineries at all until a few years ago. Workers in crisp orange overalls sweep up dust from under the spotless pipework and gardeners tend beds of rose bushes and oleander. On its outer fringes, bulldozers churn up a huge construction site, part of an expansion led by US group Ventech Engineers to more than double Kalak’s capacity.

Kurdistan’s refining sector is growing fast, fuelled by the plentiful oil reserves discovered in the region in the past four years. It now has refining capacity of 100,000 barrels of oil a day, a figure that is set to rise sharply in the coming years. The region is almost completely selfsufficient in some refined products, such as fuel oil.

Unlike the upstream sector, Kurdistan’s refining industry is almost the exclusive preserve of locals, among them KAR Group, one of the region’s largest private companies, which operates Kalak.

This is a big change from the era of Saddam Hussein. “Before, Iraq didn’t allow Kurds to enter strategic industries like refining,” says Hejar Azad, KAR’s process and site manager, who is overseeing Kalak’s expansion. With autonomy, that has changed. “I am a Kurdish engineer and am managing a whole refinery.”

KAR is now established on all links of the oil value chain. Kalak is supplied with crude from a huge oilfield near Kirkuk, the Khurmala Dome, which KAR operates, through a 40km pipeline built by KAR. The group plans to build a gas-fired power plant in the Khurmala area and recently raised financing for the project from the Czech Export Bank.

Kalak is expanding fast. Its capacity of 40,000 barrels a day will rise to 100,000 b/d early next year with the expansion. Kalak will then supply 75 per cent of local demand for products such as high-octane gasoline.

Others are also moving ahead. The Bazian refinery, near Kurdistan’s second city of Suleimaniya, was taken over in 2009 by a local trading company, Qaiwan. It is being upgraded by Ventech to increase its capacity to 34,000 b/d.

Innovative logistics are needed for such a remote, landlocked region. For Kalak, Ventech designed and built a fully engineered refinery complex at its facility in Texas and shipped it to the Turkish port of Mersin, from where it was sent overland to Kurdistan.

Part of the success of the refining sector lies in the chosen model. Feedstock is supplied by the government and the refined products go to the government. Refiners are paid a perbarrel processing fee. “It gives you guaranteed cash flow and it is a low, manageable risk,” says Baz Karim, KAR chief executive.

In contrast, refiners in the rest of Iraq must buy the feedstock from the government, usually at a small discount to the world price of crude, and sell the refined product into the local market themselves. Yet with the price of gasoline and diesel in Iraq kept artificially low by government fiat, it is hard for refiners to make money.

Deterred by such terms, investors have tended to steer clear of the Iraqi refining industry. The government has responded by changing its model: it is inviting investors to develop one of the country’s big oilfields, Nasiriya, and build a refinery nearby as part of an integrated project. Any products surplus to the needs of the local market can be exported. It is still unclear whether this new approach will attract the same level of interest as Kurdistan’s downstream industry has.

Meanwhile, the northern region’s prospects are undimmed. The industry is underpinned by strong growth in demand for refined products locally. The recently built Erbil International Airport, for example, has increased the appetite for jet fuel and other downstream opportunities beckon. Mr Karim speaks of branching into petrochemicals and producing pesticides, fertilisers and detergents.

Local companies hope to expand their reach into the south, despite the political differences between Erbil and Baghdad. The regional government has spoken of Kurdistan becoming a net exporter of certain refined products next year. “Our goal is to meet all of Kurdistan’s needs and, if we can, help neighbouring governorates, which also have a shortage,” says Mr Karim.

By Guy Chazan

SOURCE The Financial Times

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Pasadena, Texas – February 1, 2013 – Ventech Engineers LLC is nearing completion on the Khurmala Crude Stabilizer Unit, a project being engineered and fabricated for the KAR Group, an Iraqi oil and gas company. The stabilizer will serve KAR’s central crude processing station (CPS) at the Khurmala oilfield, located approximately 50 kilometers from its Kalak Refinery in the Kurdistan Region of northern Iraq.

The project marks the continuation of Ventech’s established working relationship with the KAR Group, and will meet an important safety and process need. According to Scot Stanley, Ventech project manager, “The stabilizer removes light gas and hydrogen sulfide (H2S) from the crude. This improves refinery operations, reduces potential H2S exposure risk to the CPS and refinery personnel, and eliminates sulfur dioxide (SO2) production when refinery off-gas is used to fire the heaters and boilers. Our project will help KAR operate with an enhanced level of safety and achieve longer service life from their refinery equipment.”

The crude stabilization unit is designed to process up to 100,000 BPD of crude, and is being fabricated into eight (8) modular units. The project started in 2012 and the modules are scheduled to ship from Ventech’s Pasadena, Texas fabrication facility during March, 2013.

KAR Group is a full-spectrum integrated oil company and energy producer working throughout Iraq providing expertise in engineering and construction to the oil industry.

Ventech Engineers LLC is the global leader in the design and construction of new modular refineries, gas-processing systems, and existing-plant relocations.

Contact:
Kevin Stanley
Chief Executive Officer
Kevin@ventech-eng.com
1149 Ellsworth
Pasadena, Texas 77502
Ph: (713) 477-0201
www.ventech-eng.com
# # #

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A diesel refinery in southwestern North Dakota will process 20,000 barrels of Bakken-based crude oil per day after construction is complete over the next 20 months. MDU Resources Group Inc., and Calumet Specialty Products Partners LP, have formed a joint venture called Dakota Prairie Refining LLC to develop, build and operate the facility west of Dickinson. Construction at the 318-acre site in Stark County could start this spring.“The decision by MDU Resources and Calumet to move forward on a new diesel refinery is good news for North Dakota and the entire nation,” according to N.D. Gov. Jack Dalyrmple. “This project will be built by the private sector. It will create more jobs, it will help to further diversify our economy and it will increase the region’s supply of diesel fuel,” he said.

The plant’s engineering and design services are currently in the final stages, according to MDU Resources, and Westcon, an oil and gas construction firm based out of Bismarck, and Ventech Engineering, a global EPC contractor for the oil and gas industry, have been selected as the primary equipment and technology provider for the plant.

Other potential subcontractors for the build out include Knife River Corp., a Bismarck-based construction firm, and MDU Construction Services Group. Fidelity Exploration and Production Co. will supply the plant with some of the facility’s crude oil. WBI Energy, a natural gas and crude oil handling company that is part of the MDU Resources Group family of companies, will supply the gas to operate the plant. Montana-Dakota Utilities will provide power for the facility.

“Through this joint venture we are continuing to expand both our midstream energy business and our vertically integrated investment in the Bakke oil play,” David Goodin, president and CEO of MDU Resources said, adding that, “there is a strong existing market for the plant’s production,” and the state will benefit from the plant’s long-term job creation potential.

By Luke Geiver

SOURCE The Bakken magazine

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Pasadena, Texas – February 22, 2013 – Ventech Fabrication Services LLC (Ventech) recently kicked-off a 6,000 barrels per day (BPD) gasoline-plant project for SC Condensate, to be completed in 18 months. When finished, the project will enable SC Condensate to refine naphtha into high-grade gasoline.

From their refinery in Kazakhstan, SC Condensate produces a variety of hydrocarbon fuels. After identifying an excellent business opportunity in the gasoline market, they contracted with Ventech for an engineering, procurement, and site assistance project that will add gasoline-production capability to the existing refinery. Ventech will provide engineering, design, and modular fabrication of the new process units consisting of:

6,000 Barrels per Day (BPD) naphtha hydrotreater
3,100 BPD naphtha reformer
2,069 BPD UOP-licensed isomerization unit
The project started in October 2012 and is under the direction of Ventech project manager Boris Merlinsky. “We are pleased to be working with SC Condensate in this capacity, and we look forward to helping them achieve their business objectives. We want Condensate’s gasoline production to come on-line as soon as possible, and our modular approach will shorten the overall project schedule and minimize field installation time”, said Merlinsky.

The produced gasoline will comply with the Euro 5 emissions standards, and will become an important revenue stream for the company as they export the fuel to local and international markets.

Process modules are scheduled to ship from Ventech’s fabrication facility during the second quarter of 2014. As they arrive at the project site, Ventech will provide site assistance during field construction. The project site is the Karachaganak Oil and Gas Condensate Field located in the Burlinsky District of West-Kazakhstan Oblast, Republic of Kazakhstan.

SC CONDENSATE (Uralsk, Republic of Kazakhstan) produces hydrocarbon fuels from various feedstocks and is the first independent refiner in the Republic of Kazakhstan. During 2012 the company celebrated its 20th year in business.

Ventech is the global leader in the design and construction of new modular refineries, gas-processing systems, and existing-plant relocations.

Contact:
Kevin Stanley
Chief Executive Officer
Kevin@ventech-eng.com
1149 Ellsworth
Pasadena, Texas 77502
Ph: (713) 477-0201
www.ventech-eng.com
# # #

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HOUSTON — March 24, 2014 — Waste Management, Inc. (NYSE:WM), Ventech Engineers International LLC, NRG Energy, Inc. (NYSE: NRG) and Velocys plc (LSE:VLS) today announced the formation of a joint venture to produce renewable fuels and chemicals from biogas and natural gas using smallerscale gas-to-liquids (“GTL”) technology.

The joint venture, comprised of WM Organic Growth, Inc., NRG GTL Holdings, LLC, VPI LF-GTL, LLC, and Velocys, Inc., brings together the right parties, the right assets and the right capabilities necessary to pursue opportunities in the sector.

As part of Waste Management’s commitment to sustainability, the company continually explores new ways to extract value from the biogas managed at its landfills. Under this program, Waste Management has pioneered the use of smaller-scale GTL utilizing landfill gas, including building and operating a demonstration unit at East Oak landfill in Oklahoma. The demonstration unit has accumulated more than 10,000 hours of successful operation.

“From developing gas recovery and cleanup techniques, to registering GTL diesel as a fuel for on-highway use, Waste Management has been a leader in this area. We are pleased to take this opportunity forward with a very strong team. Velocys’ leading smaller-scale GTL technology, Ventech’s engineering capabilities, and NRG’s clean energy development expertise will complement Waste Management’s strengths in the joint venture,” said Joe Vaillancourt, vice president, corporate venturing at Waste Management.

Ventech, as the engineering contractor to the joint venture, has optimized the design and engineering of the joint venture’s first facility. “Ventech brings to the joint venture its deep expertise in the development of modular construction and specialized fabrication of refineries, gas processing systems and chemical facilities, and we are proud to be able to apply our significant and specific expertise to this effort,” said Kevin Stanley, chief executive officer of Ventech Engineers International.

NRG brings extensive experience in developing large renewable capital projects, strong green customer focus and expertise in the acquisition and transportation of large quantities of natural gas. “With one of the largest and most diverse generation fleets in America including extensive natural gas generation capacity and a leading solar portfolio as well as numerous innovative and green options for large and small customers, NRG is focused on delivering cleaner and smarter energy choices,” said John Ragan, executive vice president and regional president, Gulf Coast, NRG. “We are pleased to be part of this joint venture that fits squarely within our commitment to provide customers with more options to reduce their environmental profile and look forward to helping develop the capabilities to leverage biogas and natural gas resources into a source for higher value, clean burning diesel fuel.”

Velocys, the leader in smaller-scale GTL technology, will supply the Fischer-Tropsch reactor and catalyst to the joint venture. “With the benefit of more than fifteen years of development, over $300 million of investment, and the world’s largest microchannel patent portfolio, Velocys is pleased to bring its leading position in smaller-scale GTL technology to this partnership and the exciting opportunities being pursued together,” said Roy Lipski, chief executive officer, Velocys.

The joint venture’s first facility is under development and will be located at Waste Management’s East Oak site in Oklahoma. The joint venture intends making a final decision to proceed on this first plant this year. Engineering and design work is substantially complete, final draft permitting documents have been submitted, and development activities for additional facilities are expected to commence shortly.

ABOUT WASTE MANAGEMENT

Waste Management, Inc., based in Houston, Texas, is the leading provider of comprehensive waste management services in North America. Through its subsidiaries, the company provides collection, transfer, recycling and resource recovery, and disposal services. It is one of the largest residential recyclers and also a leading developer, operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States. The company’s customers include residential,
commercial, industrial, and municipal customers throughout North America. To learn more information about Waste Management visit www.wm.com or www.thinkgreen.com.

ABOUT VENTECH

Ventech Engineers International LLC is a global leader in the design and construction of new modular refineries, gas processing systems, plant relocations, and specialized fabrications for the chemical, refining and gas production industries. The corporate office and fabrication complex are located in Pasadena, Texas. Additional offices are located in Ankara, Turkey, Moscow, Russia, and Alabang, Philippines. More information is available at www.ventech-eng.com.

ABOUT NRG

NRG is leading a customer-driven change in the U.S. energy industry by delivering cleaner and smarter energy choices, while building on the strength of the nation’s largest and most diverse competitive power portfolio. A Fortune 500 company, NRG creates value through reliable and efficient conventional generation while driving innovation in solar and renewable power, electric vehicle ecosystems, carbon capture technology and customer-centric energy solutions. NRG’s retail electricity providers – Reliant, Green Mountain Energy, Energy Plus and NRG Residential Solutions – serve millions of residential and commercial customers throughout the country. More information is available at www.nrgenergy.com.

ABOUT VELOCYS

Velocys (formerly Oxford Catalysts) enables modular gas-to-liquids (GTL) plants to convert unconventional, remote and problem gas into valuable liquid fuels. Systems based on the Company’s technology are significantly smaller than those using conventional technology, enabling modular plants that can be deployed cost effectively in remote locations and on smaller fields than is possible with competing systems. Together with world-class partners, Velocys provides complete modular GTL solutions that address an untapped market of up to 25 million barrels of fuel a day. Velocys plc is listed on the AIM market of the London Stock Exchange (LSE: VLS). The Company has approx. 100 employees with facilities in Houston, Texas, USA and near Oxford, UK and Columbus, Ohio, USA. More information is available at www.velocys.com.

FORWARD LOOKING STATEMENT

This press release contains forward-looking statements, including but not limited to statements regarding anticipated synergies and contributions from the joint venture partners, effectiveness and optimization of technology, and the development and permitting of the first facility and additional facilities. You should view these statements with caution. They are based on the facts and circumstances as of the date the statements are made. These forward-looking statements are subject to risks and uncertainties that could cause actual results to be materially different from those set forth in such forward-looking statements, including but not limited to, inability to obtain permits and inability to integrate and develop the technology and facilities as anticipated. The parties to this release assume no obligation to update any forward-looking statement whether as a result of future events, circumstances or developments or otherwise.

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