Syntroleum Corporation's principal activities are to develop and license proprietary process for converting natural gas to synthetic liquid hydrocarbon known as gas-to-liquids or GTL technology. The Group sells licenses to use the GTL technology, the Syntroleum process for the production of fuels. The Syntroleum process produces synthetic liquid hydrocarbons, also known as synthetic crude oil, that are substantially free of contaminants normally found in conventional products made from crude oil. These synthetic liquid hydrocarbons can be further processed into other liquid fuels through conventional refining processes. These products include diesel, kerosene, gasoline, and naptha and specialty products such as synthetic lubricants, process oils, high melting point waxes, liquid normal paraffins, drilling fluids, and chemical feedstocks. On 21-Jul-2003, the Group discontinued its Houston Project.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.