Cyanotech Sold 600 gallons of Algae Oil to Sapphire Energy


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Hawaii’s two publicly traded biotech companies are generating as much business by selling raw algae in bulk as they are by selling their core product, algae-based nutritional supplements.
Biodiesel from Algae oil

During the second half of 2008, both Cyanotech Corp. and Mera Pharmaceuticals saw half their revenue generated from bulk sales of algae. Previously, raw materials averaged less than 40 percent of total sales at both firms, company executives said.

The sales of raw materials are primarily to companies that produce biodiesel from algae.

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Leave a Reply 149 views, 1 so far today | | posted by Parkavikumar
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One Response to “Cyanotech Sold 600 gallons of Algae Oil to Sapphire Energy”

  1. Hielscher Ultrasonics - Ultrasound Technology Says:

    Hi,
    when you use pictures from other websites, I recommend you put a source and a link next to it at least. The picture was taken from Hielscher Ultrasonics – Biodiesel from Algae using Ultrasonication

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